NCP Investment Portfolio - New Communities Program

New Communities Program | November 2006
Community
Investment
Portfolio
14 catalytic projects
LITTLE VILLAGE
The New Communities Program
neighborhoods offer unique
investment opportunities
LITTLE VILLAGE
Logan Square
Humboldt
Park
East
Garfield
Park
AUBURN GRESHAM
Green and Energy-Efficient Renovation
08
CHICAGO SOUTHWEST
The Cannery Shopping Center
10
EAST GARFIELD PARK
Madison Street ROADMAP
12
ENGLEWOOD
Chicagoland Auto Repair Service (CARS)
14
HUMBOLDT PARK
Mural Arts Program
16
LITTLE VILLAGE
Little Village Park Campaign
18
LOGAN SQUARE
School-to-School Armitage Housing
20
NORTH LAWNDALE
King Memorial District
22
PILSEN
These projects are the most investment-ready of hundreds to
La Casa College Dormitory
emerge from a series of quality-of-life plans written by neighbor-
24
QUAD COMMUNITIES
hood residents under the leadership of local organizations. The
Cottage Grove Corridor Initiative
plans are part of the New Communities Program, a four-year-old
26
SOUTH CHICAGO
effort to apply comprehensive community development in 16
Steel Town to Green Town
Chicago neighborhoods.
28
WASHINGTON PARK
St. Edmund’s Commons Townhomes
30
WEST HAVEN
Haven Square Shopping Center
32
WOODLAWN
String Instrument Program
West Haven
North Lawndale
Pilsen
Little Village
Quad
Communities
Douglas
Oakland
Oakland
Kenwood
Washington
Park
Englewood
Cities and neighborhoods, like businesses, rise or fall based on
investment. Many parts of Chicago—downtown in particular—have
boomed thanks to public and private investment in such projects
as residential Dearborn Park, the restoration of Wacker Drive and,
most recently, Millennium Park on Chicago’s magnificent lakefront.
Assembled here is a portfolio of Chicago’s next great investment
opportunities.
Some of the projects call for substantial residential and commercial redevelopment—project values run more than $245 million in
the aggregate. Others are modest in dollar amounts, but heavy
on civic spirit: ethnic wall murals by local artists, a retail feasibility
study, expansion of a training program for auto mechanics.
Many have key partners in place while others are looking for
Woodlawn
Chicago
Southwest
Community Investment Portfolio
06
co-developers. Virtually all seek “seed investment” to trigger something larger. How large? Large enough to change these neighborhoods—and this city—in important ways. Large enough to help
reconnect these communities and their residents to the region’s
economic mainstream.
Auburn Gresham
South Chicago
Look carefully at what the NCP neighborhoods propose for themselves and for their city. We think you’ll agree. It is time to invest.
AUBURN GRESHAM
1
Green and Energy-Efficient Renovation
Vacant building to be reborn as community cornerstone
using green technology for efficiency and affordability
A city-owned abandoned building on a key corner in the 79th Street
LOCATION
934 West 79th Street
INVESTMENT OPPORTUNITY
commercial district will be fully rehabilitated. Energy-efficient materials and environmentally friendly construction methods will make
$450,000 for loans and/or grants
it one of the first green and sustainable mixed-use buildings on
OVERALL PROJECT VALUE
the South Side. The building will contain three affordable housing
$750,000 units, an office for the Greater Auburn-Gresham Development
TIMELINE
Corp., and meeting space for computer classes, personal finance
Early 2007 Construction
Late 2007 Completion
PARTNERS
McBride Kelley Baurer, architect;
Ramm & Associates, engineer;
HJKessler Associates, sustainable
design consultant
training and free tax preparation.
BENEFITS
The renovated building will relieve the community of a blighted
and unsafe building; improve air quality and reduce utility costs for
limited-income tenants; promote investment in Auburn Gresham while
fostering awareness of sustainable technologies; and provide community spaces where residents can learn the skills necessary to achieve
financial security and independence.
SPONSORING ORGANIZATION
Greater Auburn-Gresham Development Corp.
(GADC) is working to revitalize the neighborhoods of Auburn Gresham, Englewood and West Chatham by designing and implementing
programs that improve the community’s economic viability; increase
the availability of quality housing to people of different income levels;
maintain and improve existing affordable housing; and enhance the
delivery of social services, particularly to senior citizens.
FOR MORE INFORMATION CONTACT
Carlos Nelson
773.483.3696
[email protected]
(pictured right) 1. Renaissance Festival drew crowds. 2. Building is unoccupied and needs renovation. 3. The building
renovation structure will contain offices and apartments. (photo credits) 1. Alex Fledderjohn, 2. Greater Auburn-Gresham
Development Corp., 3. McBride Kelley Baurer.
2
3
.
CHICAGO SOUTHWEST
1
The Cannery Shopping Center
Community group and major developer partner
to build a different kind of shopping center
The Cannery will be a “neighborhub” that appeals to ethnic communLOCATION
60th Street and Western Avenue
INVESTMENT OPPORTUNITY
ities underserved by retailers. It will bring together stores, restaurants
and other foot traffic generating uses to create a destination that
$62 million for construction and
mortgage financing; lease commitments
appeals to a broad audience. General Growth Properties, one of the
OVERALL PROJECT VALUE
Southwest Development Corporation to construct up to 375,000
$62 million
TIMELINE
Summer 2007 Break ground
Summer 2008 Completion
PARTNERS
General Growth Properties
world’s largest shopping center developers, is working with Greater
sq. ft. of retail space.
BENEFITS
Originally a can factory, the site was redeveloped in the 1980s
for retail uses, but much of the land remains unused. The Cannery
will anchor this intersection as a major retail destination. The catalytic
effect already can be seen with a smaller retail center now being
developed across the street.
SPONSORING ORGANIZATION
Greater Southwest Development Corporation
(GSDC) was founded in 1974 to hold banks accountable for community disinvestment. GSDC’s mission has broadened and, with its
partners, it has been responsible for $500 million invested or retained
in the neighborhood. Projects include a Jewel-Osco grocery store
that was key to keeping 63rd and Western a vibrant retail district (and
of which GSDC owns ¹/³); retention of the Nabisco bakery, which
makes 22 million Oreo cookies a day; and housing developments,
single-family rehabs and foreclosure-prevention work.
2
3
4
FOR MORE INFORMATION CONTACT
James Capraro
312.822.1388
[email protected]
(pictured right) 1. The new center will anchor neighborhood redevelopment. 2. The Jewel-Osco will be part of the mix.
3. A large population lives nearby. 4. The site includes ample vacant land. (photo credits) 1. General Growth Properties
(rendering), 2-4. Eric Young Smith
EAST GARFIELD PARK
1
Madison Street ROADMAP
Partnership aims to populate retail streets
with places to stop and shop, eat and greet
ROADMAP stands for Retail Opportunities And Design, the Madison
LOCATION
Madison Street and East Garfield
Park Trade Area
Advisory Partnership. ROADMAP has more than 60 participants
and includes representatives from the city, local chambers of com-
INVESTMENT OPPORTUNITY
merce, business and property owners, churches, and residents. It
$70,000 for planning, marketing and
pre-development costs
is devising strategies and recommendations to attract retailers to
OVERALL PROJECT VALUE
$6 million for first-phase retail
development
the East Garfield Park trade area, centered on Madison Street from
Damen to Central Park. It will create marketing materials and hire a
retail development expert to “tell the story” and attract new retailers.
TIMELINE
February 2007 Comprehensive
retail plan unveiled
Spring 2007 Targeted marketing
implemented
The immediate area has a population of 19,000 and a traffic count,
PARTNERS
sit-down restaurant, and that local shoppers could support 40,000
Madison-Western Chamber of Commerce, Greater Garfield Park Chamber
of Commerce, University of Illinois at
Chicago—City Design Center
at Madison and Western, of 25,000 cars per day. UIC researchers
estimate that crowds coming to United Center events can support a
sq. ft. of family-apparel retail space.
BENEFITS
A revitalized Madison Street will attract other retailers to the
trade area; provide support to the Garfield Park Conservatory and
2
3
its 180,000 annual visitors; and set the table for a new cultural arts
facility on Madison that would provide performance and gallery
space for local artists and residents.
SPONSORING ORGANIZATION
Garfield Park Conservatory Alliance (GPCA)
enhances the environmental, social and economic vitality of Chicago’s West Side and encourages the larger community to explore
the fundamental connection between plants and human life.
FOR MORE INFORMATION CONTACT
Eunita Rushing
773.638.1766
[email protected]
10
(pictured right) 1. A hearty lunch at Edna’s Restaurant on W. Madison Street. 2. The corridor includes attractive corner
buildings. 3. Empty land is available for retail development. (photo credits) 1-3. Eric Young Smith
11
ENGLEWOOD
1
2
Chicagoland Auto Repair Service (CARS)
Program to train ex-offenders as auto mechanics
plans an off-campus repair shop
The Chicagoland Youth and Adult Training Center (CYATC) Auto
LOCATION
59th and Green Streets
INVESTMENT OPPORTUNITY
Repair Service, or CARS, provides training to at-risk young adults,
especially the formerly incarcerated. Based at Kennedy-King City
$275,000
$75,000 for workshop, garage rehab
$200,000 for working capital, inven tory, license fee, and equipment
College, CARS trains students to become industry-certified automo-
OVERALL PROJECT VALUE
for the City of Chicago and has placed more than 60 graduates
$275,000
TIMELINE
Early 2007 Begin rehab within 90 days
of securing capital commitment
PARTNERS
Ford Motor Compay, Daimler-Chrysler,
City Colleges of Chicago, Cook County
Courts, EmployAmerica, BAC Partners
tive technicians—one of Illinois’ fastest-growing occupations with
an average starting salary of $30,500. CARS maintains 250 vehicles
in private-sector positions. This project will allow CARS to offer
3
repair services to the general public at a garage building near 59th
and Halsted.
BENEFITS
The program helps launch careers among those who might
otherwise take a wrong turn. The expansion will provide direct
employment opportunities to residents; provide local repair services;
generate scores of good-paying jobs in other repair shops; and
attract additional commercial investment.
SPONSORING ORGANIZATION
Teamwork Englewood (TE) brings together
diverse representatives to participate in a collaborative and comprehensive approach to community development. TE does not control
the process or dictate to the community, but rather serves as a
facilitator and coordinator of the talents, energies and resources
of residents and other stakeholders.
FOR MORE INFORMATION CONTACT
Rev. Henry Barlow
773.783.4024
[email protected]
12
(pictured right) 1. Facility will be built in this garage. 2. Students learn technical and computer skills. 3. Instructor Clinton
Hall and students. (photo credits) 1. Johnnie Muhammad, 2-3. Eric Young Smith
13
HUMBOLDT PARK
1
Mural Arts Program
Rainbow of painted walls will proclaim
a neighborhood’s racial and ethnic heritage
Ten original murals will be painted by local artists on communityLOCATION
Various locations in Humboldt Park
INVESTMENT OPPORTUNITY
owned space throughout Humboldt Park. The murals will enhance
connections between the neighborhood’s Puerto Rican, African-
$15,000 per mural
American and Mexican ethnicities, and reaffirm Humboldt Park as
OVERALL PROJECT VALUE
a culturally distinct Chicago neighborhood. The project is included
$150,000 for 10 murals
in the neighborhood’s 2006 Building Community through the
TIMELINE
Arts action plan.
2007 First mural completed
2007–2011 Two murals completed
and installed per year
PARTNERS
Institute of Puerto Rican Arts and
Culture, Association House,
archi-treasures, various local artists
BENEFITS
The Mural Arts Program will show that community institutions
can use the arts to improve neighborhoods, while contributing to
the city’s overall cultural heritage. It will also demonstrate how small
investments that build on existing community strengths can achieve
2
3
larger social goals such as community pride and ownership of public
space; increased leadership and participation in community affairs;
and expanded investment in economic development.
SPONSORING ORGANIZATION
Bickerdike Redevelopment Corporation builds
community by creating affordable housing, improving economic
conditions, developing grassroots leadership and preserving ethnic
and cultural traditions. Active for 39 years in West Town, Humboldt
Park, Logan Square and Hermosa, Bickerdike has developed 1,006
.
affordable housing units. Much of the portfolio has been built by
Bickerdike’s subsidiary, Humboldt Construction Co.
FOR MORE INFORMATION CONTACT
Raul Echevarria
773.278.5669
[email protected]
(pictured right) 1. Humboldt murals help tell neighborhood stories. 2. Many are painted by youth and local artists.
14
3. Community protests kept this mural from being covered up. 4. Walls have been identified for new murals. (photo
credits) 1. Sarah Morton, 2. Bickerdike Redevelopment Corp., 3. Sarah Morton, 4. Bickerdike Redevelopment Corp.
15
LITTLE VILLAGE
1
Little Village Park Campaign
A place where students once learned skills will again
nourish the young with constructive activity and exercise
The community has developed a campaign to demolish the former
LOCATION
3100 S. Kedzie Avenue
INVESTMENT OPPORTUNITY
site of the Washburne Trade School, a dormant and dilapidated
building that blights two city blocks in the heart of Little Village. In
$5 million for demolition
conjunction with the City of Chicago and the Chicago Public Schools,
OVERALL PROJECT VALUE
the plan is to build a park along with a recreation center or other
$25 million
community amenity.
TIMELINE
Little Village is a densely populated working-class neigh-
2007 Groundbreaking begins
BENEFITS
PARTNERS
borhood with few green spaces or public recreational facilities. This
Chicago Department of Planning and
Development, Chicago Park District,
Chicago Public Schools, Little Village
community members
project will eliminate a dangerous, unsightly building; increase the
number of parks and/or community-use facilities in Little Village; and
attract more private development throughout the area.
SPONSORING ORGANIZATION
Little Village Community Development Corpo-
ration (LVCDC) is working to ensure balanced and sustainable
development that is respectful to all stakeholders: working families,
2
3
youth, seniors, faith communities, local businesses and organizations.
Since 1990 LVCDC has organized community residents and collaborated with its many partners to combat youth violence, improve
educational opportunities and build a better future for one of
Chicago’s fastest-growing communities.
FOR MORE INFORMATION CONTACT
Jaime de Leon
773.542.9233 x 19
[email protected]
16
(pictured right) 1. Activities now take place on city streets. 2. The Washburne site could become a park. 3. In park-short
community, volunteers build a playground. (photo credits) 1-3. Juan Francisco Hernandez
17
LOGAN SQUARE
1
School-to-School Armitage Housing
Lively storefronts beneath affordable apartments
will enhance Armitage Avenue’s “school corridor”
Sixty units of family rental housing above storefront and restaurant
LOCATION
Armitage Avenue from Humboldt
Boulevard west to Springfield Avenue
INVESTMENT OPPORTUNITY
$10 million for private equity
$9 million for public financing
$1 million for private financing
$260,000 for charitable donations
OVERALL PROJECT VALUE
spaces will be built along a one-mile stretch of Armitage Avenue. The
development will fill up to six vacant parcels along the commercial
street, which is less than two blocks from five elementary schools,
one middle school and three parks.
BENEFITS
This project will build community by linking families, schools,
affordable housing and the retail district in a common corridor. It
More than $20 million
will also build on human assets and parent networks nurtured over
TIMELINE
the last 10 years; help shape an important retail district in a way
2006 Pre-development
2007 or 2008 Construction
2009 Completion
PARTNERS
Bickerdike Redevelopment Corporation; Humboldt Social Services;
Westtown Concerned Citizens; Ames,
Funston, McAuliffe, Mozart, Yates
and St. Sylvester Schools
that supports local businesses; provide affordable housing for longterm residents; and strengthen local schools by stabilizing student
populations.
SPONSORING ORGANIZATION
Logan Square Neighborhood Association,
2
3
established in 1962, is one of Chicago’s oldest and most successful
community organizations. A primary focus is building stronger
community through stronger schools using innovative programs
such as Parent Mentors, Community Learning Centers, Literacy
Ambassadors and a bi-lingual teacher development program
called Nueva Generación.
FOR MORE INFORMATION CONTACT
Susan Adler Yanun
773.384.4370 x 16
[email protected]
(pictured right) 1. Armitage Avenue is within two blocks of six schools. 2. Stores and housing will fill gaps along street.
18
3. Shopping area remains key local asset. (photo credits) 1. Eric Young Smith, 2. Macondo Corp., Architects &
Planners, 3. Juan Francisco Hernandez
19
NORTH LAWNDALE
1
Dr. Martin Luther and Coretta Scott
King, Jr. Memorial District
Housing and new community facilities
for the site where Dr. King lived in 1966
Forty years ago, to call attention to segregated slum conditions
LOCATION
16th Street and Hamlin Avenue
INVESTMENT OPPORTUNITY
in northern cities, the Rev. Dr. Martin Luther King, Jr. and his wife,
Coretta Scott King, lived in a walk-up apartment building at the
$21 million
corner of Hamlin Avenue and 16th Street. That building, like so
OVERALL PROJECT VALUE
many in North Lawndale, was later torn down. The King Memorial
$41 million
$20 million for mixed-use rental
housing
$15 million for community center
$6 million for campus park and
King Memorial
District will cover four acres along 16th between Hamlin and Spring-
TIMELINE
center for the Marcy Newberry and Chicago Youth Centers, now
2007 Begin affordable family
housing project
2008 Begin campus park and
King Memorial
2009 Begin community center
and public library
PARTNERS
Chicago Youth Centers, MarcyNewberry Association, Safeway
Construction Company,
The Westside Federation
field. It will consist of a memorial to Dr. King; an affordable family
housing development that includes both rental and home ownership
opportunities; a park near Penn Elementary School; a community
located nearby; and a new public library.
BENEFITS
The King District will help revive the once-thriving commercial
area on 16th Street, which was damaged by the riots following Dr.
King’s assassination. The project will add momentum to recent developments including renovation of the former Howland Elementary
School, a new fire station and a new Access Living site.
SPONSORING ORGANIZATION
Lawndale Christian Development Corporation
was established in 1987 by Lawndale Community Church to bring
holistic revitalization to the lives and environments of Lawndale residents through economic empowerment, housing improvements,
educational enrichments and community advocacy.
2
3
FOR MORE INFORMATION CONTACT
Marcus Thorne
773.762.8889 x 12
[email protected]
(pictured right) 1. Dr. King waves from apartment window during 1968 stay. 2. Plan includes park, housing and King
20
memorial. 3. Youth play football on 16th Street lots. (photo credits) 1. Chicago Tribune file photo. All rights reserved.
Used with permission. 2. Skidmore Owings and Merrill LLP, 3. Eric Young Smith
21
PILSEN
1
La Casa College Dormitory
In a former convent, Pilsen-area students can live
and learn in a safe, supportive atmosphere
La Casa is envisioned as a 70-student multi-college dormitory in a
LOCATION
17th Street west of Ashland Avenue
INVESTMENT OPPORTUNITY
neighborhood environment. The Resurrection Project will convert
the former St. Adalbert Convent, a beautiful building with five floors
$1.1 million
that have been vacant for decades, into 19 single rooms and 31
OVERALL PROJECT VALUE
doubles. The basement and first floor will provide a drop-in study
$4.5 million
center for current and prospective college students, with a computer
TIMELINE
lab and conference rooms. The site is one block from train and bus
Fall 2008 Completion
stops and close to restaurants, groceries and other businesses.
PARTNERS
Local high schools, Chicago-area
colleges and community-based
organizations to be identified
BENEFITS
La Casa will provide an alternative living arrangement for
students who live in overcrowded homes where studying is difficult;
increase the number of community members who will continue their
post-secondary education; improve the types of jobs our youth
can obtain as college graduates; and attract young people to local
businesses, the nearby El Zócalo town square and community
service opportunities with local organizations.
SPONSORING ORGANIZATION
2
3
The Resurrection Project (TRP) was founded
in 1990 by a coalition of six Catholic churches and concerned citizens
who wanted to make a difference in their community. TRP’s work
has resulted in more than $146 million in commercial development,
affordable housing, small business support and loan packaging for
first-time homebuyers. This year TRP’s services and activities will
reach approximately 5,000 individuals.
FOR MORE INFORMATION CONTACT
Guacolda Reyes
312.666.1323
[email protected]
(pictured right) 1. Dorm will be built in this former convent. 2. Pilsen college students helped gain state funding for La
22
Casa. 3. Mexican-style mosaics on Orozco School. (photo credit) 1. César Nuñez, 2. The Resurrection Project,
3. Eric Young Smith
23
QUAD COMMUNITIES
1
Cottage Grove Corridor Initiative
Developers rediscover a South Side thoroughfare thanks
to its market potential…and stylish renewal plan
This marketing, beautification and maintenance plan lays the groundLOCATION
Cottage Grove Avenue from
39th to 51st Streets
INVESTMENT OPPORTUNITY
$450,000 to install street and
sidewalk décor, artwork and
benches, and to continue corridor
maintenance
OVERALL PROJECT VALUE
More than $60 million for commercial
and residential developments already
announced
TIMELINE
2007 Completion of art installation
Ongoing maintenance of corridor
PARTNERS
Little Black Pearl Art and Design
Center, Cleanslate, Chicago Christian
Industrial League
work for redevelopment of a 12-block stretch of Cottage Grove into
one of the South Side’s premier shopping venues…but with a big
residential component. Daily street and sidewalk cleaning has begun
and young artists have crafted a signature “look” for banners, benches and sidewalk tile. The message: You’ve arrived at “The Grove.”
BENEFITS
Giving the corridor a sense of excitement and identity is the
first step to attracting quality retail to an area that has been underserved for 30 years. This project will help bring local and national
retailers to new and rehabbed mixed-use buildings; attract newcomers, current residents, visitors and tourists; and recapture some of
the $450 million a year that residents now spend outside the neighborhood. Several retail/residential projects will break ground in 2007.
SPONSORING ORGANIZATION
Quad Communities Development Corporation
(QCDC) serves the North Kenwood, Oakland, Douglas and Grand
Boulevard neighborhoods. Bringing together a community in transition, it aims to maintain an economically diverse population by
spurring development of affordable housing, creating vibrant and
healthy commercial corridors and improving delivery of services
to underserved populations. QCDC serves as a convener of existing
organizations to attract resources to the 4th Ward.
FOR MORE INFORMATION CONTACT
Yvette Kelly
773.268.7232
[email protected]
2
3
4
(pictured right) 1. Banners proclaim Cottage Grove’s new identity. 2. Cleanslate crew maintains and beautifies. 3. New
24
housing to bring more shoppers. 4. Students at Little Black Pearl designed the banners. (photo credits) 1. Alex Fledderjohn,
2. Eric Young Smith, 3. Sarah Morton, 4. Eric Young Smith
25
SOUTH CHICAGO
1
Steel Town to Green Town
Community will bring vacant lots back into use
with affordable, environmentally friendly housing
South Chicago plans new affordable housing west of the soon-toLOCATION
83rd to 92nd Streets between
Commercial Avenue and the USX site
INVESTMENT OPPORTUNITY
$1,875,000
$1.5 million for green homes
development
$75,000 for technical advisor
$300,000 for land acquisition
OVERALL PROJECT VALUE
be-developed USX steel site. The community will apply to the Chicago
Community Land Trust to purchase vacant lots, and will build homes
that incorporate “green” features such as solar panels, high-performance windows and energy-saving appliances. The goal is to provide
high levels of efficiency similar to the New Homes for South Chicago
built by Claretion Associates, and to gain certification in the Leadership in Energy and Environmental Design (LEED) program.
$1,875,000
BENEFITS
TIMELINE
2007 Plan project and recruit partners
2008 Commence build-out, marketing
and sales
PARTNERS
Chicago Community Land Trust;
Chicago Departments of Environment,
Housing, and Planning and Development; Claretian Associates
South Chicago is poised for rebirth with the forthcoming rede-
velopment of the 573-acre mill site. The project will provide affordable
housing as new market-rate units are built nearby; support income diversity; and replace Rust Belt grey with green, environmentally friendly
housing on 10 vacant parcels.
2
SPONSORING ORGANIZATION
3
Southeast Chicago Development Commission
(SCDCom) was founded in 1981 to help the neighborhood cope with
de-industrialization. The mission has broadened into providing leadership, planning, advocacy and other programs that improve the quality
of life. Recent accomplishments include expansion of SCDCom’s Job
Resource Center; renovation of Russell Square park; creation of a
community/school partnership at Sullivan Elementary; and launch of
the Southeast Chicago Observer newspaper.
FOR MORE INFORMATION CONTACT
Mary Karen Reynolds
773.731.8755 x 20
[email protected]
(pictured right) 1. New houses will include solar panels or other green technologies. 2. Many vacant lots are available for
26
reuse. 3. Commercial Avenue retail is nearby. (photo credits) 1. Eric Young Smith, 2. Southeast Chicago Development
Commission, 3. Eric Young Smith
27
WASHINGTON PARK
1
St. Edmund’s Commons Townhomes
Vacant lots to become affordable rental townhouses—
and a base for local renewal efforts
Fifty-three rental townhouses, mostly three-bedroom units, will be
LOCATION
60th Street from Wabash to Indiana
Avenues
INVESTMENT OPPORTUNITY
$500,000for gap financing
OVERALL PROJECT VALUE
$14.6 million
TIMELINE
2007 Construction
2008 Completion
PARTNERS
Ald. Arenda Troutman (20th Ward),
Charter Mac, Chicago Department
of Housing, Chicago Department
of Planning and Development, Chicago
Housing Authority, Developers Mortgage
Corporation, Gilead Management
Company, LISC/Chicago, Redevelopment Service Corporation, Skender
Construction Company, University
of Chicago, Washington Park Neighborhood Association
built on 10 vacant lots, bolstering the return of middle-income housing
in this reviving South Side neighborhood. The Commons will contain
four units for households earning less than 30 percent of the area
median income, 17 units for those earning less than 50 percent and
25 for those below 60 percent. The remaining five units will be leased
at market rates.
BENEFITS
The housing development will reduce the number of vacant
lots that plague Washington Park; expand the income range of neighborhood residents; serve as a neighborhood model for mixed-income
housing; and attract other developers, including those offering homes
2
for sale.
SPONSORING ORGANIZATION
3
St. Edmund’s Redevelopment Corporation
(SERC) works to renew the Washington Park community by developing quality housing and fostering revitalization opportunities for all
people. SERC is working to redevelop former Chicago Housing
Authority sites and vacant lots into successful mixed-income housing;
create attractive gateways coming east from the Dan Ryan Expressway; revitalize commercial strips; increase parks and green space;
and improve employment opportunities.
FOR MORE INFORMATION CONTACT
Cecelia Hunt
773.752.8893
[email protected]
28
(pictured right) 1. Townhomes will be attractive and affordable. 2. Older brick housing is being rehabbed. 3. Most local
families are renters. (photo credits) 1. Johnson and Lee Architects, Ltd., 2. Martha Brock, 3. Juan Francisco Hernandez
29
WEST HAVEN
1
2
Haven Square Shopping Center
Grocery and other stores at Madison and Western
will signal return of retail to West Side artery
The Haven Square Shopping Center will be a supermarket-anchored
LOCATION
Madison Street and Western Avenue
INVESTMENT OPPORTUNITY
retail center with approximately 65,000 sq. ft. at the southeast corner
of Madison and Western. The anchor tenant will be the first new
$9 million
grocery store on West Madison since the 1968 riots devastated re-
OVERALL PROJECT VALUE
tailing along the street.
3
$9 million
TIMELINE
BENEFITS
The shopping center will enable community members to
2007 Groundbreaking
shop in their own neighborhood for the first time in 40 years, and
PARTNERS
bring fresh produce to an area that was identified as a “food desert”
Coniston Consulting
in a 2006 study. It will also provide employment and business opportunities to residents, including 107 jobs created by the project itself; generate traffic to bolster the pioneering Walgreens store at the
intersection’s northeast corner; and inspire similar projects, such as
the Madison Street ROADMAP initiative sponsored by two chambers
of commerce and the Garfield Park Conservatory Alliance.
SPONSORING ORGANIZATION
4
Near West Side Community Development
Corporation (NWSCDC) was established in 1988. It serves low- and
moderate-income residents in West Haven by developing affordable
housing, providing supportive services and organizing. NWSCDC
partnered on the Walgreen’s development across from the grocery
site. Its Home Visitors Program has worked with more than
600 families transitioning from public housing into mixed-income
developments.
FOR MORE INFORMATION CONTACT
Glenn Azuma
312.382.2102
[email protected]
(pictured right) 1. A grocery store will anchor the center. 2. Neighbors want a source of fresh produce. 3. A new Walgreens
30
opened in 2002. 4. Madison and Western after 1968 riots. (photo credits) 1. Eric Young Smith, 2. Alex Fledderjohn, 3. Eric
Young Smith, 4. Chicago Tribune file photo. All rights reserved. Used with permission.
31
WOODLAWN
1
String Instrument Program
Students gain opportunity to make music…
and learn the joy of artistic achievement
The Woodlawn String Instrument Program (SIP) will teach 40 youth,
LOCATION
Andrew Carnegie School
Dorchester Avenue and 61st Place
INVESTMENT OPPORTUNITY
$60,000 for first year
$32,000 for instructional costs
$22,000 for staff
$6,000 for refreshments
OVERALL PROJECT VALUE
ages 6 to 12, to play the violin, viola or cello. Instructors from The
Music Institute of Chicago will come to Andrew Carnegie, a local
public school, every Saturday for 30 weeks. Enrollment will be first
come, first served with a $6 weekly instrument rental fee, which will
allow families of different backgrounds to come together in a highachievement setting. Instructors use the Suzuki method, which
$375,000 over five years
requires active involvement by parents or guardians.
TIMELINE
BENEFITS
Spring 2007 Student/family recruitment
September 2007 Program launch
PARTNERS
Apostolic Church of God, The Music
Institute of Chicago, Andrew Carnegie
Elementary School, Woodlawn Preservation and Investment Corporation,
The University of Chicago
The program will enhance community development through
the nurturing and development of young minds. It will model parental involvement in children’s lives, spur creation of additional cultural
projects, and advance Woodlawn’s status as a quality mixed-income
community. SIP will supplement existing youth programs such as
athletics, academics, arts, community service, entrepreneurship and
technology training. These programs have helped students improve
their grades and expand their skills.
SPONSORING ORGANIZATION
Metropolitan Area Group for Igniting Civiliza-
2
3
tion, Inc. (MAGIC), a youth service organization based in Woodlawn,
offers programming that provides youth the opportunity to grow,
explore new ideas and achieve their potential. MAGIC’s program
portfolio includes a mural arts program, leadership development for
young men and young women, and youth organizing training.
FOR MORE INFORMATION CONTACT
Joseph Strickland
773.290.2313
[email protected]
32
(pictured right) 1. A model program is already underway. 2. Woodlawn housing is in high demand. 3. Youth programs
are a Woodlawn tradition. (photo credits) 1-3. Eric Young Smith
33
Learn more about
investing in Chicago’s
New Communities.
LISC/Chicago’s New Communities Program
(NCP) is the nation’s largest experiment
in comprehensive community development.
It seeks to rejuvenate challenged communities, bolster those in danger of losing ground
and preserve the diversity of areas in the
path of gentrification. Each effort is led by
a neighborhood-based lead agency that
coordinates its work with that of other local
and citywide organizations. NCP is supported
by a major grant from the John D. and
Catherine T. MacArthur Foundation.
FOR MORE INFORMATION CONTACT
34
DESIGN: Kym Abrams Design
Caroline Goldstein
LISC/Chicago
1 N. LaSalle St., 12th Floor
Chicago, IL 60602
312-697-6455
[email protected]
www.lisc-chicago.org
www.newcommunities.org
35
1 North LaSalle Street, 12th Floor
Chicago, IL 60602
312-360-0800
www.lisc-chicago.org
www.newcommunities.org