This is a project includes rezoning petitions and a site plan application. One rezoning petition requested to rezone 9 parcelsfrom R4C (Multiple-Family Dwelling) or M1 (Limited Industrial) to D1 (Downtown Core) base zoning district, Midtown Character overlay zoning district, and Secondary Street frontage designation, with conditions to require a 10-foot setback where adjacent to residential zoning districts. Parcels include 558 S Fifth Ave (main address), 201 E Madison St, 211 E Madison St, 215 E Madison St, 547 S Fourth Ave, 551 S Fourth Ave, 553 S Fourth Ave, and 554 S Fifth Ave with a total site area of 41,461 square feet. A second rezoning petition requested rezoning one parcel at 548 S Fifth Ave from R4C to D1, Midtown Character, and Secondary Street and include it with the conditions approved with the first rezoning petition to create a total site area of 49,060 square feet

The first version of the site plan on the smaller site called for a 256,205-square foot, 14-story building, 159 feet in height above average grade, with two levels of parking and 12 floors of residential use. The building will contain about 182 apartments, 84 vehicle parking spaces, 190 bicycle parking spaces, and 3 driveways.

With the increased site area, the newest versions of the site plan propose to develop a 15-story building with approximately 240 apartments and 200 vehicle parking spaces on the lower levels of the building.

See plan file numbers REZ25-0004 (558 S Fifth Ave), REZ26-0007 (548 S Fifth Ave) and SP25-0016 (558 S Fifth Ave).

June 26, 2025: The Citizen Participation Meeting was held. To see the meeting minutes, go to stream.a2gov.org and search project SP25-0016. Scroll down to the pdf titled "SP25-0016 558 Fifth Ave CPM."