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CHICAGO-Work could begin this summer on a 253-unit condominium building at 1255 S. State St., continuing a trend of mixed-use development in the South Loop. The $63-million project got a favorable recommendation Thursday from the city council’s committee on zoning after getting an endorsement earlier this month from the plan commission.

The one-, two- and three-bedroom units in the 19-story building, which will have 14,000 sf of retail space at the northeast corner of State and 13th streets, will range from the mid-$100,000 to mid-$300,000 range, says Joe DiCosola, one of three partners in 13th & State, LLC. Partner Warren Barr also tells GlobeSt.com the group is aiming for occupancy in fall 2006.

In addition to retail space, the project includes a 326-space parking garage on the second through fifth floors, with 71 spaces set aside for retailers, including a Jewel Food store to the north. The fifth floor also will include an exercise room and meeting rooms.

Without a zoning change to a residential-business planned development, 13th & State, LLC would be limited to a 247,000-sf building on the 35,322-sf site, as well as a 155-feet height limit and 200 units. The zoning change allows for a building of 280,000 sf as well as the additional units. The developers earned bonuses with a $247,254 contribution to the city’s affordable housing opportunity fund. In addition, the department of planning and development notes the developers are earmarking 13 units for the city’s teachers’ housing assistance program, selling them at pre-construction prices.

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