The planned development, which allows for the conversion of the catalog company's former 364,500-sf warehouse at 1012-58 W. 35th St. in the Bridgeport neighborhood, was endorsed Thursday by the plan commission. Although it is in a tax increment financing district, developers Kent and Morton Skolnik are not seeking TIF assistance. The lack of city financial help, however, is not keeping the Skolniks from making units in their conversion affordable, Balcer says.
"I've worked with the developers before. It's affordable," Balcer says of the project. "It'll have programs for police and firefighters, teachers and the military."
In addition to preserving the six-story building, the Skolnik's Aberdeen LLC will build a three-story parking garage next to the building with 158 spaces. The obsolete warehouse will be retrofitted with a sprinkler system.
The redevelopment is across Morgan Street from a 66-unit loft project. Together, they form a buffer between a predominantly single-family residential area to the north and the Stockyards manufacturing district to the south, according to the department of planning and development.
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