Construction permits were issued this week for a new three-story residential building slated for 4035 S Calumet Avenue in Bronzeville. Owned by Pamela McCarthy, the new six-unit project will come with rear open decks, fencing around the property, a trash enclosure, and six spaces on a concrete parking slab. Prior to development, the parcel was occupied by a vacant grass lot.
The Community Development Commission has approved $6 million in Tax Increment Financing (TIF) money for the development of Park Boulevard Phase 3B located at 3603 S Federal Street in Bronzeville. Part of the larger Park Boulevard community, the project is the next step in redeveloping the site of the former Chicago Housing Authority (CHA) Stateway Gardens housing projects. The overall property is bound by W 35th Street to the north, S State Street to the east, W 39th Street to the south, and the Metra tracks to the west. This portion of the plan is oriented along S Federal Street anchoring the stretch between W 35th Street and W 37th Street at each end. Stateway Associates LLC is the developer behind the project.
The Community Development Commission has approved $5 million in TIF money for 43Green, a mixed-use development located at 4308 S Calumet Avenue in Bronzeville. Located at the intersection of E 43rd Street and S Calumet Avenue, the project site is a vacant lot adjacent to the CTA Green Line tracks. The development is a result of the collaboration between The Habitat Company and P3 Markets.
The Chicago City Council has approved the redevelopment plans for The Forum, located at 318 E 43rd Street in Bronzeville. Located adjacent to the 43rd CTA L station, the Forum building sits on a corner lot at the intersection of E 43rd Street and S Calumet Avenue. The development effort is being led by Bernard Loyd of Urban Juncture.
Yesterday, owners of the Prairie Shores apartments celebrated the groundbreaking of a new two-story resident clubhouse in Bronzeville. Spearheaded by Chicago-based firms Golub & Company and Farpoint Development alongside Goldman Sachs Urban Investment Group, the 17,510-square-foot structure will be nested between the 2901 and 2951 towers along Martin Luther King Drive. The five-tower Prairie Shores complex was purchased in 2019 and is undergoing a multi-phase renovation of its existing 1,675 residences, common spaces, and landscaping.
