New mixed-use retail and affordable housing development underway in Chicago’s Bronzeville
ReJournals – James McHugh Construction Co. and Brown & Momen, Inc. have announced the start of construction on 508 Pershing at Oakwood Shores, a 53-unit mixed-used, mixed-income rental community in Chicago’s Bronzeville neighborhood. As part of a public-private partnership led by The Community Builders(TCB), the residential and retail building marks the latest phase of the larger Oakwood Shores revitalization plan, which encompasses more than 100 acres approximately 3.5 miles south of downtown Chicago.
Located at 508 E. Pershing Road, just east of Martin Luther King Drive, the four-story building will include 50 one-bedroom and three two-bedroom units, 7,000 square feet of amenity space, management offices and 3,500 square feet of street-level retail. Completion of the project, which is expected to cost $17.1 million, is scheduled for February 2022.
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