Keen to participate in the Milwaukee Avenue boom, a developer is seeking approvals to bring new rental units and retail to the northwest corner of Milwaukee and Chicago avenues in Chicago’s River West neighborhood. Located just steps from the CTA’s below ground Chicago Avenue Blue Line stop, the proposed transit-oriented development (TOD) would replace a handful of low-rise commercial structures, including the now-closed MoneyGram building at the corner.

According to the project’s freshly-filed Planned Development (PD) application, Chicago-based Lipe Property Company is teaming up with local architecture firm Pappageorge Haymes. As proposed, the seven-story building would feature 106 for-rent apartments above new ground floor commercial space and parking for 18 cars and 50 bikes.

The busy six-way intersection of Chicago, Milwaukee, and Ogden Avenues has been at the center of several new rental developments in recent years. Projects include the 47-unit aluminum-clad Linkt Apartments at 830 N. Milwaukee, the 363-unit Spoke development at the former site of the Gonnella bread factory at 1001 W. Chicago, and an unnamed 13-story, 188-unit development slated for 716-742 N. Aberdeen.