Chicago & Midwest + South Side + Apartments | March 29, 2023

Luxury Condo Collection in the Works for Bronzeville

Fifteen luxury condos are planned for Chicago’s Bronzeville neighborhood, the Chicago Business Journal reported. The developer of The Collection on the Drive, Edward McBrearty, said he’ll initially construct the first phase of the row homes in the 3850 block of South Calumet Avenue, with completion expected later this month.

Additional homes will be built on Pershing Road in the second phase of development, and the third phase will see homes constructed on King Drive.

According to McBrearty, homes in the first two phases will cost $825,000–$835,000, with homes on King Drive selling for slightly more.

“Developers looking south for deals yield to Bronzeville’s apparent resurgence as a highly sought-after neighborhood in Chicago for luxury living,” a spokesperson told the Business Journal. “It’s the first of this kind of development in the area but it is sure to strike a trend as the market starts trending upwards again.”

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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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