Ribbon-cutting and groundbreaking ceremony held for Bronzeville’s first equitable transit-oriented development
Officials held a joint ribbon-cutting and groundbreaking ceremony last week for 43 Green, an $81.8 million INVEST South/West two-building project that will bring equitable transit-oriented development to Chicago’s historic Bronzeville area.
While the ribbon-cutting celebrated the opening of 43 Green’s Phase I, a $37.8-million 10-story building at 43rd and Calumet Avenue, the groundbreaking marked the start of construction for Phase II, a $44-million 10-story building at 43rd and Prairie.
The city’s investment in Phase II building features 80 units, with 44 made affordable to those at 60 per cent AMI and below, as well as 3,600 square feet of retail space on the ground floor.
Both projects, located on previously city-owned land and will include fitness centers, bike storage spaces, rooftop terraces, on-site laundry facilities, and surface parking.
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