Under the new name “Cadence,” metal paneling is now being installed for the 11-story apartment building at 2050 W Ogden Avenue in the Illinois Medical District. The mixed-use development will include nearly 10,000 square feet of ground-floor commercial space, as well as 161 apartments on the upper floors. The residences will range from studios up to two-bedroom apartments.
Renderings have been released for the upcoming residential development at 1323 S Wood Street in the Illinois Medical District. Melrose Ascension Capital is heading the development which has been dubbed The Nightingale at IMD.
Permits have been issued for a three-story residential building at 534 E 38th Street in the Bronzeville neighborhood. The parcel in question is part of the larger phase three development from Oakwood Shores LLC.
Structural beams are approaching the final height for a new six-story residential building at 6 N Carpenter Street in West Loop. Real estate developer ZSD has planned for a total of 13 condominiums ranging between four- and five-bedroom residences. The project is replacing a set of low-rise brick buildings that were demolished last year.
This past Friday it was announced that Jonathan Rose Companies and Preservation of Affordable Housing (POAH) acquired Jackson Park Terrace in Woodlawn. The $25 million purchase of Jackson Park Terrace guarantees over 300 affordable apartments in Woodlawn, located across the street from the future Obama Presidential Center.
