CHICAGO — Locally based McHugh Construction and its partner Brown & Momen, a general contractor also based in Chicago, have completed construction of the $24.3 million 508 Pershing at Oakwood Shores in Chicago’s Bronzeville neighborhood. The 53-unit mixed-use, mixed-income project was developed by The Community Builders (TCB). Construction began in April 2021. The project is part of a larger Oakwood Shores revitalization plan. Oakwood Shores is about 3.5 miles south of downtown Chicago and part of an area called Near South Side.
TCB’s partners in the project include Granite Development, Ujima, the Chicago Department of Housing, Fourth Ward Alderman Sophia King, the Chicago Housing Authority (CHA) and UnitedHealth Group.
The project is located on land formerly occupied by the Chicago Housing Authority’s Ida B. Wells, Clarence Darrow and Madden Park homes, which were public housing projects built in 1939, 1961 and 1970, respectively.
The 55,000-square-foot building includes 7,000 square feet of amenity space, management offices and 3,500 square feet of street-level retail. It was designed by Nia Architects in collaboration with Antunovich Associates. Amenities include a resident lounge, meeting rooms, fitness center, top-floor lounge, bike storage and dog wash area.
Thirty-six of the 53 units are Low-Income Housing Tax Credit (LIHTC) units, reserved for households earning 80 percent or less of area median income (AMI).