1.8.2020 – Update from the development team:
- Eliminated one residential floor, reducing the height of the building from 8 floors to 7 floors
- Residential building height reduced from 82’ to 75’
- Height of the elevator overrun (tallest portion of the building) decreased from 103’ to 93’ and is only 205 square feet
- Number of residential units reduced by more than 15% from 246 to 208 units
- Increased vehicle parking ratio to .45 spaces per unit
- Increased bicycle parking from 129 to 208
- Along Broadway Street and Cornelia Avenue, reduced amount of glass exterior and created a brick base of the building
- Added additional and enlarged terraces along Broadway Street facade given that facade has been brought to the property line
- Set the building back at the fifth floor on Broadway Street, ranging from 13’1” to 48’7”
- Created a series of terraces along Cornelia Avenue to further set back the building
- Per neighbors’ request, added a 5’ high brick privacy wall on the second floor at the western boundary of the development along the community and private terraces
- Per neighbors’ request, changed ground floor exterior material along western façade to brick from concrete
- Increased westernmost setback from 6’11” to 25’
- Revisions to building amenity plans have reduced size of the proposed interior atrium
- Reconfigured building entrance to be further east and accessible via Broadway Street to reduce pedestrian and vehicular traffic on Cornelia Avenue
- Per neighbor’s request, relocated most mechanical, electrical and plumbing equipment from west side of building to south side of building, away from residential neighbors
- Elimination of three (3) existing curb cuts on Broadway Street to encourage further pedestrian use on block and addition of two (2) parking spaces on Broadway Street
- We will provide pedestrian countdown and LED signals at intersection of Broadway Streets and Cornelia Avenue
- Recessed loading zones into the property to further reduce any potential impact on traffic and eliminate need for vehicles to back up onto Broadway Street
- Increased commercial space from 8,880 square feet to 13,814 square feet, with commercial space now comprising 20% of overall lot area
- Adjusted commercial space layout to abut property line to comply with existing Pedestrian Retail Street designation for block
- Awnings have been incorporated to commercial space to enhance consistency with nearby commercial structures
- Glass used on Broadway Street commercial façade will include retractable glass walls allowing for indoor/outdoor connections for commercial space
- Relocated pool and spa from Broadway Street elevation and now located closer to southern property line
Click here to view a Letter from the Development Team.
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12.20.2019
Dear Neighbors,
Alderman Tunney has set a meeting to review the updated proposal for 3460 N. Broadway – the former Treasure Island site. Please join us on Tuesday, January 14, 2020 at 6:30pm at Temple Sholom, 3480 N. Lake Shore Drive, in Bettie Port Hall. Please feel free to share with your neighbors – we have a larger space to better accommodate the crowd.
We will post the updated plans shortly after the meeting and will continue to take feedback via email as well. The next possible hearing before the Chicago Plan Commission would be on January 23rd but that agenda has not yet been released. The matter will be heard by the City Council Zoning Committee and full City Council only once it receives Plan Commission approval.
Thank you all for your patience and input during this process. Wishing you all a joyous holiday season and a healthy 2020.
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Optima, Inc. is a design-driven real estate development firm that has been developing, designing, building and managing striking urban and suburban luxury residential communities for more than 40 years. Optima controls and executes every aspect of the development process in-house for a dynamic system that offers greater focus and fluidity. Optima is committed to delivering extraordinary living through design, innovation, sustainability and management.
Optima Lakeview located at 3460 N. Broadway is an eight-story, mixed-use, transit-oriented development. The development consists of 8,880 square feet of commercial space at the first floor with 107 fully-enclosed parking spaces located at the rear of the site. The 2nd through 8th floors contain 246 rental residences ranging from efficiency units to three-bedroom units. The development eliminates three of the four existing curb cuts on Broadway due to the dramatic reduction in traffic from the site’s prior use as a grocery store, while adding two new on-street parking spaces and a standing zone located in the parking lane to mitigate any potential disruption of traffic. The project includes a roof deck with a pool and spa, as well as other amenities throughout the building, including a basketball court, a fitness center, game and party rooms, dog park and outdoor plazas and terraces. The development will have on-site property management and a 24/7 concierge.
Designed by Optima’s founder, international award-winning architect, David C. Hovey, FAIA, the building features a series of setbacks creating sculptural relief along Broadway with an undulating façade. The setbacks provide for landscaped retail spaces that promote sidewalk cafes and outdoor eating areas encouraged by the City along streets like Broadway. An elegant and sophisticated palette with warm-toned colors consisting of transparent light bronze glass and an opaque black-brown window wall has been selected to complement the surrounding neighborhood. The building also features a distinctive landscaped interior atrium that runs through the center of the entire building and is enclosed by a fixed in-place skylight at the roof to bring natural light into the interior of the building.
Thank you to everyone who attended our first community meeting on July 11. We apologize for the tight room at the police station and will use a larger venue for future meetings. We will continue to post updates here and you can always give feedback at Ward44@cityofchicago.org.
