Mixed-Use

Arlington 425 Project Receives Extension in Arlington Heights

The Arlington 425 project in downtown Arlington Heights has recently received a six-month construction-related extension from the Village Board. The extension, approved on April 15, extends the deadline for the proposed mixed-use development from May 3 to November 3. The development will eventually contain a combined total of 319 residential units and approximately 7,500 square feet of commercial space alongside 479 parking spots.

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Financing Approved For Mixed-Use Project at 3601 W Chicago

The Chicago City Council has sanctioned a $25 million bond for The Ave, a multi-family housing project. The Ave, which won the Chicago Ave Invest South/West RFP site in late 2021, will be situated at 3601 W. Chicago, replacing the existing Neighborhood Housing Services office and a city-owned commercial building. The project, led by KMW Communities, POAH, and CEC, will be a four-story structure housing 52 affordable apartments, a Neighborhood Housing Services space, an innovation center, 16,000 square feet of retail space, and a ground-floor parking area for 32 vehicles.

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