The University of Chicago has announced initial details for a new medical development at 5646 S Drexel Avenue on their Hyde Park campus. The new building would be located on the northwest corner with E 57th Street and will be replacing a surface parking lot in the heart of the university’s medical district. The project’s developer University of Chicago Medicine will be taking their first round of information to the Illinois Health Facilities and Services Review Board seeking the necessary approval to begin design development for the property.
Articles by Ian Achong
Plans have been announced for two new grocery stores in Austin and North Lawndale. The effort comes from two local entrepreneurs who see the value in providing healthy food in areas considered food deserts up as recent as the last decade, the two stores will potentially be located at an old Salvation Army Building located at 5713 W Chicago Avenue in Austin developed by Liz Abunaw and 628 S Pulaski Road in North Lawndale developed by Albert Peterson.
The City of Chicago and Mayor Lori Lightfoot are celebrating two years of the Invest South/West initiative across the city. The program launched in 2019 with $750 million in public funding for projects across 12 commercial corridors in 10 south- and west-side communities aimed at creating jobs, improving safety, and providing housing options. With many winners announced in the last two years, the projects have also spurred plenty of private developments in areas being reinvigorated by the program.
The Chicago Community Development Commission has approved the funding for an extensive renovation of the Barbara Jean Wright Apartments located at 1354 S Morgan Street in the Near West Side. The existing development is bound by W Maxwell Street to the north, S Morgan Street to the east, and W 14th Place to the south, along with two other housing projects to the west. Developer Jonathan Rose Companies is heading the effort who has managed over $1.8 billion in properties and recently broke into the Chicago market.
The City of Chicago and Mayor Lori Lightfoot have announced the winner of the latest Invest South/West RFP at 4300 W Roosevelt Road in North Lawndale. The currently empty site is roughly bounded by W Roosevelt Road to the south, S Kostner Avenue to the west, W 5th Avenue to the north, and S Kildare Avenue to the east. The winning proposal comes to us from developer partners 548 Developments and Related Midwest who are working with Lamar Johnson Collaborative, Ware Malcomb, and Site Design Group on the project’s design.