Developers Receive Financing for Ogden Commons Phase II

Ogden Commons, a $200 million masterplan that will bring new homes, shops, and health services to North Lawndale, is moving forward with its second phase. The Habitat Company, along with Sinai Health System, Alecko Capital, and the City of Chicago, announced that they have secured financing for OC Living’s first phase, a 92-unit building with predominantly affordable apartments. The project is located in the city’s largest opportunity zone, which means it will benefit from tax incentives and attract more investment to the West Side.

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3409 N Bosworth Avenue. Drawing by Booth Hansen

Permits Issued for 3409 N Bosworth Avenue in Lake View

Construction permits have now been issued for a three-story residential development at 3409 N Bosworth Avenue in Lake View. The project site is located between W Roscoe Street and W Cornelia Avenue, and bounded by the CTA Brown Line tracks to the north. The property is being developed by Marduk Management, using two LLCs named 3407 N Bosworth LLC and 3409 N Bosworth LLC, with plans for six total units for the project, each approximately 1,025 square feet.

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