Hubbard Street Group is planning to redevelop the property located at the corner of Clark, Belmont and Halsted (3179 North Clark Street) into a two-story commercial development with underground parking. The property is currently improved with a two-story building occupied by Fifth Third Bank and a surface parking lot.
The project will be constructed on the entire footprint of the site and reach a maximum height of approximately 48 feet. The new development will include approximately 59,000 square feet of new retail / commercial space on two floors, including over 20,000 square feet of ground floor space along the approximately 295 feet of continuous retail frontage on Belmont Street.
The underground parking level will be accessed off of Clark Street, and loading will be accessed off of Halsted Street. The property is currently zoned B3-3 and B3-2, and the development will be built as-of-right with the existing zoning.