Initial details have been revealed for a new mixed-use development at 2140 S Ashland Avenue in Heart of Chicago. Located on the intersection with W 21st Place and across the street from Benito Juarez High School, the new proposal will replace a vacant lot near the industrial heart of the predominantly Latin neighborhood right on the border with Pilsen. The project comes to us from local developer The Resurrection Project with various affordable developments nearby. At the moment, an architect is unknown.
Started in 1990 with donations from local parishes, The Resurrection Project began as a way to take back the streets for the local community and has grown to over $530 million in investments and has developed over 800 affordable units. Most recently The Resurrection Project finished construction and began taking applications for Casa Durango at 1850 S Racine Avenue, delivering 53 residences across two sites designed by Chicago-based architecture firm DesignBridge. Now the developer continues to grow with the same business model for their new project dubbed ‘Casa Yucatan’.
Casa Yucatan will rise seven stories and 85 feet tall and occupy the majority of the 38,000-square-foot lot with over 150,000 square feet of space, most of which will be dedicated to affordable housing. With commercial and community space on the ground level along with 32 vehicle parking spaces, the floors above will contain 100 residential units. Although the details haven’t been confirmed, if it is similar to other projects in the developer’s portfolio we can expect one-, two-, and three-bedroom layouts available to those making 60 percent or less of the Area Median Income (AMI).
Future residents will have bus access to CTA Routes 9, 21, and 60 as well as the CTA Pink Line at 18th station all within a nine-minute walking radius, thus making this a Transit Oriented Development (TOD). Although no construction timeline or budget has been revealed for the project, we do know Casa Yucatan has made it through the preliminary round of approvals from the Illinois Housing Authority Development Program for funding from its Low-Income Housing Tax Credit (LIHTC).
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Like it. Let’s see how it turns out. Worst case, if it turns out to be ugly it’s not in the most prominent location. But the density is solid for the area and it brings affordable housing to an area that has been seeing it go away.