Developers Receive Financing for Ogden Commons Phase II

Ogden Comments Residential. Image via The Habitat Company

Ogden Commons, a $200 million masterplan that will bring new homes, shops, and health services to North Lawndale, is moving forward with its second phase. The Habitat Company, along with Sinai Health System, Alecko Capital, and the City of Chicago, announced that they have secured financing for OC Living’s first phase, a 92-unit building with predominantly affordable apartments. The project is located in the city’s largest opportunity zone, which means it will benefit from tax incentives and attract more investment to the West Side.

Ogden Commons. Rendering via The Habitat Company

OC Living’s first phase will rise four stories at 1325 S Washtenaw Avenue and offer a mix of studio, one- and two-bedroom units. The building will also feature outdoor amenities including a landscaped lawn, a children’s play area, bike racks, and multiple walking paths. Inside, residents will have access to a fitness center, bike room, and social services offices.

Photo via The Habitat Company

The new residential building follows Phase I, which was a commercial building initially completed in 2021. As of now, three-story low-rise houses a Wintrust Bank, Momentum Coffee, and Sinai Health System’s One Lawndale Express Care Clinic.

The project is well-connected by public transit options. Bus service for Routes 18 and 157 stop near the corner of Ogden & Washtenaw while Route 94 runs along California Avenue. The nearest L station is Pulaski on the Pink Line which can be reached by Route 154 along Ogden Avenue.

With McHugh Construction and Bowa Construction serving as co-general contractors, the residential building has a targeted completion date of 2024, while the larger master plan is anticipated to complete by 2026.

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