5-Story Apartment Building Approved For Former Stage 773 In Lakeview

A five-story apartment building has received approval for construction at the former Stage 773 site in Lakeview, which has remained dormant for years. The project will provide 40 apartments and retail space, aiming to revitalize Belmont Avenue. Previously a hub for theater performances, the area has seen a decline in activity. The development is part of a broader strategy to improve local housing availability and stimulate economic growth. Patrick Filbin noted that the project is expected to draw new residents, enhancing community vibrancy.

Local officials see this as a pivotal development for the neighborhood's future. The investment in the property underscores a commitment to urban renewal. Such initiatives are crucial for addressing housing shortages in the city.