Ryan Cos. Breaks Ground on $117M Chicago Senior Community
- Jan 14, 2021
A partnership of Ryan Cos., LCS and Harrison Street has completed the financing process and kicked off construction at an upcoming $117 million, 258-unit senior living project in Chicago’s Six Corners retail district.
The ten-story Clarendale Six Corners will have a mix of independent, assisted living and memory care units, as well as a ground-floor retail space.
After several years of back-and-forth between city officials and the developers regarding certain aspects of the proposal—such as the project’s height and affordability—Alderman Jim Gardiner finally gave the green light on the project last February, according to Block Club Chicago. With the corner lot at Irving Park Road and Milwaukee Avenue sitting vacant since 2017, the local community has been eager to see the gap filled.
Designed by Ryan A+E Inc., the property’s independent living units will include 11 affordable apartments, while the ground-floor retail space will span 18,000 square feet. The fourth story will feature an outdoor terrace. Proposed common-area amenities, such as a theater, salon, spa and landscaped patios, as well as several educational and entertainment programs will also be available at the location.
Serving the neighborhood
The project will include a number of on-site retail options, including an Aldi grocery store on the southern half of the site. Public spaces serving the local community’s needs were also included in the project, such as two outdoor plazas with seating and bike racks, and a mid-block pedestrian path. Additionally, the project includes 215 off-street parking spaces.
Located at 4747 W. Irving Park Road, the building will cover 1.3 acres of the 4-acre triangular lot known as The Point at Six Corners. The parcel is less than a mile off Interstate 94 and 10 miles northwest of downtown Chicago.
Last July, Ryan Cos. moved forward with a large-scale mixed-use redevelopment plan on the former Ford Motor assembly plant site in St. Paul, Minn. The company is creating a mixed-use development with office, retail, residential and institutional space on a 122-acre lot along the Mississippi River. Rebranded as Highland Bridge, the project’s residential portion also incorporates a senior housing community.