Tan brickwork can now be seen along the exterior walls of a new two-story amenity clubhouse at 2937 S Martin Luther King Drive, part of Bronzeville‘s Prairie Shores apartment complex. The co-developers of this project, Golub & Company and Farpoint Development, purchased the five-building Prairie Shores assemblage for $180 million in 2019 in partnership with Goldman Sachs Urban Investment Group.
Construction can now be seen rising above grade for a two-story clubhouse addition to Bronzeville‘s Prairie Shores apartments. Nestled on the site of a former parking lot between Prairie Shores’ 2901 and 2951 towers, the new structure will be addressed as 2937 S Martin Luther King Drive. The development is part of a broader plan to renovate the five-building complex, which involves the makeover of 1,675 units, existing common spaces, and landscaping.
Yesterday, owners of the Prairie Shores apartments celebrated the groundbreaking of a new two-story resident clubhouse in Bronzeville. Spearheaded by Chicago-based firms Golub & Company and Farpoint Development alongside Goldman Sachs Urban Investment Group, the 17,510-square-foot structure will be nested between the 2901 and 2951 towers along Martin Luther King Drive. The five-tower Prairie Shores complex was purchased in 2019 and is undergoing a multi-phase renovation of its existing 1,675 residences, common spaces, and landscaping.
Construction permits have been issued for a new two-story clubhouse building, with an address of 2937 S Martin Luther King Drive in Douglas. The project will integrate with the existing five-tower Prairie Shores apartment development, originally built between 1957 and 1961 and purchased in 2019 by Golub & Company and Farpoint Development.
Construction has been completed on the renovation of 150 apartments at Prairie Shores at 2801-3001 S Martin Luther King Drive. Located on a 20-acre site in Bronzeville, the five-tower complex spans from E 28th Street to E 31st Street. Developed from 1957 to 1961, the project was purchased in 2019 by developers Golub & Company and Farpoint Development.