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Black Developers on City's Investment in Affordable Housing | Black Voices | Chicago News

Chicago will invest a billion dollars into the creation and preservation of 24 development projects, as a result of federal pandemic recovery money and the Mayor’s 2022 budget. The move not only aims to bring more affordable housing to the city but also looks to support developments led by people of color.
United States Morgan Park Abraham Lacy Chicago Emerging Minority Developer Initiative Community Development Corporation Far South Community Development Corporation
Source: wttw.com

Could the sale of gang-plagued Parkway Gardens mark a new beginning or a bittersweet end for Woodlawn residents?

Could the sale of gang-plagued Parkway Gardens mark a new beginning or a bittersweet end for Woodlawn residents? William Lee, Chicago Tribune © Brian Cassella/Chicago Tribune Parkway Gardens apartment buildings on May 10, 2021. The sudden announcement in April that the long-troubled Parkway Gardens housing complex was up for sale sent Martha Askew into an emotional tailspin at the thought of new owners kicking out low-income residents in favor of rich outsiders. For the past ...
United States Cottage Grove White City South Shore Dwyane Wade Jeanette Taylor
Source: msn.com

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Woodlawn residents anxious about Parkway Gardens sale

It’s too soon to say whether any families will be affected by Related Midwest’s plan to sell the historic 694-unit complex of apartments, but the sale would offer a fresh opportunity to reverse the fortunes of a complex mired in violence and poverty, and jump-start the housing market west of Cottage Grove Avenue.
United States Cottage Grove White City South Shore Dwyane Wade Jeanette Taylor

Could the sale of gang-plagued Parkway Gardens mark a new beginning or a bittersweet end for Woodlawn residents?

You are using an older browser version. Please use a supported version for the best MSN experience. Could the sale of gang-plagued Parkway Gardens mark a new beginning or a bittersweet end for Woodlawn residents? William Lee, Chicago Tribune © Brian Cassella/Chicago Tribune Parkway Gardens apartment buildings on May 10, 2021. The sudden announcement in April that the long-troubled Parkway Gardens housing complex was up for sale sent Martha Askew into an emotional tailspin at...
Cottage Grove United States White City South Shore Dwyane Wade Jeanette Taylor
Source: msn.com

Revamped former South Side Target hits the market

The offering will test investor appetite for commercial properties in a part of the city that isnt known for generating hefty returns for developers. But the building at 11840 S. Marshfield Ave. could go a long way in helping change that, said Walker, who expects the 129,000-square-foot property to fetch bids of around $20 million. A sale near that price would likely net a big payday for DL3, which inked a 10-year lease in 2019 with health insurer Blue Cross & Blue Shield of Illinois parent co...
United States Morgan Park Jones Lang Lasalle South Side Leon Walker Blue Cross

Discover to bring nearly 1,000 jobs to Chicago's South Side by 2024 with new call center in abandoned Target

Print A rendering of the call center Discover Financial plans at a vacant Target store in Chatham on the South Side. Discover, the Riverwoods-based credit card giant, is filling a vacant Target store in Chatham with nearly 1,000 jobs by 2024, city and Discover officials announced today. Chicago Mayor Lori Lightfoot, Discover President and CEO Roger Hochschild, and DL3 Realty’s Leon Walker held a press conference this morning at 8560 S. Cottage Grove Ave, one of two South Side locations Target...
Cottage Grove United States Lori Lightfoot Roger Hochschild Realty Leon Walker Mayor Lori Lightfoot

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