“A commercial building in Lincoln Park could soon be converted into apartments under a new redevelopment plan.
“Newcastle Investors is proposing a residential conversion of the upper floors of 1500 N. Halsted St., a 116-year-old, four-story building at the corner of Halsted and Blackhawk streets, according to a zoning application filed last week.
“The plan calls for transforming the building’s former office space — most recently used by a co-working facility — into 31 apartments. The mix would include junior one-bedrooms, one-bedrooms and two-bedrooms. Six of the units would be designated as affordable housing.
“The redesign was led by Chicago-based SPACE Architects + Planners. Crain’s first reported the news.
“To move forward, Newcastle is seeking to rezone the site from C3-5 to B3-5. The project would have to be approved by the city’s zoning committee and the full City Council. (Filbin, Block Club Chicago, 4/23/25)