High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
Chicago & Midwest  + South Side  + Apartments  | 

CHA Plans Mixed-Income Apartments in Back of the Yards

The Chicago Housing Authority (CHA) will acquire the long-vacant Aronson Furniture property at 4630 S. Ashland Ave. in the South Side‘s Back of the Yards neighborhood in order to build a new mixed-use, mixed-income development. The new project will include up to 80 apartments, with a mix of affordable and market-rate, and a flexible community space on the first floor.

“Our goal at CHA is to bring new housing opportunities to as many Chicago neighborhoods as we can,” said CHA CEO Eugene E. Jones, Jr.  “As we’ve done with other developments, this will also allow us to create a new community asset that will serve not only the building’s residents but the larger community as well.”

In common with other CHA mixed-use, mixed-income developments, the project will be supported by a combination of public funding sources. The project is currently in the planning and design phase.

Pictured: Mayor Rahm Emanuel (at podium) speaks at a ceremony to announce the project

Get Chicago News in 150 Words

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Read more at City of ChicagoConnect With CHA's Jones

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Development
New call-to-action
New call-to-action
New call-to-action