HISTORIC FILIPINOTOWN – A developer is preparing to build a 42-unit apartment building that will rise four stories next to the Lake Street Community Center, according to the City Planning Department.
The apartment building would be located at 241 and 291 N. Lake street in an area of narrow streets about a block south of Temple Street, where developers have been taking advantage of high-density zoning to break ground on numerous new residential projects.
The Lake Street apartments would be constructed on two lots, replacing a 1960s single-family home and a 1911 bungalow, according to county property documents. Both lots sold for a combined $1.150 million in separate transactions earlier this year.
The developer is seeking city permission to build the apartment complex with 38 parking spaces spread over a subterranean garage and parking lot as well as 46 spaces for bicycles, according an online summary. The project would include a courtyard and a recreation room.