New permits were issued for the Park Boulevard Phase 3B development. We previously reported on cassion permits for the neighboring building within the project this past summer. Park Boulevard Phase 3B is being developed by Stateway Associates LLC, the new construction will replace the former Chicago Housing Authority Stateway Gardens housing projects.
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 land sale for a new residential development at 539 and 541 E 46th Street in Bronzeville. Located just west of the intersection of 46th Street and S St. Lawrence Avenue, the homes will be replacing an empty lot near Armstrong Park. Local developer R&D Builders LLC will also serve as the architect for the buildings as they work on building up the area.
Tan brickwork can now be seen along the exterior walls of a new two-story amenity clubhouse at 2937 S Martin Luther King Drive, part of Bronzeville‘s Prairie Shores apartment complex. The co-developers of this project, Golub & Company and Farpoint Development, purchased the five-building Prairie Shores assemblage for $180 million in 2019 in partnership with Goldman Sachs Urban Investment Group.
Between the intersections of Bronzeville‘s Bowen Avenue and 42nd Street along Cottage Grove Avenue, facade work is approaching completion for new four-story mixed-use building at 4137 S Cottage Grove Avenue. This construction by DOM Properties Investment will yield 5,200 square feet of ground-floor retail, divided into two commercial units. Topping this retail component are 48 apartment dwellings, ranging from one- to two-bedroom residences.
