Market Research Logo

CHA – Julia C. Lathrop Homes Redevelopment – Illinois - Project Profile

CHA – Julia C. Lathrop Homes Redevelopment – Illinois - Project Profile

Synopsis

"CHA – Julia C. Lathrop Homes Redevelopment – Illinois - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "CHA – Julia C. Lathrop Homes Redevelopment – Illinois - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary

Chicago Housing Authority (CHA) is planning to build a residential community in Chicago, Illinois, the US.

The project involves the construction of residential community with around 1,116 housing units across 12.9ha of land. It will be implemented in phases.

The first phase worth US$75 million includes the redevelopment of buildings north of Diversey Parkway.

The project includes the construction of a convenience store, a coffee shop, a sports pub, a pet day–care facility, a clubhouse, a spa, a swimming pool, parking spaces and related facilities.

In January 2010, CHA issued a request for qualifications (RFQ) for selecting a master developer and a team to revitalize the area.

In December 2011, a team of five industry-leading Chicago-based real estate developers has been selected to revitalize the 72-year-old Lathrop Homes development on Chicago’s Near North Side.

Lathrop Community Partners was named as master developer for the project by CHA and the Lathrop Homes Working Group. The team includes Related Midwest, Magellan Development Group, Heartland Housing Inc., Bickerdike Redevelopment Corp and Ardmore Associates.

In 2012, a series of public hearings were held by the developers to announce a formal redevelopment plan.

In August 2013, the master developers have issued a final draft for the redevelopment plan with three possible scenarios for community discussions.

The Lathrop Homes planning and design team includes Studio Gang Architects, bKL Architecture, Farr Associates, Wolff Landscape Architects, and Bauer Latoza Studio.

In August 2014, the developer team unveiled initial rendering for the redevelopment master plan with two buildings designed by bKL Architecture. The new six-story buildings are located at the Northwest and Southwest corners of Diversey, Clybourn and Damen Avenues and will include studio, one- and two-bedroom apartments. The Northern and Southern cover 8,249.79m2 and 12,727.71m2 area each.

In February 2016, CHA secured approvals from Chicago Planning Commission.

CHA secured approvals from Chicago City Council’s Zoning Committee in March 2016.

In June 2016, CHA dropped the construction of two mid-rise buildings designed by bKL Architecture at the eastern edge from the project plan.

In January 2017, CHA secured approval from the Chicago Planning Commission for construction of first phase.

In June 2017, the city council granted construction permit to Related Midwest for the six-story building with 59 residential units.

Scope

The project involves the construction of mixed-use facilities with around 1,116 housing units across 12.9ha of land in Chicago, Illinois, the US.

The US$1,600 million project includes the following:

1. Construction of residential buildings

2. Construction of 4, 645m2 commercial facilities

3. Construction of 800 parking spaces

4. Construction of related infrastructure

Reasons To Buy

  • Gain insight into the project.
  • Monitor the latest project developments.
  • Identify key project contacts.


1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
10.Key Contacts
11.General News, Project News
12.Appendix

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report