They plan to transform the historic single-room occupancy building into a mixed-income apartments offering both affordable and market-rate units, Chicago Curbed reports.
Designed by Brininstool+Lynch, the project would offer 84 market-rate rental units and garage parking for 52 vehicles. The Covent’s 60 single-room units will become 30 affordable-rate studio apartments with private bathrooms and kitchens. The existing building will also include 4,900 sq. ft. of renovated ground-level retail as well as new amenity spaces for residents.
Located at 2653 N. Clark St., the Covent Hotel was originally built in 1906.