Building Type

Pritzker Foundation Announces Chicago Prize Finalist Across Neighborhoods

The initial finalists for the 2022 Pritzker Traubert Foundation Chicago Prize have been announced across various city neighborhoods. The new competition started this year by the foundation was created with the belief that all Chicagoans should have equal access to economic opportunity. The six finalists are vying for a $10 million award, as a part of a larger $30 million commitment to community development on the city’s south and west sides over the next five years according to their website.

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Cadence

Cadence Apartments Wraps Up in Illinois Medical District

Final touches are underway for an 11-story mixed-use building branded as “Cadence,” situated at 2050 W Ogden Avenue in the Illinois Medical District. The development will be anchored by 10,000 square feet of retail and 161 apartment residences scaling from studios up to two-bedroom units. In partnership with AFL-CIO Housing Investment Trust, East Lake Management & Development is the developer behind the 108-foot-tall structure and its containing master plan known as Gateway.

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710 S Seeley Avenue

New Hampton Inn & Suites Reaches Fourth Floor in Illinois Medical District

Construction has reached the halfway mark for a new six-story Hampton Inn & Suites hotel at 710 S Seeley Avenue in the Illinois Medical District. The 135-key hotel is being developed by East Lake Management & Development as part of a larger scheme known as Gateway. The plans reside on the trapezoidal block bound by Harrison, Damen, Ogden, and Hoyne. A new inner driveway has been created under Seeley Avenue, hence the address name.

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513 S Damen Avenue

“The Lydian” Nears Finish Line in Illinois Medical District

The construction for a 22-story mixed-use building now dubbed “The Lydian” is closing in on completion at 513 S Damen Avenue in the Illinois Medical District. With 279 rental units and 1,000 square feet of retail on the ground level, the 242-foot-tall structure is being developed by Marquette Companies and meant to cater an increasing apartment market amongst medical professionals working nearby.

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City Announces Sale Of Over 2,000 Lots Across South And West Sides

The City of Chicago has announced a new consolidated program to sell over 2,000 city-owned lots across various neighborhoods in the south and west sides. Focusing on neighborhoods like Englewood, West Englewood, New City, Garfield Park, North Lawndale, and Austin, the program aims at creating an equitable path for property ownership in areas that have long suffered from widespread disinvestment. Dubbed ChiBlockBuilder, it is being led by the Department of Planning and Development and city commissioner Maurice Cox with the blessing of Mayor Lori Lightfoot.

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