Due to high application numbers, Aurora’s new affordable housing development, 1449 Senior Estates, closed applications. Despite initially planning a 30-day application period, the city received an overwhelming response, forcing them to close applications after just three days as reported by ABC Chicago.
Chicago Mayor Brandon Johnson’s announced of the “Cut the Tape” report, unveiling plans to streamline construction and affordable housing development approval processes. The initiative aims to foster economic growth and address housing needs by accelerating residential and commercial projects.
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.
The Chicago Plan Commission has approved the mixed-use development at 3955 N Kilpatrick Avenue in Old Irving Park. Located near the six-corner intersection with W Irving Park Road and N Milwaukee Avenue, we covered updates to the design earlier this year as it submitted its plan application. The project is being led by developer GW Properties.
A zoning application has been submitted for the mixed-use development dubbed ‘Old Town Canvas’ at 1610 N LaSalle Drive in Old Town. Sitting on the intersection with W North Avenue, we recently covered the project as it received a height bump after some community input. Local developer Fern Hill is behind the proposal originally revealed nearly three years ago.
