Construction has been completed on the renovation of 150 apartments at Prairie Shores at 2801-3001 S Martin Luther King Drive. Located on a 20-acre site in Bronzeville, the five-tower complex spans from E 28th Street to E 31st Street. Developed from 1957 to 1961, the project was purchased in 2019 by developers Golub & Company and Farpoint Development.
The Community Development Commission has approved the $96.9 million sale of the former Michael Reese Hospital site to the developers of the Bronzeville Lakefront megadevelopment in Bronzeville. Located at 2929 S Ellis Avenue, the property is bound by E 26th Street to the north, E 31st Street to the south, S Vernon Avenue to the west, and S Lake Park Avenue to the east. The developers for the site are a team called GRIT Chicago, composed of Farpoint Development, Loop Capital, Draper & Kramer, Chicago Neighborhood Initiatives, McLaurin Development, and Bronzeville Community Development Partnership.
Renderings have been revealed for a proposed mixed-use development at 4715 N Western Avenue in Lincoln Square. Located at the intersection of W Leland Avenue and N Western Avenue, the site is a city-owned public parking lot on the northeastern corner of the intersection. The Community Builders is the developer behind the concept.
Renderings have been revealed for a mixed-use development at 920 E 43rd Street in Oakland. Located along E 43rd Street, the subject property is currently a vacant lot, bound to the west by a public alley. DOM Properties Investment is the developer behind the project.
Revised renderings have been revealed for a proposed mixed-use development located at 1201 W Fulton Market in West Loop. Located at the intersection of N Racine Avenue and W Fulton Market, the corner lot is currently occupied by an existing one-story building. Fulton Street Companies and Harrison Street Real Estate Capital are the developers behind the proposal.
