The applicant proposes to demolish an existing 5-story vacant building to construct a new 2-story, single-tenant retail structure. The new building will be approximately 34.5 feet high and contain 5,960 square feet of space. The property is located within the Lake Michigan and Chicago Lakefront Protection District, necessitating a hearing and approval from the Chicago Plan Commission for the proposed construction. The project aims to update the retail property within the historically significant Oak St. Commercial Corridor.