Ribbon is Cut at First Phase of Townhome Complex in East Garfield Park
Structured Development joined project partners Thursday for a ribbon-cutting ceremony to mark completion of the first phase of Harrison Row Townhomes, which will ultimately include up to 50 affordable for-sale townhomes in the West Side’s East Garfield Park neighborhood.
Built under Chicago’s Affordable Requirements Ordinance (ARO), the townhomes create homeownership opportunities for low-income and working-class families. Three of the residences are already under contract.
“In the past, most units built under the ARO were smaller studio and one-bedroom plans that were almost exclusively rentals, so this is truly filling a need in the market, particularly with limited resale inventory available,” said Mike Drew, founding principal of Structured Development.
The March 25 event also kicked off the second phase of Harrison Row, which will include an additional 26 townhomes. Fain’s Development, LLC, a community-based minority development firm, will act as a full joint venture partner on a portion of the next phase
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).