Developers bring Latin cultural center, affordable housing and mixed-use project to West Humboldt park sites
WEST HUMBOLDT PARK – Two sites in West Humboldt Park that have languished in recent years will be brought back to life as part of a city plan that took a step forward this week.
The city has selected Park Row Development and architectural firm JGMA to redevelop the former Pioneer Bank site on North Avenue and Pulaski Road, according to a press release on Thursday. The developer’s plans call for a Latin cultural center, business incubation space, offices and a possible library branch in the 1920s bank building and a nine-story, 75-unit affordable housing building on the neighboring land. .
Further south, a trio of developers – Pulaski Road KMW Communities, Preservation of Affordable Housing and CEC – have been selected to greatly revive the avenues of Chicago and Central Park that house the small building of the Neighborhood Housing Services organization, according to the city. .
The developers plan to build a 44-unit mixed-income complex with about 21,000 square feet of dining, gym and daycare space, according to the city. The project will include an office for neighborhood housing services.
The development proposals were submitted as part of Mayor Lori Lightfoot’s Invest South / West initiative, which aims to revitalize neighborhoods on the south and west sides.
Also on Thursday, the city announced that developers DL3 Realty, Revere Properties and Claretian will revitalize the neighborhood near Metra Cheltenham station and the Ringer Building on the South Rim.
“These three projects demonstrate that Invest South / West is working where it matters most, in the heart of neighborhoods that have been neglected by the city and the private sector for too long,” Lightfoot said in the statement.
The city’s announcement comes after a year-long bidding process that weighed the community’s contribution.
Park Row Development, a company run by Matt Mosher, defeated Hispanic Housing Development Corp. to redevelop the Pioneer Bank building, vacant for over a dozen years, and the adjoining land. Hispanic Housing proposal was similar in concept, but had a different layout and design.
The winning proposal, called Team Pioneros, will cost around $ 53.9 million, according to the city. A construction schedule was not provided.
The modern design of the project was brought up at a community meeting in September, with a neighbor remarking that it looks more like a downtown office than an affordable housing complex.
Juan Moreno, from JGMA, replied: “I actually think that’s a wonderful compliment.”
âI really like changing the narrative of what we think of as affordable housing, and I think beautiful spaces like these are what our community and our residents deserve,â said Moreno.
The city said the Chicago Avenue and Central Park redevelopment project, dubbed The Ave., is expected to cost $ 25.3 million.
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