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Chicago & Midwest  + North Side  + Apartments  | 

Former Chicago YMCA Redeveloped Into Lawson House Apartments

Holsten Development was joined by Chicago Mayor Brandon Johnson and city officials to celebrate the grand opening of an affordable housing development, Lawson House, located in Gold Coast.

The $128 million project has transformed the former Chicago Avenue YMCA into a 409-unit affordable housing development. The property also features 4,669 square feet of ground-floor retail space. Funding for Lawson House was largely provided by JPMorgan Chase & Co. Inc., marking one of the company’s largest investments in an affordable housing development.

Farr Associates served as the architect for the project with Walsh Construction as the general contractor. At the event, Johnson also announced the appointment of Sendy Soto as the city’s first Chief Homelessness Officer, tasked with developing a five-year plan to address homelessness in Chicago.

Lawson House dates back to 1931 and is listed on the National Register of Historic Places. Built with a gift to the YMCA from Victor Lawson, publisher of the Chicago Daily News, it opened as a full-service hotel with social services.

Industry leaders and power players are connecting at Connect Phoenix Multifamily & Single-Family Build-to-Rent on April 18 at the Westin Kierland Resort & Spa. Don’t miss the expert’s take on where the market is headed, and what changes are on the horizon. Register Now!

Join the leaders and dealmakers when they explore the most important topics and trends at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register to attend to network with the best in the industry and sit in on discussions you won’t hear anywhere else. Early Bird Registration Ends April 19

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    Inside The Story

    Hoslten Farr Associates City of ChicagoJonathan Rose CompaniesJPMorgan Chase

    About Jasmine Kilman

    Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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