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Evergreen, Structured Development Break Ground on Near North Side
Evergreen Real Estate Group and Structured Development launched construction on Schiller Place Apartments, a three-building, 48-unit mixed-income rental community at 711, 731 and 749 W. Schiller St. on Chicago’s Near North Side.
Located immediately south of Structured’s award-winning NEWCITY development, on land that was formerly home of the Isham YMCA, Schiller Place will is intended to help preserve housing affordability in the Clybourn Corridor.
“With a portion of the units set aside as affordable housing, Schiller Place will allow more Chicagoans to enjoy the many amenities now available in this location, including improved riverfront access through the creation of the Wild Mile,” said Mike Drew, founding principal of Structured Development.
David Block, director of development for Evergreen, added, “Our firm is honored to be partnering with Structured to provide this much-needed addition to the neighborhood, where residents will be steps from public transportation, retail, restaurants and recreation along the riverfront.”
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