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  + Downtown  + Apartments  | 

Michaels Organization Proposal Wins Chicago’s West Side Design Competition

A seven-story, 63-unit, all-affordable apartment building was announced by Mayor Lori Lightfoot Monday as the winning proposal to redevelop vacant city land adjacent to the CTA Green Line in East Garfield Park. Called Hub 32, the 78,000-square-foot building is planned to include 14 one-, 34 two- and 15 three-bedroom apartments to be rented at rates affordable to households earning up to 60% of the Area Median Income.

The $47.2-million equitable Transit-Oriented Development (eTOD) project by The Michaels Organization, KMW Communities and TruDelta Real Estate was selected over two competing proposals for the 0.49-acre site at 132 N. Kedzie Ave. The proposals were evaluated for community wealth building potential, economic feasibility, and professional and technical competence. 

“The inclusion of design features and amenities that reflect the desires of the community, along with the development team’s demonstrated history of successfully executing catalytic projects, made this proposal stand out,” said Lightfoot.

Connect

Inside The Story

The Michaels Organization

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