Leasing for Six Corners Lofts likely to begin in October
by BRIAN NADIG
The first apartments for the 206-unit Six Corners Lofts building at 4714 W. Irving Park Road could be ready for lease by late October, according to Novak Construction executive vice president Jake Paschen.
Plans call for leasing to begin with the second floor of the five-story complex, followed with the higher floors, Paschen said.
The ground floor will include a 45,000-square-foot Target department store and an additional 5,000-square-feet of retail space, and the rooftop will include a pool and a dog run.
Paschen gave an update on the project, which includes retrofitting a portion of the former Sears department store on the site, at the Feb. 16 meeting of the Six Corners Chamber of Commerce. About 60 people attended the meeting, which was held at Tank Kitchen and Bar, 4706 W. Irving Park Road.
Paschen said that the apartments will have “really high ceilings,” up to about 16 feet, allowing for a loft feature in many of the units.
The 100-square-loft loft space, which will be accessible by a decorative ladder, is ideal for an office or bedroom, he said.
The size of the apartments, will range from 461 to 1,000 square feet, with studio and one- and two-bedroom units, Paschen said. Monthly rents will range from about $1,600 to $2,600, with lower costs for six affordable housing units.
Many of the units will have a private terrace or a hanging balcony, Paschen said.
Alderman James Gardiner (45th) told the chamber the project will attract young professionals who will patronize local businesses and that the development will serve as a catalyst for revitalization throughout the ward.
Gardiner said that he Sears redevelopment represents an investment in the community of “well over $100 million.”