Real Estate & Development News
Parkview Lofts and Parkview Commerce on Pershing Road across from McKinley Park have now received full approval from the City of Chicago for conversion and redevelopment of long-vacant Central Manufacturing District warehouses.
- Parkview Lofts set to bring 120 affordable apartments to a long-vacant Central Manufacturing District warehouse across from McKinley Park.
- Parkview Commerce next door to offer market-rate lofts and business space.
- City approval comes after zoning board consideration and split vote in the City Council.
2 commentsRead more: Parkview Lofts Affordable Housing Gets Final OKs from City
Parkview Lofts and Parkview Commerce at 2159 and 2139 W. Pershing Road received approval for development in a vote from the Chicago Plan Commission on Thursday, May 20, 2021.
- Chicago Plan Commission approves Parkview Lofts affordable housing conversion and Parkview Commerce mixed development next door.
- Project moves to consideration and vote next week by zoning committee and Chicago City Council.
- Split vote saw commissioners debating development's proximity to MAT Asphalt.
Read more: Plan Commission Approves Parkview Lofts Affordable Housing Project
The Aviation Institute of Maintenance looks to move into the Chicago Manufacturing District's historic East District based on building permits and promotional signs at the new commercial building at 3711 S. Ashland Ave., Chicago.
- Aviation Institute of Maintenance looks to land its newest campus in the McKinley Park neighborhood.
- Institute operates schools nationwide to support entry-level careers in aviation.
- Building permits and signage list the Aviation Institute of Maintenance as arriving in summer 2021.
Read more: Banner, Building Permits Herald Coming Aviation Maintenance School
The Parkview Lofts development at 2159 W. Pershing Road is rejuvenated thanks to changes in funding support and looks to deliver 120 units of affordable housing to the McKinley Park neighborhood within 12 months of starting construction.
- Parkview Lofts project at 2159 W. Pershing Road restarted with changes in funding support.
- Affordable housing development looks to deliver 120 units of rate-adjusted housing within 12 months of starting construction.
- Development project restarted after 2020 delay; neighboring building to also be redeveloped as Parkview Commerce.
Read more: McKinley Park Affordable Housing Project Returns via COVID Tax Credit Relief
The Cultural Assets Mapping Project from the Free Street Theater indexes and lists the artists, creators and assets of McKinley Park and other Southwest Side neighborhoods, and will soon send storytellers to capture McKinley Park's culture.
- Cultural Assets Mapping Project lists artists and creative resources for McKinley Park and nearby neighborhoods.
- Project from Free Street Theater asks South Side creators to submit a survey for map listing and networking.
- Results to highlight deficits in McKinley Park, Back of the Yards, Brighton Park, Gage Park and Englewood.
Read more: Cultural Assets Map Highlights McKinley Park's Creative Community
