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Chicago & Midwest  + Downtown  + Apartments  | 
Austin United Alliance will redevelop 5200 W. Chicago Avenue as a mixed-use project

INVEST South/West Anniversary Marked by Dual Groundbreaking

The Lightfoot administration on Tuesday commemorated the three-year anniversary of INVEST South/West, a revitalization strategy for 10 historically disadvantaged West and South Side communities, with dual groundbreakings in the West Side’s Austin neighborhood. Ground was broken for the $47-million Austin United Alliance mixed-use project at 5200 W. Chicago Ave. and an adjacent $26-million streetscape project led by the Chicago Department of Transportation. 

“Thanks to the $2.2 billion in investment commitments from the public and private sectors since the fall of 2019, INVEST South/West is ready to expand its reach beyond retail districts to include nearby residential blocks that are vital to sustainable neighborhood growth,” said Mayor Lori Lightfoot.  

Lightfoot also announced that INVEST South/West would expand its focus from commercial corridor investments to include infill development projects that lead to housing construction and residential population growth throughout the strategy’s 10 participating community areas.  

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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).

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