Visions for a boardwalk-centric property include shops, restaurants, a four-story hotel, and four-story condominium building went before the Planned Unit Development Commission—and received unanimous approval.
The proposal calls for six to eight restaurants (46,000 square feet), several retail spots, a boutique hotel (38,400 square feet) and a four-story condominium building with 32 units (also 38,400 square feet). The area would require about 400 parking spaces, some of them underground, Chicago Tribune reports.
The proposal is expected to go before city council in June and with approval, groundbreaking could be as early as next fall.
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