CHICAGO — Related Midwest has opened three mixed-income buildings as part of the third phase of its 67-acre Roosevelt Square redevelopment in Chicago. Related Midwest completed development of 207 units including 75 public housing, 40 affordable and 92 market-rate units as well as 10,000 square feet of retail space.
The multiphase Roosevelt project is a redevelopment of the ABLA Homes site, which was a Chicago Housing Authority public-housing project made up of four buildings dating back to the 1930s.
Each building includes 70 apartments with studios, one-, two- and three-bedroom layouts. Market-rate asking rents start at $1,650 and go up to $3,725 per month. Rent restrictions on the affordable units were not disclosed.
The renovation of the last remaining Jane Addams Homes building also was part of this phase. That site is now home to the National Public Housing Museum and 15 apartments.