Industry News

Chicago Build

15 Dec 2021

Construction Starts On Shops At Big Deahl, A $250 Million Housing Complex On Near North Side

Jake Wittich, Block Club Chicago

Crews broke ground last week on the first two of three buildings that will bring affordable condos to the Near North Side.

Development firm Structured Development started work on the first two buildings of its Shops at Big Deahl project, a retail and residential development consisting of a three-building, 487-unit community centered around a public park at 1450 N. Dayton St., near the North and Clybourn corridor.

The development is bounded by Blackhawk, Dayton and Kingsbury streets, just northwest of the former Cabrini-Green housing project. The $250 million project was approved by the City Council in January.

The first building, called the Seng, is a four-story, 34-unit affordable condo building that should be finished by December 2022, according to a Structured Development news release.

The Seng’s buyers will be income-restricted and selected by the Chicago Community Land trust, a nonprofit group staffed by the Department of Housing that aims to preserve long-term affordability of homes through city programs like the Affordable Requirements Ordinance, developers said.

Read the full story on Block Club Chicago.

 

                                                                                                                                                                                                                                                                               

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