Developer Lexington Homes reveals plans for a new residential development at 1225 W School Street. The local company bought the land that once held the Craftsman Plating & Tinning office and plant from a previous developer whose similar plans were cancelled earlier this year.
Dubbed the ‘Lakeview Collection’, the plot of land fronts both W School Street to the north and W Melrose Street to the south with its longest side facing a public alley to the west.
Site view via Google Maps
Craftsman Plating & Tinning is a family-run company that has been in business for over 70 years and operated out of a one-story brick building on the site for over 40 years. Although concerns about site contamination were brought up in the mid-1990’s, in 1994 Craftsman Plating faced closure due to the rising area cost with homes worth $370,000 popping up nearby. In 2019 a developer purchased the land to build 28 townhomes before canceling in mid 2021 due to a City Council vote to rezone the site for single-family homes.
Rendering of previous townhouse development via Alderman’s Office
That is when Lexington purchased the 41,000-square-foot site for an undisclosed amount and announced the imminent construction of 12 homes with a starting price of $2 million. The residential design comes from Evanston firm Michael Hershenson Architects, and features two different layouts measuring 4,200 square feet and 5,000 square feet. Although designs are preliminary, they will be three stories tall with a basement space below, include detached two-car garages, rooftop decks over the garage and home, brick facades, and small yards.
Remediation of the land is currently underway and Lexington has plans to open model homes of each layout in early 2022 with first move-ins expected towards the end of 2022. However full build out is expected to be completed in 2024. Future residents will get to enjoy many nearby amenities including direct access to Margaret Donahue Park across the street, and CTA bus Route 77 via a three-minute walk away.