Structured Development Completes Affordable Condos in Lincoln Park
Chicago-based Structured Development has completed construction and opened a new model unit at The Seng, its 34-unit affordable condominium building at 869 W. Blackhawk St. in Chicago’s Lincoln Park neighborhood. Reportedly it’s Chicago’s first all-affordable condo building of its size.
“The Seng is an example of the city’s leadership in addressing a broad range of affordable and workforce housing needs, including a lack of quality, entry-level homes for those who would otherwise be priced out of many neighborhoods,” said Mike Drew, co-founding principal of Structured Development.
Named for Wendelin Seng, a German immigrant who founded a furniture manufacturing factory on the site in 1874, The Seng is the first of three residential buildings totaling 487 units to be completed at Wendelin Park (formerly Big Deahl), a mixed-use, mixed-income development by Structured Development on a site bounded by Blackhawk, Dayton and Kingsbury streets, on Chicago’s Near North Side.