The City of Chicago and Mayor Lori Lightfoot have announced the 24 recipients of a nearly $1 billion investment in affordable housing, the largest in Chicago history. All together the selected developments will bring 2,428 residential units across 14 neighborhoods in collaboration with Chicago Department of Housing. The winning proposals come from a list of 51 applicants and consist of new construction, preservations, and rehabilitation work.
The Commission on Chicago Landmarks has approved preliminary landmark status for the Ludlow Typograph Building at 2032 N Clybourn Avenue in Lincoln Park. Located near the Lincoln Yards mega-development, the 1913 building will be rehabilitated into a mixed-use property by developer Annexation LLC, who recently bought the building for $15 million.
Coming in at the 27th spot of Chicago YIMBY’s year-end countdown is 142 W Erie Street (formerly known as Bentham) in River North. Sedgwick Development is behind the planning and design for the boutique 14-story retail and condominium project, whose last reported architectural height was 172 feet.
Structured Development has broken ground on the second phase of its mixed-use The Shops at Big Deahl development at 1450 N Dayton Street in the Near North Side. The four-building project, whose first phase recently delivered a three-story indoor rock climbing gym on the easternmost edge of the site, received zoning approval for the remaining three buildings which will be mostly residential with a small retail space and public park also built in the complex. The second phase includes two shorter residential buildings on the north end of the site fronting W Blackhawk Street.