Construction continues on the mixed-use redevelopment of 4715 N Western Avenue in Lincoln Square. Sitting across the street from the CTA Brown Line Western stop in the heart of the neighborhood, the project replaced a long-term surface parking lot. Developer The Community Builders is behind the project with local firm DesignBridge on its design.
Zion Woods, a project for affordable housing, has begun construction on a nine-acre parcel next to Zion Evangelical Lutheran Church in Deerfield. Initiated by the church over a decade ago, the development aims to address the increasing need for affordable housing in the area. The project, which saw its groundbreaking ceremony recently, is expected to be ready for occupancy by mid-2025.
The Chicago City Council has approved a rezoning request for a residential project at 5400 N Ashland Avenue. Designed by Compass Architecture, the development has been scaled down from a five-story to a four-story structure, now standing at a height of 52 feet, down from the initial 57 feet.
The Chicago City Council has approved a $1.25 billion borrowing plan over five years. This is a win for Mayor Brandon Johnsons plan, aiming to increase affordable housing and good-paying jobs without raising property taxes.
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.
