The Aragon Ballroom, across from Cedar Street’s 40-unit building on Clifton Avenue. Photo: Kenneth C. Zirkel, CC BY-SA 4.0, via Wikimedia Commons.
The first building in Cedar Street’s Clifton project, a five-story, 40-unit apartment house at 4725 N. Clifton Ave., has its full construction permit and has been rising just south of Lawrence Avenue, across from the Aragon Ballroom.
That 40-unit building is a separate first phase from the 99-unit building Cedar Street later filed for the parking lot to the north, closer to Lawrence. Chicago YIMBY reported in August that 4725 N. Clifton had received its full permit and was still in ground-level work. Associated Bank, announcing a $7.62 million construction loan in March, described the same 40-unit building as “Clifton Uptown,” with 12 studio units, 28 one-bedrooms and 1,839 square feet of ground-floor retail in the Uptown Square Historic District, next to the rebuilt Lawrence Red Line station. Cedar Street has also marketed the building as The Laurel.
Associated Bank noted that it had also financed Cedar Street’s work on the nearby Bridgeview Bank Building, which the developer bought in 2019. The Laurel sits in a stretch of Clifton that has been a surface lot and a construction site while the Red and Purple Line Modernization work wrapped up at Lawrence.
For neighbors following both filings, the thing to keep straight is the addresses: 40 units at 4725 N. Clifton, already permitted and under construction, and a larger second building planned farther north, which is a different project.
