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.
Articles by Jack Crawford
Construction permits have now been issued for a three-story residential development at 3409 N Bosworth Avenue in Lake View. The project site is located between W Roscoe Street and W Cornelia Avenue, and bounded by the CTA Brown Line tracks to the north. The property is being developed by Marduk Management, using two LLCs named 3407 N Bosworth LLC and 3409 N Bosworth LLC, with plans for six total units for the project, each approximately 1,025 square feet.
Construction has begun on the tower section of 225 N Elizabeth Avenue, a 28-story mixed-use development in Fulton Market District. The project is developed by Sterling Bay and Ascentris, and will replace a former parking lot at the corner of Fulton Street and Elizabeth Street.
A ful building permit has now been issued for 1114 W Carroll Avenue, a 34-story mixed-use high rise in Fulton Market. The 379-foot project is being developed by Trammell Crow Company and will replace a former truck rental center and parking lot at the corner of Carroll Avenue and May Street. The site is located adjacently north of 315 N May Street, a 410-foot, primarily office tower that is expected to break ground this year.
One Six Six, a new 21-story mixed-use development in West Loop‘s Fulton Market, is nearing completion as its facade installation wraps up. Located at 166 N Aberdeen Street, the Greystar-developed project replaces the former Fabbri Sausage Factory with 224 rental units above ground-floor retail.