The Community Development Commission has approved Tax Increment Financing (TIF) funds for a new residential development at 1805 N Hamlin Avenue in Logan Square. Dubbed ‘Encuentro Square’ or meet-up square, is being developed by the Latin United Community Housing Association (LUCHA) with Canopy Architecture and Site Design Group serving as the designers for the multi-building project that was announced last year.
The City of Chicago and Mayor Lori Lightfoot are celebrating two years of the Invest South/West initiative across the city. The program launched in 2019 with $750 million in public funding for projects across 12 commercial corridors in 10 south- and west-side communities aimed at creating jobs, improving safety, and providing housing options. With many winners announced in the last two years, the projects have also spurred plenty of private developments in areas being reinvigorated by the program.
The Chicago City Council has approved an affordable mixed-use development at 3401 W Ogden Avenue in North Lawndale. Located on the southwest corner with S Homan Avenue, the new building replaces an existing flat parking lot used by the nearby police station. Dubbed ‘Grace Manor’ the project is the product of a developer venture between East Lake Management and Jerusalem CDC with local architecture firm JGMA as the designer.
The seven winners of the We Rise Together grant have been announced across the south and west sides in predominantly Black and Latino communities. The $6.7 million grant is the result of a program from the Chicago Community Trust that began in 2020 as the pandemic disproportionately affected communities of color and is aimed at assisting the areas recover. Learning from the recession, the winners range from small businesses to new construction representing the resilience of all Chicago’s neighborhoods.
The Committee on Zoning has approved the rezoning for a new mixed-use development at 3401 W Ogden Avenue in North Lawndale. Developer East Lake Management & Development Co. filed to rezone from Planned Development 833 to Residential Planned Development, partnering with local design firm JGMA on the project which will replace an existing parking lot with a small basketball court on the corner with S Homan Avenue.