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Vue53 Parking and Traffic

Saturday, May 11, 2013

Vue53 Parking and Traffic

The Vue53 proposal for the property at 1330 E. 53rd Street is supported by a new parking and traffic study.

The subject project is located on an approximately 1.11-acre site that presently contains a Mobil gas station with a convenience market and car wash, and a small parking lot, and spans zoning districts B1-2 and B3-2. Mesa Development, as developer of the project, is seeking a two-step zoning change for the property; first to change the underlying zoning to B3-5 and second to rezone the property to a Residential-Business Planned Development (PD).

A mixed-use development is envisioned for the property containing 267 apartment units and approximately 30,000 square feet of street level retail space, supported by 218 off-street parking spaces. The apartment units would be marketed to the general community under standard apartment leases with minimum one-year terms. It is anticipated that a significant number of University of Chicago related tenants (graduate students, faculty, staff) will likely reside in the building, so a furnished apartment rental option will also be offered. The project will make 10 percent of its overall units available to residents earning 60 percent of Area Median Income. An additional five percent of the studio and one-bedroom units will be reserved for residents earning no more than 80 percent of Area Median Income. Access to the parking garage will be provided from a single two-way driveway on E. 53rd Street at the west end of the site. The parking garage will serve apartment tenants and retail patrons.

The purpose of this study was to (1) examine existing traffic conditions, (2) assess the impact that the proposed development would have on traffic conditions and on-street parking conditions in the area, (3) determine if any street or access improvements are necessary to accommodate traffic generated by the development, and (4) determine if the development’s proposed off-street parking supply satisfies the parking requirements of the B3-5 zoning district and is adequate to accommodate the anticipated peak parking demand of the project without impacting parking on the adjoining neighborhood streets.

The subsequent chapters of the report present the following:

  • Existing conditions
  • Traffic characteristics of the proposed development
  • Projected conditions
  • Traffic analysis
  • Parking assessment
  • Conclusions and recommendations
  • readmore

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