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09 Mar 2020

The Habitat Company Announces Construction Start of $200 Million Mixed-Use Project in Chicago’s North Lawndale Neighborhood

MultifamilyBiz

CHICAGO, IL - Chicago-based The Habitat Company has announced construction is underway for phase one at Ogden Commons, the $200 million mixed-use project in Chicago’s North Lawndale neighborhood being developed in a public-private partnership between Habitat, Sinai Health System, Cinespace Chicago Film Studios, the Chicago Housing Authority and the city of Chicago. Upon completion, the 10-acre development will offer 120,000 square feet of commercial and retail space and over 350 mixed-income housing units.

“This is a great moment for the North Lawndale community, which hasn’t seen new development and investment for too long,” said Matt Fiascone, president of The Habitat Company. “It’s our mission to build impactful developments, and Ogden Commons will create a positive ripple effect in the neighborhood for years to come. Not only will it bring the first new outpatient facilities to the area in more than 20 years, but the project will also add new restaurants, a bank, office space and much-needed affordable housing – all while creating jobs and building the local economy.”

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