Affordable Housing

LaSalle Street Office Conversion Plans Advance for Four Developments

7:45 am on April 5, 2024 By Cooper Billingsley

On Wednesday, April 3rd, Mayor Brandon Johnson announced the selection of four developments for the LaSalle Street Reimagined initiative. These projects aim to rejuvenate the area by brining residents into the corridor after pandemic vacancies, utilizing $151.2 million in tax-increment financing funds. The office-to-residential developments will repurpose underused office buildings and adding over 1,000 new residential units, including at least 319 affordable units. Pending approval by the City Council, completion is slated for 2027 as reported by WTTW News.

Lawson House Renovation Completed In Near North Side

7:30 am on April 3, 2024 By Ian Achong

Work has officially been completed at the historic Victor F. Lawson House at 30 W Chicago Avenue in the Near North Side. Located on the northeast corner with N Dearborn Street across the street from the massive One Chicago development, the renovation took the 10th place in our 2023 year-end countdown. The work was led by developer Holsten Real Estate with local design firm Farr Associates.

Partial Funding Announced For 5853 N Broadway In Edgewater

7:30 am on March 24, 2024 By Ian Achong

Partial funding has been announced for the residential development at 5853 N Broadway in Edgewater. Sitting near the intersection with W Thorndale Avenue and adjacent to the Broadway Armory Community Center, the building will replace a one-story building and its parking lot. The project is being led by Bickerdike Redevelopment Corporation with LBBA Architects working on its design.

Partial Funding Announced For Redevelopment At 3150 N Racine Avenue

7:30 am on March 22, 2024 By Ian Achong

Partial funding has been announced for the affordable development at 3150 N Racine Avenue in Lakeview. Sitting on the corner with W Belmont Avenue, the project was approved by the city back in 2022. The proposal is being led by Mercy Housing and expands the existing SRO with a design developed by LBBA Architects.

Further Details Revealed For Development Replacing City Lit Books In Logan Square

7:45 am on March 21, 2024 By Ian Achong

Further details have been revealed for the mixed-use affordable development at 2525 N Kedzie Boulevard in Logan Square. Sitting on the northeast corner of the intersection with N Linden Place, we originally covered the announcement of the project earlier this year. The proposal is being led by Bickerdike Redevelopment with local firm LBBA Architects working on the design.

Funding Confirmed For Multi-Generational Development At 5300 S Calumet Avenue In Washington Park

7:30 am on March 15, 2024 By Ian Achong

Partial funding has been announced for the affordable residential development at 5300 S Calumet Avenue in Washington Park. Located on the southwest corner of the intersection with E 53rd Street, the proposal will replace a long-time vacant lot. The efforts are being led by developers The Renaissance Collaborative (TRC) and Housing Opportunities & Maintenance for the Elderly (HOME).

Sales Surpass Halfway Mark for Harrison Row Townhomes in East Garfield Park

7:45 am on February 18, 2024 By Jack Crawford

Home sales have surpassed the 50-percent mark for Harrison Row Townhomes, located in East Garfield Park. Led by Structured Development, under the affordable Requirements Ordinance (ARO), the program targets households earning up to 120% of the area median income. Fulfilling the ARO obligation for Structured’s Wendelin Park in Clybourn Corridor, these 40 townhomes are required to remain affordable for at least 30 years, with oversight by the Chicago Housing Trust (CHT).

Further Details Revealed For Diplomat Motel Renovation To Transitional Housing

7:30 am on February 11, 2024 By Ian Achong

Further details have been revealed for the conversion of the Diplomat Motel at 5230 N Lincoln Avenue in Lincoln Square. Sitting on the northern edge of the neighborhood, we covered its initial city approval into transitional housing mid-last year. The project is being developed between the city and the Department of Public Health, with Gensler working on its design.

Westhaven Park IID Tops Out in Near West Side

7:45 am on February 7, 2024 By Jack Crawford

Construction has reached its full height for Westhaven Park IID, located at 1959 W Lake Street in the Near West Side. Situated at the corner of N Damen Avenue and W Lake Street, this mixed-use building is adjacent to the upcoming CTA Damen Green Line station. The project is a joint venture involving Brinshore Development, The Michaels Organization, and the Chicago Housing Authority, with architectural design by LBBA Architects.

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