Community Development Commission

43Green at 4308 S Calumet Avenue. Rendering by Landon Bone Baker Architects

CDC Approves $5 Million TIF Money for 43Green Development at 4308 S Calumet Avenue in Bronzeville

The Community Development Commission has approved $5 million in TIF money for 43Green, a mixed-use development located at 4308 S Calumet Avenue in Bronzeville. Located at the intersection of E 43rd Street and S Calumet Avenue, the project site is a vacant lot adjacent to the CTA Green Line tracks. The development is a result of the collaboration between The Habitat Company and P3 Markets.

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Bronzeville Lakefront Development. Rendering by GRIT Chicago

CDC Approves $96.9 Million Sale of Former Michael Reese Hospital Site for Bronzeville Lakefront Development

The Community Development Commission has approved the $96.9 million sale of the former Michael Reese Hospital site to the developers of the Bronzeville Lakefront megadevelopment in Bronzeville. Located at 2929 S Ellis Avenue, the property is bound by E 26th Street to the north, E 31st Street to the south, S Vernon Avenue to the west, and S Lake Park Avenue to the east. The developers for the site are a team called GRIT Chicago, composed of Farpoint Development, Loop Capital, Draper & Kramer, Chicago Neighborhood Initiatives, McLaurin Development, and Bronzeville Community Development Partnership.

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Armour Institute Building at 3300 S Federal Street. Image by DPD

PRC Approves Armour Institute Building Redevelopment in Bronzeville

The Permit Review Committee, a subcommittee of the Commission on Chicago Landmarks, has approved the redevelopment of the Armour Institute Building in Bronzeville. Located at 3300 S Federal Street, the structure is on the edge of the Illinois Institute of Technology campus next to the Metra tracks along W 33rd Street. MCM Company and Washington Park Development Group are the developers behind the project.

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