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Updates On City Casino Bids As Selection Looms

As the city progresses towards selecting a winner of the highly-scrutinized casino deal, more renderings and information have been revealed on the complexities of utilizing some of the city’s existing structures. The five bids submitted to the city last year span from near Goose Island to McCormick Place, come from three companies with hopes to create a gambling, dining, entertainment, and lodging destination that is unique to Chicago’s urban fabric. More in-depth initial information on all of the bids can be found in YIMBY’s previous updates from October and November of 2021.

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TIF Approved For Affordable Development At 1805 N Hamlin Avenue In Logan Square

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.

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City Celebrates Two Years Of Invest South/West

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.

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City Council Approves Affordable Housing Project In North Lawndale

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.

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