Popular on TelAve
- Attorney Joseph C. Kreps Files Lawsuit to Stop Alabama State Board of Pharmacy's Unlawful "Revenue-First" Rulemaking - 110
- Advantage Marketing Launches 3-Minute Assessment to Help SMBs Diagnose and Fix Marketing Gaps
- Card makers turn to Pink and Main for tools to support their craft
- HousingWire launches Mortgage Rankings, bringing a data-driven benchmark to originator performance
- Evermore Bliss Launches AI Wedding Speech Writer to Help Users Create Personalized, Heartfelt Toasts
- Alchemy 43 Appoints Shane Smith as CEO to Drive Operational Performance and Scalable Growth
- On the 296th Anniversary of the Ceremony That Made His Ancestor Emperor, a Cherokee Descendant Publishes the Novel That Restores Him
- Mensa Brings National Board Game Competition to Northern Virginia April 16-19
- Century Fasteners Corp. Exhibiting at 2026 MRO Americas Show – April 21-23, 2026 – Booth #2257
- Mom Creators Coalition Launches with WaterWipes® as Official Founding Sponsor
Similar on TelAve
- CCHR Says New OIG Report Raises Concerns about Drugging Elderly with Antipsychotics
- SilverBow Strategies Launches RFPArchon™, the First Product in Its Artemis AI Solutions™ Suite
- Contracting Resources Group and Aalis Management Consulting Launch ARG Joint Venture Under SBA Mentor-Protégé Program
- CCHR Rejects Global Psychiatric Push to Electroshock Children
- iVAM2-ST2110 to Simplify IP Transitions and Reduce Monitoring Complexity
- Contracting Resources Group Named to the 2026 Inc. Regionals: Mid-Atlantic List
- Radarsign™ Awarded Sourcewell Contract Expanding Access to Traffic Safety Solutions
- Mac Mountain Selects netElastic vRouter for LightCraft Broadband-as-a-Service Platform
- Congressional Roundtable Exposes Mental Health Crisis: More Spending and Treatment, Worse Results – CCHR Demands Accountability
- Attorney Joseph C. Kreps Files Lawsuit to Stop Alabama State Board of Pharmacy's Unlawful "Revenue-First" Rulemaking
Chicago: Mayor Brandon Johnson Breaks Ground on Southbridge Phase 1C, Advancing 80 New Affordable Homes in the South Loop
TelAve News/10894504
CHICAGO ~ Chicago Mayor Brandon Johnson, along with city officials and development partners, gathered today to celebrate the groundbreaking of Southbridge Phase 1C. This marks a significant step in the revitalization of the former Harold Ickes Homes and will bring much-needed affordable housing to the South Loop community.
The project, which is a collaboration between the Chicago Department of Housing (DOH), the Chicago Housing Authority (CHA), and development partners, aims to transform a long-vacant property into an 80-unit mixed-income high-rise. This will not only increase access to affordable housing but also contribute to the economic vitality of the South Loop.
In his statement, Mayor Johnson emphasized the importance of affordable housing as a fundamental human right and a key factor in creating a thriving and equitable city. He expressed his pride in supporting this project and its contribution to providing affordable homes in the vibrant South Loop community. The mayor also highlighted how this project aligns with Chicago's vision for growth and investment in neighborhoods for the future.
More on TelAve News
Phase 1C will consist of 80 rental units, including studios, one-bedroom, and two-bedroom apartments. Of these units, 44 will be designated as affordable for households earning between 30% and 80% of the area median income. Additionally, some homes will be reserved for CHA residents with a right of return.
The Johnson administration has provided significant support for this project through $11.9 million in Tax Increment Financing assistance approved by City Council in July 2025. The CHA has also contributed $10 million towards this development.
Lissette Castañeda, Commissioner of DOH, expressed her pride in supporting this project with an $11.9 million investment. She emphasized how it will expand access to affordable housing near public transit and essential services for residents of the Near South Side while acknowledging those impacted by the demolition of former Harold Ickes public housing towers. Castañeda also stressed the importance of collaboration between government agencies, community stakeholders, and residents to achieve a shared goal that benefits all.
More on TelAve News
Phase 1C is the latest addition to the Southbridge development, which has already seen the completion of its first two phases. These phases have brought new residents and retailers such as Batter and Berries and 24 Life Gym to the area. The new building will also feature 1,500 square feet of ground-floor retail space, a fitness center, bike storage, a package room, and a rooftop terrace. It is expected to create approximately 90 jobs during construction and seven permanent positions upon completion.
Once fully completed, Southbridge redevelopment will offer approximately 867 mixed-income homes and 65,000 square feet of commercial and community space. This project aligns with Mayor Johnson's broader strategy to transform the Loop into a round-the-clock residential and mixed-use neighborhood.
Under Phase 1A and Phase 1B of Southbridge development, 206 rental units have already been developed and placed in service. Mayor Johnson remains committed to delivering more affordable homes and supporting projects that increase density and economic vitality in communities across Chicago. His administration has made it a priority to create a larger, more diverse housing stock with more affordable options for working people in order to make Chicago more affordable for all.
The project, which is a collaboration between the Chicago Department of Housing (DOH), the Chicago Housing Authority (CHA), and development partners, aims to transform a long-vacant property into an 80-unit mixed-income high-rise. This will not only increase access to affordable housing but also contribute to the economic vitality of the South Loop.
In his statement, Mayor Johnson emphasized the importance of affordable housing as a fundamental human right and a key factor in creating a thriving and equitable city. He expressed his pride in supporting this project and its contribution to providing affordable homes in the vibrant South Loop community. The mayor also highlighted how this project aligns with Chicago's vision for growth and investment in neighborhoods for the future.
More on TelAve News
- New Research Identifies "Vacation Compatibility Gap" as the Hidden Force Shrinking How Long and With Whom Americans Travel
- Melospeech Inc. Awarded New NYSDOH BEI Contract in New York
- Five-star Review for Berklee School of Music Textbook
- New Website WhatDayIsItToday.com Launches: Your Daily Go-To for "What Day Is It Today?
- Advanced TeleSensors Appoints AgeTech Innovator Tiffany Wey, MBA as Vice President of Sales & Marketing
Phase 1C will consist of 80 rental units, including studios, one-bedroom, and two-bedroom apartments. Of these units, 44 will be designated as affordable for households earning between 30% and 80% of the area median income. Additionally, some homes will be reserved for CHA residents with a right of return.
The Johnson administration has provided significant support for this project through $11.9 million in Tax Increment Financing assistance approved by City Council in July 2025. The CHA has also contributed $10 million towards this development.
Lissette Castañeda, Commissioner of DOH, expressed her pride in supporting this project with an $11.9 million investment. She emphasized how it will expand access to affordable housing near public transit and essential services for residents of the Near South Side while acknowledging those impacted by the demolition of former Harold Ickes public housing towers. Castañeda also stressed the importance of collaboration between government agencies, community stakeholders, and residents to achieve a shared goal that benefits all.
More on TelAve News
- Daniel Kaufman Real Estate Venture LoneStar Kaufman Development Partners Expands
- Brian D Chase Selected to the 2026 Nation's Top One Percent Personal Injury Lawyers
- Most Americans Choose Their Water Brand Because of Its Natural Source — Yet Fewer Than 3 in 10 Understand What Spring Water Actually Is
- Unlocking Multi-Sector Growth; Graphite Acquisition Powers EV Entry While Streamlined Consumer Snack Business Fuels Growth: (N A S D A Q: SOWG)
- Permian Museum Adds Carbonaceous Chondrite Reference Photos
Phase 1C is the latest addition to the Southbridge development, which has already seen the completion of its first two phases. These phases have brought new residents and retailers such as Batter and Berries and 24 Life Gym to the area. The new building will also feature 1,500 square feet of ground-floor retail space, a fitness center, bike storage, a package room, and a rooftop terrace. It is expected to create approximately 90 jobs during construction and seven permanent positions upon completion.
Once fully completed, Southbridge redevelopment will offer approximately 867 mixed-income homes and 65,000 square feet of commercial and community space. This project aligns with Mayor Johnson's broader strategy to transform the Loop into a round-the-clock residential and mixed-use neighborhood.
Under Phase 1A and Phase 1B of Southbridge development, 206 rental units have already been developed and placed in service. Mayor Johnson remains committed to delivering more affordable homes and supporting projects that increase density and economic vitality in communities across Chicago. His administration has made it a priority to create a larger, more diverse housing stock with more affordable options for working people in order to make Chicago more affordable for all.
0 Comments
Latest on TelAve News
- Whiteside & Goldberg Investigating Claims on Behalf of Victims in TJ Maxx Hidden Camera Incident in Machesney Park, Illinois
- "Fearless and Free": Long Beach Pride 2026 Celebrates Resilience, Family, and Multicultural Connection
- 50 Years of Small Business Wisdom, Supercharged by AI: Shelly Berman Launches The Business Health Check
- Deborah E. Jones Releases Emotional Sovereignty, a Book on Emotional Awareness and Self-Regulation
- Finding the Best Lawyer: What Really Matters When Your Case Is on the Line
- The New World of Freight Brokering with AI
- Captain Notepad Launches Full-Service Direct Mail Platform for Small Businesses Nationwide
- World Cup Buzz Fuels Nayarit's Rise as Mexico's Pacific Standout
- Nayarit strengthens its position in Mexico's Culinary Elite with 8 restaurants in the 2026 Mexico Gastronomic Guide
- Winter Garden Ski Lake Home Sells for $2.05M in Cash Transaction, Highlighting Demand for Strategically Positioned Luxury Properties
- Strobert Tree Services' "50 Shades of Green" Campaign Encourages Arbor Day Action Across Delaware and Pennsylvania
- As Fluoride Debate Grips the Nation, Americans Turn to Whole-House Fluoride Filters for Answers
- FOCUS Hires Carrier-Side Operations Leader to Build the Next Generation of Insurance Service Delivery
- Adams Security Group LLC Launches New Website to Expand Professional Security Services Across Florida
- Presidential Acceleration of Psychedelic Therapies Enters a Defining Moment as Federal Policy, FDA Alignment & Breakthrough Neurotechnology Converge
- Peernovation And Inception Stratos Launch Joint Venture To Build A Global Peer-powered Performance Platform
- GDE Tree Services Expands Operations Across Logan, Ipswich and the Gold Coast
- UK AltNet FullFibre Solves IPv4 Shortage With netElastic BNG And CGNAT Networking Software
- Studica Robotics Receives 2026 Partner Excellence Award from FIRST® Robotics Canada
- Seven Games That Make You Think (and Smile) Earn 2026 Mensa Select® Honors