$30M apartment building near Bronzeville’s Green Line proposed
Several developers on Monday, November 16, proposed a $30 million high-rise apartment building near the CTA’s 43rd Street Green Line stop, hoping to boost residences and stores in one of Bronzeville’s struggling commercial districts.
The proposal was submitted in a zoning application to the City Council. The development reportedly will be built on city-owned land which the developer will later acquire.
The proposal was submitted by developers Habitat, a multifamily builder in Chicago and P3 Markets.
Black-owned BOWA Construction and McHugh are named as joint venture general contractors for the project, according to P3 Markets’ website.
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