I would like to thank everyone who was able to attend the community meeting on The Point at Six Corners Thursday evening. If you were unable to attend the meeting, there a video recording available on my Facebook page.
The plans call for 50,000 square feet of ground-floor retail along Milwaukee Avenue and Irving Park Road, with Aldi serving as the anchor tenant along Milwaukee. There will be 8 stories of market-rate senior living above the ground floor at the north end of the property, totaling 265 units. 86 units will be dedicated to independent living, 141 units for assisted living, and 38 units for memory care living.
There will be a total of 237 parking spaces included in the development, more than the City requires for a development like this. The proposal is a total of 10 stories at the corner, stepping down to one story about halfway south on the Milwaukee Avenue leg.
The plans also include two public plazas along Milwaukee and a pedestrian connection between Milwaukee and Irving Park. The property is projected to generate about $1.5 million in property tax revenue annually.
The residents, their visitors, and the 120 employees at the senior living facility will bring their buying power to the Six Corners business corridor and advance the revitalization efforts of the area, which will be complemented by the redevelopment of the Sears and Peoples Gas properties in the not-too-distant future.
I look forward to hearing more from you as we continue to inject new life into our community. If you have any questions or concerns, please email my office at Ward45@cityofchicago.org or the builders at PointAtSixCorners@RyanCompanies.com.