548 Capital

City Council Approves Mixed-Use Development In Humboldt Park

The Chicago City Council has approved the mixed-use development at 3831 W Chicago Avenue in Humboldt Park. Located east of the intersection with N Pulaski Road near Orr Park, the upcoming project will replace a combination of empty lots and one-story commercial structures owned by the city and developer. 548 Capital is behind the proposal being designed by Lamar Johnson Collaborative, both of which have past experience with affordable housing and working with the city.

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Affordable Housing Development Switches Owners At 2548 S Federal Street In Douglas

Updated details have been released for the residential project at 2548 S Federal Street in Douglas. Dubbed SL Solar Lofts, the site is bound by W 26th Street to the south, the Metra Rock Island tracks to the west and Stevenson Expressway to the north. The project will rehab and partially expand the existing industrial building into apartments. The previous owner, JDC Group Inc., recently sold the property to its current developer 548 Capital who has taken over the previously detailed plans from Red Architects.

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