Partial funding has been announced for the mixed-use development at 4528 S Cottage Grove Avenue in Bronzeville. Located mid-block between E 45th and 46th Streets, the project will redevelop an existing three-story building. Though an architect is unknown, the development is being led by Sunshine Management and Tigist Reda according to Block Club.
Site context map of 4528 S Cottage Grove Avenue via Google Maps
Tigist Reda is the founder and owner of famed Ethiopian-restaurant, Demera in Uptown. Reda was born and raised in Ethiopia but has called Chicago home for over 20-years now, discovering a passion for entertaining and sharing her culture and opening Demera in 2007. She has since expanded into Time Out market and is planning a third restaurant within the updated structure.
Current view of 4528 S Cottage Grove Avenue via Google Maps
Originally built in 1925, the 30,000 square-foot structure will have its facade repaired including reopening three-storefronts on the ground floor which will partially hold the 7,000 square-foot restaurant. The other portion will be within a rooftop addition which will have a separate side elevator per the renderings. The rest of the project will contain office space and apartments, though specifics haven’t been revealed.
Current view of 4528 S Cottage Grove Avenue via Google Maps
Visitors will have direct access to CTA bus route 4, with route 43 and 47 nearby. The project will cost between $6 to $9 million, with the Chicago Community Trust announcing a $100,000 grant and $1.7 million pre-development loan. This is on top of $3.1 million granted from the Chicago Recovery Plan and Community Development Grant last year. With the hopes of creating 50-permanent jobs, Reda hopes to open the restaurant in 2025.
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