Affordable Housing

Invest South/West Reveals Development Proposals For Pioneer Bank RFP In Humboldt Park

Invest South/West has revealed two new mixed-use development schemes for its RFP site at 4000 W North Avenue in Humboldt Park. The site sits on the corner of W North Avenue and N Pulaski Road and is made up of the landmarked Pioneer Trust and Saving Bank along with its .75-acre parking lot to the north. Goals for the RFP include new commercial space, rental and for-sale housing, and public spaces with the opportunity to celebrate local culture.

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Invest South/West Reveals Development Proposals For RFP In Humboldt Park

Invest South/West has revealed two new mixed-use development schemes for its RFP sites at 3601 W Chicago Avenue in Humboldt Park. The roughly 30,000-square-foot site is made up of two private lots and an alley to be vacated that are bound by N Central Park Avenue, W Chicago Avenue, and N Monticello Avenue. For this RFP, Invest South/West met with the community for months to derive four basic needs each development needs to focus on, those being; walkability, community safety, diversity of retail goods and service, and celebration of community.

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Development Commission Approves TIF For Residential Development In East Garfield Park

The Community Development Commission approves Tax Increment Financing (TIF) for a residential development at 414 N Central Park Avenue in East Garfield Park. TIF is a publicly financed subsidy for local developments and is being applied for by developer Conservatory Apartments LLC. Designed by HED Architects, the project will replace a vacated parking lot for the former Laura Ward Elementary School which shuttered in 2013.

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Zoning Approved For Residential Development At 547 W Oak Street In Near North Side

The Chicago Committee on Zoning has approved rezoning for a new residential development at 547 W Oak Street in Near North Side. Developer Brinshore-Michaels Development, LLC is teaming up with Pappageorge Haymes Architects to bring a new apartment building to an empty lot at the corner of W Oak Street and N Larrabee Street. Located on the south end of the former Cabrini-Green area, the project will benefit from being located near the new Halsted Pointe development and Sterling Bay’s recently renovated 600 West Chicago Avenue.

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