Good morning. Good morning buenos. Um
I want to welcome everyone to the meeting on the committee
on housing and real estate of the city of Chicago, and it's
called to order.
Today we have 10 items on the agenda. We're going to start
with a roll call, uh to establish quorum.
um
So please make sure that we have you have your your mic, um
ready, uh Vice chair Mitchell.
alderman
Alderman, uh Alderman present Alderman Robinson
Alderman Harris Alder Harris present Alderman Queen
Alderman Queen present Alderman Scott
Alder person Fuentes
Alderman Bernette present alderwoman Rodriguez Sanchez
Al the woman Rodriguez Sanchez present Alderman vas al
magas present all the women meets
all the women meets all the women clay.
all the women that happen with
add clay
all the women clay present Alder woman had it.
All the women had him present. Um, we have 1 2 3. We have
11 members. So we have Quorum. Um,
and uh, there has been also a rule 59 requests from other
persons more tailored Tabares and Ramirez Rosa for remote
attendance. Can I get a motion to allow them to be added to
the quorum?
Some of our other women Rosen Rodriguez Sanchez. Um, all
those in favor say I
all those opposed say name independent of the chairs that I
have it. So we like to welcome now all the persons more
tailored tabarez and Ramirez Rosa to the Quorum. Thank you
chairman.
um also would like to recognize other person all the person
Vasquez for for the CMAs and no member
and Alderman mostly also will be attending remotely even
though he's not a member of the committee as a non-member.
Um
so we have
1 public comment, um for today, um, I will have a reminder
each speaker. We have 3 minutes to speak on all items on
the agenda. Uh, the first speaker is Adrian Rodriguez.
Hello.
Hi, my name is Adrian Rodriguez. I'm the director of policy
at the Illinois Hispanic chamber of commerce. I'm here to
speak on behalf of the 3305 blunder project. It has been a
crucial partner to the ihcc has been as every ecosystem all
members play a key role in the London project alone. They
have awarded more than 3. 4 4 m i l l i o n in Latino and
women-owned business. This is an impact. We are making
together from all perspective. This is a need for our
community.
Thank you.
Thank you, Mr. Rodriguez, um being on further public
comments that ends our public comment participation. Uh,
our first order of business is the rule 45 report from
December 5th, 2023, which was email and distributed to the
committee members. Um,
Alderman, um Alderman, um, um, um, so all those in favor
say I
All those opposed say name in the opinion of the chair that
I have it the rule 45 report has been approved. Uh now will
we move on on the items before the committee?
Um and the item number 1. Um, and also like to recognize
all the Rodriguez for for the sake of the Quorum as a as a
member as well. Uh item number 1 is 02023 D 0000000 6387 is
a multi family loan to do all Development Corporation for
acquisition of 3 buildings through the preservation of
existing affordable rental programs in the 31st and the
333rd word Ivy's uh M this year from the the Chicago
Department of Housing information and service is present to
testify of the high on behalf of this ordinance.
Good morning, chairman, uh citro Lopez and members of the
committee.
For the record, my name is Eve fio financial planning
analyst from the Department of Housing. I'm here to present
Duo Development Corporation Duo 61 million dollars in Duo
assistant through the purple program to refinance the
acquisition of 3 worker buildings. The buildings are in the
31st Ward Alderman Cardona Junior and Toyota World all the
women centers.
Alderman Carona, uh junior and all the women wager centers
have both provided the lead of support for the project and
communities United, uh, provided delivery of support as
well for the project next.
Uh the orange we requested action up to 1 million dollars
to the pair of program for do development to refinance
multi family properties on 44410 North Central Park 2904,
Northland Avenue.
And 2537 North low Avenue. Thanks.
The 3 multi family properties are comprised of 8 units, but
the studies of the purple program unit will be maintained
at 80% Ami or below as you can see the 4510 North Central
Park Building is in a 33rd Ward and the other 2 building
2904 not lender and 2527 North lower are in the 21st world
next.
Now the next 1 is a area of view of the 45.
Central Park Building, as you can see the arrow pointing to
the building and the next 1 the next error is for 2904 not
lender and the next 1 is 2537 North lower building.
next
each unit will be 100% affordable at 80% Ami or below 52
bedroom at 80% Ami 3.
3 bedroom at 30% Ami next
uh development team the developer the world Development
Corporation. There's 2 brothers who are fired Robles and
Carlos.
Will bless you and the seller is a Chicago Metropolitan
Housing Development Corporation.
The lead lender is iff, Illinois facility fund attorney
badiano law next.
Little background about um Duo founded in March 2019 do
development is a community based real estate development
company founded by Carlos go. Shahan and Raphael Wess a
position primarily based in Belmont. Co and Albany Park
those additional mission for the properties is to provide
Equity opportunity for potential resident with the goal of
encouraging home ownership.
greetings
The property will be maintained at 100% affordability with
an 80% Ami for all units the request of 1 m i l l i o n
dollar for the program. We serve as a loan by down for the
original if aquisition loan of 1. 5 m i l l i o n, uh, the
program restriction and the loan term is for 30 years the
uh, this is a we financing loan reduction Reduction
Program. The owner must have permanent financing in place
as you can see the sources rff loan 1.5 Duo owner. Uh, the
equity is 80,000. The total is 1. 6 m i l l i o n when you
look in the uses the down payment.
uh, the perform 1 m i l l i o n dollars and you can see the
same total 1. 6 m i l l i o n
this conclude my presentation and
thank you for your time.
Thank you, um think about Mr. Mandir, um, are there any
questions uh or comments from committee members?
almond
I guess I mean to be cleared definitely supported
affordable housing preserving 2 and 3 Flats really
admirable and I appreciate the work that duo is doing
I'm curious why the seller is selling the property why why
this transaction transaction is happening and needs.
Businesses to maintain the affordability. Do you know what
I mean? Yes, that's a basically that um that used to be uh
in Chicago metropolitan that use it. There was a time back
in the city and I believe there was some um, most of it is
for affordability and then the new owner get it so they can
continue the same thing. I think there was um, what
happened was um CM CH there was an issue and then they
bought so many of them now they kind of release it to new,
um people
Might I ask for uh a contact offline for CM. I miss missing
all the letters in the acronym. I would love to follow up
with them if there's comparable properties in my word that
I should be potentially reaching out to them about.
CM. Can you give me all the letters here? I'm sorry.
CMC. Oh CM HDC the Chicago metropolitan house. What's the
number of letters? Yes, but if you have a contact offline,
I'd really appreciate it. Okay. Thank you. Thank you. Thank
you any other committee members?
Otherwise, um, can I get a motion to approve this item?
To move Alderman. Um
Rosen Rodriguez Sanchez, um all those in favor say I
all those opposed say nay independent of the chairs the
eyes have it congratulations to the 31st and the 33rd words
commend you for these efforts. They do pass recommendation
of these ordinance will be reported out at the next city
council meeting on Wednesday 224th 2024.
And I didn't number 2 and I'll also recognize that the
women meets for the purpose of uh of the Quorum and as well
as all the person um item number 2 is 02023 D 0000000 63888
is Insurance of financial assistance and Loan restructuring
to brainer senior preservation LP for acquisition and
Rehabilitation of building and adjacent facilities located
at 8901 through 8925 South Loomis Street in the 21st World
Joseph L Lewis from the Department of Housing is present to
testify on behalf of this ordinance Joseph.
Thank you chairman. Sjo Lopez and members of the committee
for the record. My name is Joseph Lewis, and I'm a
financial planning analyst with the Department of Housing.
The request before you is a proposed ordinance to authorize
new financial assistance and the restructuring of an
existing City Loan in connection with the proposed
Rehabilitation and recapitalization of the 60-unit
affordable senior community known as Brainerd Senior Center
Apartments at 8901 to 8925 South Loomis Street. The
property that is the subject of this preservation project
is located in the 21st Ward and Alderman Ronnie Mosley
supports this project next slide, please
in particular the requested actions before you are the
approval of up to 3,200 dollars in new financial assistance
to support the aforementioned rehab project and consent to
restructuring of existing agreements related to the Circa
year 2000 City Investments made to support the construction
and development of the brainer Senior Center Apartments
community which Investments include an approximately 1. 8 m
i l l i o n loan of City Home funds
these restructuring actions would provide for the
subordination of the mortgage lean securing the existing
Loan in favor of new financing from the Illinois Housing
Development Authority and the modification of the repayment
terms interest rate and maturity date of the existing Loan
in relation to the rehab financing plan next slide, please
The subject property is at 8901 to 8925 South Loomis Street
in the Washington Heights community area and the 21st Ward
represented by Alderman Ronnie Mosley on 5 contiguous
Parcels at the southeast Corner West 89th Street and South
Loomis Street. The property is adjacent to the brainer
Metro station as well as an another affordable housing
development controlled by the same developer next slide,
please.
Shown here is the subject property which consists of the
pictured 6 story elevator service residential building an
adjacent Gardens and parking facilities, the building
contains 60 rental units all but 1 of which is currently
restricted to occupancy by individuals aged 55 and older
and earning no more than 60% of the Chicago area median
income.
As well as common areas for the tenants. There's no
commercial or retail space. The subject property was
constructed and placed in service is as affordable housing
approximately 22 years ago.
To support the construction and development of the subject
property approximately 22 years ago the city of Chicago
provided a donation of the real property on which the
facilities are located approximately 1. 8 m i l l i o n
dollars in home funds and tax exempt Bond financing and tax
credits.
Through Brainerd senior LLC a holding company organized for
the operation ownership of the Brainerd Senior Center
Apartments. The property was acquired in March 2021 by full
circle communities as managing member next slide, please.
Shown here are typical interior conditions of rental units
at the property. The property is not undergone major
Capital Improvements since construction next slide, please.
Full circle communities Incorporated purchased the property
in March 2021 with the intention of preserving its
preserving its affordability for the long-term. And in the
time since March 2021 has worked to assemble a financing
plan to renovate and enhance the brainer Senior Center
Apartments.
To facilitate new Bond and tax credit credit financing
originated from the state of Illinois Housing Development
Authority full circle communities intends to transfer the
ownership of the property from brainer senior LLC to
Brainerd senior president LP a new holding company is
established in control by full circle communities to rehab
and own the property.
With financial support from the city of Chicago and the
United States Department of Housing and Urban Development
as well as the state of Illinois Housing Development
Authority the approximately 2. 1 m i l l i o n rehab
project will include renovation of all 60 Apartments
remodeling of common spaces and replacement of roofing
windows and exterior doors. Welling units will feature new
flooring painting renovated bathrooms. New cabinets new
appliances new Plumbing fixtures and new lighting.
Exterior improvements include new windows Roofing entry
doors and a uh, repaving of the ashva parking area as well
as some Landscaping improvements.
The proposed project is participating in a city of Chicago
decarbonization pilot program focusing on holistic
improvements to the Energy Efficiency of the building. The
building will include the following decarbonization
features a heap of heat pump variable refrigerant flow
heating ventilation and air conditioning system with heat
recovery induction ranges with Magnetic cookware heat pump
dryers window upgrades and roof insulation a solar photo
voltaic array and related upgrades to the electrical
system.
The development property is occupied and the proposed
project will be subject to relocation compliance under all
applicable local state and federal laws and regulations for
an age restricted affordable multifamily Community. The
plan is to complete unit rehabs and batches moving tenants
into vacant units and then moving them back into their
previous units following rehab an acceptable relocation
plan is required as a condition to close on this proposal.
The developers and communication with appropriate Doh
Personnel in this respect and accept for 1 over income
tenant residing in the currently unrestrict restricted
managers unit. No permanent relocation or displacement of
residents is being considered and the Tenant that is to be
permanently relocated shall receive appropriate relocation
benefits.
Post rehab the property will offer a mix of of 30% 50% and
60% of area median income units with an increase in lower
Ami units from the original unit mix in order to deepen
affordability for existing and new residents.
The development will include 12 permanent Supportive
Housing units, uh with with Ida rental assistance subsidies
as well as 3, uh units least via the Statewide referral
Network in addition to the 12 Subs rental subsidized units.
The project will include 4 permanent Supportive Housing
units.
uh, uh in exchange for city of Chicago, which says uh
assistance
Next slide please.
This slide identifies the sources and uses of funds for
Brainerd Senior Center preservation total development costs
for the project are approximately 2 1 m i l l i o n dollars
and these costs will be primarily funded by government
sources with support from the Illinois Housing Development
Authority HUD. And of course the city of Chicago among
other sources.
I just sourced Bond financing will fund permanent First
Mortgage Debt held by BMO Bank and a separate new
subordinate loan from Idaho will additionally provide 2,610
dollars for the benefit of the project.
HUD will provide a loan of up to 750,000 through the HUD
green and resilient retrofit program and do H will be
providing up to 3,200 dollars or approximately 15.25% of
the total development costs.
In New City financing for the in for the decarbonization
elements of the project and exchange for preferencing very
low income tenants earning no more than 30% of the Chicago
area median income for 4 units.
The financing plan is rounded out by proceeds of a grant
from the federal Home Loan Bank funds from comed's
efficiency program transferred reserves rental income
during construction proceeds of low-income housing tax
credits generated in connection with the use of a source
Bond financing proceeds from solar investment tax credits A
deferred developer fee and general partner Equity
additionally Doh proposes to allow the Assumption and
Restructuring of the circuit 2000 Home Loan in the unpaid
principal amount of approximately 1,800 dollars as an
element of the preservation financing plan.
The proposed project includes hard costs that equate to
approximately 189,000 per dwelling unit. And approximately
25% of the budget is attributable to soft costs in line
with industry standards for multi-family development.
Next slide please.
Through the Brainerd senior preservation LP holding entity
full circle communities is the developer of this Proposal
full circle communities is an Illinois not for-profit
corporation that was formed in 1999 and is headquartered in
Chicago.
full circle stated organizational organizational mission is
to expand access to quality affordable housing through
preservation and development thoughtful design and the
provision of significant and targeted Supportive Services
to their residents and the surrounding communities
in total full circle has an ownership interest in over
1,400 units and 3 states and self-manage their properties
through their affiliate full circle management full
circle's work in Chicago includes development of Brainerd
Park Apartments, a 36 unit supportive living facility
completed in 2018. That's on the same block as the subject
property.
Uh and was developed with a combination of resources from
the city of Chicago among other funding sources.
In 2021 full circle and partnership with Visionary
Ventures. NFP was conditionally awarded low-income housing
tax credits and other financial assistance from the city to
develop a 45 unit affordable multi-family project at 2907
West Irving Park and most recently full circle Acquired and
commenced Rehabilitation of South Park Plaza 137 units in 6
in the Bronzeville neighborhood in November 20203.
Next slide please.
If recommended to proceed by this community, this matter
would be slated for passage at the January 24 2024 meeting
of Chicago city council following passage the city and
other transaction parties will engage in all usual due
diligence and discussion necessary to close including the
required HUD review process in connection with the HUD
green retrofit financing.
Closing is is expected at some point in the second quarter
of 2024 and then and an approximately 12 month construction
period is expected, uh, in order to complete the
rehabilitation of the property.
Next slide please.
Recap the requested actions in the slide for your
consideration and I am joined by Mr. Sam cry and others
from Full Circle communities to answer any questions that
you may have. Thank you for your consideration of this
matter.
Thank you if there are any questions or comments. Bye.
Yes, thank you. Uh, can you tell me who are the principals
for Full Circle communities and brain or senior part
preservation?
Yes, I can um full circle Community communities is an
Illinois not for-profit Corporation. Its board of directors
is indicated, uh, in my presentation on the development
team slide, it consists of uh, individuals who are involved
in the affordable housing development industry in in this
region. Uh, the is that on do was that on 1st?
And I'm sorry for the formatting. I can't read that little
writing up there. Okay. Can I get a copy of that? Uh, I I
can see 1 name that I know I will uh provide that
information through the chair. Okay and Brainerd senior
preservation, uh, the ownership structure of Brainerd
senior is represented on the right hand side of this slot
right hand side of this slide, uh National Equity Fund,
which is a tax credit investment organization will be
99.99% uh, limited partner of this entity and that is uh a
necessary arrangement in order to um capitalize on tax
credits that are provided by Illinois Housing Development
Authority. Okay, who's in the brainer?
senior
preservation GP LLC
the uh, the sole member of brainer of the GP entity is full
circle communities Incorporated. Okay, you mentioned 6
units in Bronzeville.
Uh owned by whom correct full circle communities acquired a
6 building project consisting of approximately 137 units,
uh at a pro at 26th and come met, uh it there. It's 6
buildings distributed around that intersection, uh, they
completed the acquisition of that of that community in
November 2023.
Okay, and who would be the contact for that P for that
particular location? Uh, we the the best point of contact
would be the executive director and president of Full
Circle communities. Uh, Joshua wilmouth John who could you
uh, Joshua Wilma
Could you spell that last name? Sure w i l m o t h.
Okay.
uh
My last question is the 333.2 million dollars in new
financing. Where is that coming from? Do you you don't know
yet? Is it home funds? Uh Our intention is to source that
assistance through proceeds from the Chicago recovery plan
program, uh Bond issuances.
Thank you, Mr. Chair.
Thank you Mosley May. Uh may want to say a few words about
this item. I'll even mostly can you hear us?
I can thank you Mr. Chair. Thank you committee for
considering this today. Uh, this project has my support, uh
is it's something that started not just with my predecessor
was built under my pre predecessor, but started, uh before
his or with his predecessor, uh, the seniors. There are
really excited to have this renovation. They have been
anticipating and packing for months and um, we are looking
forward to moving this forward and having the forward
renovation there this really creates a dynamic place for
residents in the 21st Ward and the City of Chicago to live
of all mixed incomes, uh, considering the uh, apartment
units across the streets are there for families and uh even
have space for us to develop some more uh for our
populations that
Needs to be considered whether that's veterans, uh and
others. So thank you for your consideration. I ask for your
favorable approval.
Thank you very much, sir. Ottoman Mosley. I wish you were
in the room so we could be congratulating you on this
beautiful project in person. It's it is checking all the
boxes. It's touching all the bases sir. I I just wanted to
speak particularly to the to the decarbonization piece. We
talked about that as a moral as a climate issue. But in
terms of the energy costs for the building seeing that go
down seeing the operating costs reduced to Fantastic. It
was just doing some reading on heat pumps because we were
talking about moving the HVAC system to heat pumps. You
might think uh in Chicago. How's that going to work with
the weather we're having right now literally was reading
because I'm thinking about this from my own property. Even
when temperatures are below 0 degrees Fahrenheit. They are
twice as efficient as gas heat for your building. It's
going to work out so phenomenally, well, I'm just really
excited that we're talking about this and really excited to
To see affordable development, but also hopefully Market
development moving in this direction. Thank you. Thank you
cheer. Thank you. And we recommend the residents of the
21st word unless there's other any other questions. Can I
get a motion to recommend approval? I had my hand up, um
chairman, this is Adam and more. Oh my apologies in
Alabama. I want to go more. Go ahead. Yeah. Uh, I also want
to congratulate the um, automate the 21st Ward or the most
known on this project, but I have a question he um,
The uh gentlemen from dpd I forget who that was said
something about 1, uh ottoman dial asked about some of the
funding. He said it was going to uh expected to be coming
from the um arpa, uh money. Um, I I have a question about
that because um, I I think these are monies that are
applied for so if you expect have they been um awarded
already because I know we're waiting for an answer on some
award stuff and nothing has been announced. So if nothing
has been announced, how can we say that it's definitely
going to be because I got some housing and I'm not trying
to uh, definitely don't want to um discouraged and um, um
this project from 21 because it should happen. But um, if
announcement haven't been made, um on these projects as we
have some in 21, that's trying I mean at 17 that's trying
to be finished. How can you emphatically say that the upper
money is going to be used for that if these announcements
haven't been made.
Yeah, excuse me. Uh, this is Joseph Lewis from the city's
Department of Housing. Uh, thank you for the question
Alderman. Uh, I do want to correct the uh, the idea that it
is coming from arpa funds. Uh, it is the the source of
funds was the Chicago recovery plan program which consists
of bonds that the city issued to provide funds to support
projects such as this, uh,
And the city has made those those arrangements have been
placed for Porsche Chicago recovery plan. Um, you know, B
bond-funded transactions for I want to say a couple years
at this point. Um, what I think is, uh, uh, the question
initial question related to was uh, a potent potential, uh,
Bond issuance that could be forthcoming, uh with respect to
providing a source of funds that might ultimately replace
tax increment financing or just to be another Tool, uh, in
addition to tax increment financing that City could use to
support projects such as that. The alderman is right in
that in that instance. No such uh projects have been uh,
identified as utilizing those funds because those my
understanding is that you know, the the arrangements are
the legal arrangements to even uh act upon that uh have
have not been uh in place as of yet. Um, and and I'm sorry
for the Miss. Um,
Um statement you she did say CRP not up and I and I meant
to say that I'm sorry, okay.
Uh, but yes, the the the CRP, um has been an ongoing program
for the past couple of years. Uh, this is the first
instance where we are using, uh, a portion of the funds to
fund, uh, uh decarbonization pilot, uh project,
Okay. All right. I can't see who am I speaking to right
now?
Um, this is Joseph Lewis from the city's Department of
Housing. Okay. Thank you.
Thank you Tim. Thank you Alderman Moore. Um
Other other women play no no question. Um, so unless
there's any other questions, can I get a motion to
recommend approval of this item Alderman espara? Some moves
all those in favor? Say I
All those opposed in the eyes of the chair the eyes have
it. They do pass recommendation of this ordinance will be
reported out at the next council meeting on Wednesday,
January 24th, 2024. We commend and congratulate the
residents on the 21st world and the Department of Housing
on this important project. Um now we're going to move on
the next item item 3 is an aldermanic introduction 020230
041414 designation of 1868 through 1878 North Milwaukee
Avenue as low low affordability community in the 302nd
world. I'll demand wages back is present to testify on
behalf of this ordinance.
And I also want to recognize a few members Alderman
Robinson all the person Scott all the person Tavares and as
a no member Alderman wages back. Thank you chairman. Um,
good morning colleagues, uh,
This ordinance, uh is specific to 1868 to 18, uh 78 North
Milwaukee. And essentially it is a incentive for um
affordable rental housing to create and Preserve at this
location. Uh, but just to give you a little bit of
background there was uh, I think this was utilized in a
couple other Wards, uh, perhaps Alderman urban urban and
Bernett, um, but essentially in 2021 the Illinois General
Assembly passed amendments to the property tax code
allowing for a special assessment program, uh for property
tax incentives to create this affordable housing. Um Cook
County unlike all our other counties is expressly
prohibited from opting out of this program at the state
level and um, therefore, um, Cook County Assessor Fritz
kaegi, if he's if he has 1 of these special assessment
programs. He uh,
He would take a look at this and determine what those
special incentives would be and then uh, it requires the
city council in our case, uh, the housing committee to
pass, uh an ordinance. Um, that would allow for this
particular location to utilize those special and assessment
programs. So in this case, um, and I do have the developer
here and the uh the house the team to speak to and I
believe housing knows about this as well. But um Peerless
Development LLC at 1870 Milwaukee, uh intends to construct
this building with 44 units and I believe 9 of those would
be restricted households, uh for an annual income that
doesn't exceed the maximum income limits in the actual uh
state law.
so that um
Uh, excuse me the and I I believe it has to be for.
Uh, 20% of the multi-family unit building would have to be
below the maximum rents and I believe for a period of 30
years.
After the uh, residential property is developed So 20% at
30 years and uh, I would ask for the committee's favorable
passage of this item, but would be open to questions as
well.
um
any question from the um, C any members of the housing
committee?
and additional questions
I think it's pretty straight forward. So, um, can I get a
motion to recommend approval of this item?
To move all the other person mid. So those in favor say I
all those opposed say nay and the opinion of the chair. The
eyes have it the do pass recommendation for this ordinance
will be reported out at the next city council meeting on
Wednesday, January 24th 2024. Thank you chairman. Thanks
for holding off on that for me. Sorry. I was late. Not a
problem. Thank you.
Um, next item is item number 4 is 02023 d 0000000 5776 a
public way is an agreement with 3335 Lawndale Development
LLC to maintain an operate the drainage Swale in portion of
the city property at 3300 South gets the Avenue in the 22nd
World Kimberly, um worth in turn from the Department of
lead and facility management is present to testify of the
on behalf of this ordinance.
There's no way.
Are good morning chairman CJ Lopez and members of the
committee. Um as he stated, I'm Kimberly Worthington. I'm
Deputy Commissioner for the environmental health and safety
Bureau at the fleet and facility management department or
2fm. Um, I also have with me here today Arthur delinsky
from the Law Department if there are any questions,
Questions, uh, we appreciate the opportunity to provide the
testimony on this proposed ordinance.
Uh to authorize an easement agreement for the city-owned
property located at 3300 South Kedzie in the 22nd Ward.
Um, we can go the next slide.
the figure on the left shows the easement area
and then the aerial view on the right gives you an idea of
the industrial setting of The parcel and its adjacency to
the sanitary ship canal.
Uh the developer 3305 Lawndale LLC initially requested to
purchase this parcel from the city. However, the city
acquired 3300 South Ketty from the Metropolitan Water
Reclamation District or mwrd which included an operational
agreement as well as a right of revert or Clause this
Clause prohibits the city from selling the property to any
other entity than mwrd.
The US uh Department of Labor which currently holds a lease
to the property and the mwrd have both approved of this
proposed easement agreement.
Uh, the proposed agreement grants the developer a
non-exclusive permanent and Perpetual easement on through
and over 3,300 South Kedzie.
The easement is needed to allow the developer to operate
and maintain a drainage bio swell that directs storm water
from their private fleet storage yard to the Chicago
sanitary and ship canal.
Uh this slide on the left shows the landscape plan for the
drainage Swale and as well as uh, the private property
heavily vegetated bio Swale to the north of that.
And then on the right that's an aerial view of the
unimproved condition of the 3300 South kedzi. Um parcel.
along the river
So this drainage Swale is a sustainable solution for storm
water management that alleviate alleviates pressures on the
city's combined sewer system as well as minimizes water
contamination.
So the developer will pay the city 2008 thousand dollars
the appraised fair market value for use of the easement.
The agreement also requires the developer to pay the city
dollars now for any future costs incurred by the city due
to any failure of the developer related to this easement
agreement.
The easement agreement requires the developer to maintain
the area of the easement as well as their private fleet
storage yard in accordance with environmentally sound
practices.
some of the environmental benefits
We'll let them get to the next slide.
This is the best slide.
There we go. All right. So some of the environmental
benefits of the swell are that it avoids storm water
discharge to the sewer and it provides a natural habitat.
The agreement requires inspections and litter removal near
the river and provides funding for any needed cleanup.
The agreement also restricts the use of materials on the
easement and the private fleet storage yard, including a
ban on salt for deicing colar based sealants any petroleum
fueled maintenance equipment as well as fertilizers
herbicides pesticides and fungicides.
Uh, we appreciate your consideration of this matter. Um,
we're happy to answer questions, and we also have the
developer and the engineering and environmental team here
today for any of your questions. Thank you.
Thank you Kimberly. Is there any questions or comments?
Please raise your hand to be recognized.
Unless there's any questions can I get a motion to uh
recommend approval of this item?
So mobile ESP all those in favor say I
all those opposed say nay and depending of the chairs the
the chair of the eyes have it the do pass recommendation of
this ordinance will be reported out at the next city
council meeting on Wednesday, January 24th 2024. Thank you
Kimberly.
I item number 5 is 022023 06379 intergovernmental agreement
with the Chicago Housing Authority regarding accessibility
home modification program from the from the mayor's office
for people with disabilities is present to testify on
behalf of this order.
Thank you. Thank you, Thomas.
Good morning, uh chairman Co Lopez and members of the
committee. Uh, my name is Tom chesky. I'm Deputy
Commissioner of compliance at the mayor's office for people
with disabilities and I'm here to uh present a request. Uh
with me is uh, Cha's representative Jessica Millan who will
be presenting the final Slide the request before you
Is for a proposed ordinance?
That will authorize the commissioner of the mayor's office
for people with disabilities to execute and
intergovernmental agreement.
with the chah to provide accessible home modifications
to participants of Cha's housing Choice Voucher Program
This IGA is for Professional Services.
Under the home mod program at the mayor's office for people
with disabilities.
The agreement is between the city of Chicago acting through
the mayor's office for people with disabilities.
and the Chicago Housing Authority
through this IGA eligible participants of the cha hcv
program will be integrated into Mod's home mod program and
as a result, there will be an increased pool.
Of persons eligible for home modifications accessible home
modifications that benefit disabled residents within the
city.
Next slide please.
Some of the specifics of the agreement include the
following the cha selects qualified households and refers
them to the home mod program for accessible modifications.
for residential kitchens and bathrooms
and uh home entrances specifically Ada lifts or in some
cases ramps.
The cha will allocate $100,000 per year.
of its modification fund to the homemont program
and this would be the third IGA between cha and mopd.
for the purpose of providing home modification services
Next slide please.
Uh next 1, please.
This ordinance is very important for several reasons.
This existing agreement between the chn and among PD is
working very well to provide continued cost and operational
efficiency while serving residents living in their home
with a disability.
It will increase accessible housing options in the city of
Chicago, which is a shared goal of the disability
Community. Cha and mopd.
And it ensures that all people regardless of their ability
can live independently participating in all aspects of life
such as employment education and Recreation.
Finally, we believe that this um agreement and program will
continue to receive full support of the disability
Community within the city of Chicago with specifically
residents who are seeking to uh, live a full life in their
home and dependently,
Um, thank you for your consideration and I will turn over
the final slide, uh to Jessica Milan.
Good morning. Um as was stated previously, this is the
third IGA between cha and mopd. Our first 1 was only for 1
year. And that is why we did not have an IGA for 2 years
subsequently, um due to co we did see a drop in uh
modifications that were completed. However in 2022, we did
a uh, large marketing campaign for the mod fund and as you
can see in 2023, we uh increase the number of projects and
spending and we do have projects in the pipeline for next
year. Um, so that's uh, that's what our uh, the funding has
looked for look look like in
In the past and we look forward to working with moped in
the future.
Thank you. Uh, thank you very much. Uh, um, we will do any
um members have questions any questions on members.
Of the committee.
Sure, um, maybe 2 quick questions number 1. I I really
appreciate that we're doing
This work for for your seniors for individuals with
disabilities?
I I was curious and forgive me for not knowing this how
many years is the current uh proposed IGA for
the next term of the IGA will be for 5 years.
Okay, fantastic. I was kind of going to
Going to ask that given that this is the third like I'm I'm
glad that we're doing a longer term renewal. I was going to
ask because you talked about this.
Increasing the pool of eligible participants what bars?
Residents with housing Choice volunteers from
participating. Otherwise what necessitates the idea
Uh, thank you for your question Alderman. I think uh that it
is. Um,
Going to continue to be uh, the following process. Cha will
qualify eligible households based on their voucher program.
And if if that is the question, I think I would defer to
Jessica.
So this funding is specifically for housing Choice voucher
residents. So we when we refer residents to mopd, um and
their modification fund they then were are able to use our
pool of money rather than the existing pool of the other
modification that mopd a modification fund the mopd
administers.
So the funding and forgive me for going through all this so
I guess I'm just taking a a learning moment the funding
then is coming.
Mopd is facilitating the home modification, but the funding
is coming from the cha.
Yes Alderman, that's correct. It is a separate fund. This
is not corporate dollars, uh mopd has its own uh funding
source for its own program. This is basically, uh, mopd
acting as a Professional Services service provider for cha.
Got it. I really appreciate that. Thank you for the
clarity. Thank you. Thank you cheer. Thank you a little
Miss P. Um, I also want to just uh comment on the
importance of this program. I'm glad to see last year. We
um increased the amount.
Number of of units such a units, uh to access these funds
and um accessibility as well as affordability is always a
priority of the committee. So I want to commend for this
efforts and um, appreciate the support of the council
members, uh, all the person going to happen with
Thank you chair. Thank you for this presentation. Uh,
appreciate your questions Alder laspada. I was hoping to
get uh information about where those 9 UM projects are in
the city.
I'm just curious we have we do have a lot of um.
we
I'm just curious where where those uh projects are in the
city if you could provide that.
The chair. Yeah, and we can you can submit we can uh submit
that through the chair if you like. Thank you for a
question. We'll provide information through the chair.
Thank you. Thank you unless there's any other um,
Questions. Um, can I get um, can I get a motion to
recommend approval of this item?
Mumba all the myths. Um, all those in favor say I
All those opposing a independent of the chair the eyes have
it. They do pass recommendation of this ordinance will be
reported out at the next city council meeting on Wednesday,
January 24th 2024. Thank you 30 percenters.
Next item is item number 6 02023 D 0006385 sale obsidian
properties located at 4337 South Lake Park Avenue, 3435
West 23rd Street and 3109 East 92nd Street in the fourth
world 22nd Ward and 10th word respectively, uh, Megan
Gustafson from the Department of planning and development
is present to testify on behalf of this ordinance.
Thank you Max. Thank you.
Uh for the record, uh, my name is Meg gusten Department of
Planning and Development. I have 3 land dispositions here
before you um all or for for open space. Um,
This was advertised in febuary 2022, uh as part of the shy
block Builder platform, um, and eligible residents were um
required to be a resident of the neighborhood or next door
owner.
Have site plans budgets and uh programming for their
project the project if it was approved ha has to be um
built within 1 year from closing.
Um, and they must hold it, um for 5 years without selling
it for another purpose. Uh, my first um project is at 4337
South Lake Park Avenue. Um, we want to sell this to Shandra
Cooper. Um, she is the owner of the Mojo Museum the Muddy
Waters. Um,
The Muddy Waters Museum, which is the house directly next
door to the north.
Uh, the 10% of land value, um for open space is 75556 for
this site. Um, it was approved by plan Commission in
November and introduced to City Council in December.
Next slide please.
Uh and next slide again.
Um, this is an alderman Robinson's Ward. Um, and we have
his support, um on the left you see a location map. Um, and
on the right is a picture of the Muddy Waters house, which
is currently being rehabbed into the museum.
next slide
Uh here you can see the budget and um the landscape plans
for the garden.
I also have Chandra Cooper present if there's any um
specific questions for her.
Uh, her budget is approximately 1310.
Um
And she's eager to get going on the on the buildout once
her uh museum is also done. So that's currently underway.
She's received a adopt a landmark funds and um other grants
that concludes this pres presentation for this land sale.
Are there any questions any questions on on this project?
So unless there's any more questions, can I get a motion to
recommend approval of this item?
Oh, there's more.
I have 2 more sorry about that. Maybe we could take
questions. I was gonna approve 1 at a time.
Got it again.
Sorry about that. Um, okay, bye next project. Um is in the
um, 22nd Ward Alderman Rodriguez, um, and we have his full
support on this. Um, the neighborhood's been working on it
for a few years. Now. This is a land sale, uh proposed land
sale to neighbor space 3435 West 23rd Street. Um, it was
approved by plan Commission in um, a 101923. Um next slide,
please.
The um proposed sale price, uh of 10% of the land value is
1964.
Uh, this is the South Lawndale community area.
The um land will be we're proposing to sell it to neighbor
space. Um
neighbor space has been working with local Pastor Paco
Amador. Um, the community's been been programming the site
for um, a few years now, um, they want to do a community
process. Um, so their design is not completely flushed out.
Um, their total project costs are estimated at about
96,000, um, and they have submitted um a budget for that
and we we are confident that they can raise those funds.
And that is the last slide for this neighbor Space Project.
And then I have 1 more.
You want to go to the next slide, please?
Uh also been health and from neighbor space is present if
there's any questions at the end, um,
This last 1 is in um Alderman Chico's Ward. It is at 31009
East 92nd Street. Um, this is a proposed sale to the South
Chicago Mexican-American Social Club.
Um, this was approved by plan commission and CDC because
it's in a tiff. Um, the proposed sale price of 10% of the
value is 2,159.
Uh next slide, please.
The South Chicago Mexican-American Social Club owns the
building. Um
To actually I think you may have skipped a slide if we
could go back 1.
Oh, okay forward 1.
maybe 1 more
Great, um, they own the building, um with the mural on it
and um have been using the site plan to replace the fence.
Um and do some Landscaping in planters their total, um,
project costs and budget is about $14,000 or 15,000. Um,
And they are present here if you have any questions.
Thank you very much.
right now
any questions on the on end of the items, I'll do I'll do
them when I happen to work.
I just wanted to thank you for your presentation and
congratulate all the community groups that are going to be
benefiting from all of this great development. Thank you
for being here.
Thank you. Um, so then I can again there a motion to
recommend approval of these items.
all those in favor say I
all those opposed say name in the opinion of the chair. The
eyes have it the do pass recommendation of this ordinance
will be reported out at the next city council meeting on
Wednesday, January 24th 2024. Thank you so much. Thank you.
Uh item number 7 is 02023 D zero zero zero 6402 sale of
City on property is in the third 10th 28th 29th and 37th
awards for adjacent laborers and their chai block Builder
land sale program Taylor Thompson from the Department of
planning and development is present to testify on behalf of
this ordinance.
Thank you, David.
For the record, my name is Taylor Thompson. I'm
representing the department of planning and development for
the disposition of side yard properties received through
the shop block Builder platform located in the third 10th
28th, 29th and 37th Awards. The department has automatic
support from each respected ottoman next slide, please
this slide provides an overview of the side yard
dispositions eligible buyers were required to show proof of
owner occupancy and must own and reside in the home
directly adjacent to the city of life.
The sale price for qualified purchasers is 10% of the
appraised market value.
Shot block Builder side yards require Improvement within 6
months after they are improved applicants can use the
property for any use permitted by zoning another
consideration. Is that each qualified purchaser must solve
the property for 5 years next slide, please.
This slide includes the recommended properties within the
Third Ward with support from alderwoman pat down included
all the applicants property location existing conditions
and the zoning and agreed purchase price which represents
10% of the market value.
Next slide please.
This slide includes the recommended properties within the
tent award.
with support from ottoman Peter Chico
have the same existing conditions, um applicants
information and a great purchase price.
Um, this is fourth Slot 4 through 6, you can go to
War 28
this slide includes the recommended properties within the
28th Award with support from ottoman Jason Ervin.
Next slide next few slides, please.
Next slide please.
Same okay. This slide includes the recommended properties
within the 29th Ward with support from Ottoman and Chris.
Tell Aero.
And the last few slides are the recommended properties
within the 37th Awards was support from all the woman Emma
mitts in summary. The department of Planning and
Development has reviewed the proposed sale of the city
Parcels to qualify buyers in the third 10th 28th 29th and
37th Awards. The department reviewed its public benefits
and recommend approval of this project.
That concludes my presentation. Thank you.
Thank you. Uh, thank you Taylor, um there if there any
questions or comments, please raise your hand to be
recognized.
There's no uh question. Um, can I get a motion to recommend
approval of this item?
But I'll do 1 ms.
the move all those in favor say I
all those opposed and a in the opinion of the chair the
eyes have it.
um
The do pass recommendation of these orders will be reported
out at the next next city council meeting on Wednesday,
January 24th, 2024.
Item number 8 is 02023 D 0000063 94 negotiated sale of City
owned property at at 1946 and 1948 West 63rd Street to
reinoso isolation LSC or Redevelopment as open space and
parking lot for adjacent commercial space in the 16th word.
Tyler Thompson from the Department of planning and
development is present to testify on behalf of these
orders.
For the record, my name is Taylor Thompson representative
Department of planning and development for the disposition
of property located in the 16th. Ward. This project is the
proposed market rate sale of 1946 and 1948 West 63rd Street
to know some insulation War inquiring the 2 City lots for
commercial parking and vehicle access.
The 2 City Parcels are located in West Englewood with
support of Stephanie Coleman.
Next slide please.
This slide provides an overview of the land sale project
the purchases right now. So insulation whose principles are
Sylvia herado and Jose Reynoso, they own and operate the
adjacent REO insulation business, which is a growing Latino
insulation company located at 1940 West 63rd Street
providing various types of residential and Commercial
installation services to Residents and business owners
within the city of Chicago the updated Market valuation of
the 2 City Lots is 27,000, which is the agreed purchase
price. The current zoning of the properties is RS Dash rs-3
with a proposed change to C2 special use for commercial
Fleet storage the applicant completed environmental Phase 1
and Phase 2 study and has ai's clearance for sale with no
environmental conditions next slide, please.
Right now right now. So installation is a growing Latino
business mentioned previously this slide that lists the
installation services, they provide serving the serving the
residents of Inglewood as well as the city of Chicago.
Next slide please.
This slide shows the location of the 2 properties within
West Englewood along 63rd Street. Just east of Damon a
The above parcel map identifies the 2 City Parcels outlined
in red and the applicants property outlined in yellow.
The aerial map shows the location of the property and where
the proposed parking lot will be developed.
The slide is the Google Street View which shows the 2 City
lots and the applicants commercial property to the east.
Uh, the next few slides is their proposed site plan. The
architect of record is 606 design and construction planned
improvements include 7 parking spaces 4500 square feet of
new pavement and Landscaping improvements that meet Chicago
landscape ordinance requirements.
this slide identifies plants
plant planting details that masonry trash enclosure plan
and Landscaping notes.
In the next few slides are truck turn the radio ad to
ensure that commercial trucks could in turn and exit via
63rd Street.
This slash shows the building use of the adjacent property
the shaded areas identified material storage General use
and Office Space.
And then 16 photo for contacts assistant conditions.
In summary, the department of Planning and Development has
thoroughly reviewed the proposal of the 2 cell the cell of
the 2 City properties. Excuse me located at 1946 and 1948
West 63rd Street to Reno installation Inc.
The department has reviewed its public benefits and
recommend approval of this project that includes some
presentation. Thank you.
Thank you. Uh Mr. Thompson. Is there any questions or
comments? Please raise your hand be recognized.
as any questions
So again, like voting in favor not blocking concern.
I'm curious why why the curb cut through the front rather
than Through the Alley I it does not directly pertain to
the self the land but I'm I'm just curious if there's a
thought on why routing the traffic through
The front on 63rd Street, I I believe you have a bus line
on 63rd there as well. Yes, that's correct. Um and they do
have a um Ali access letter from Ottawa woman Coleman. Um,
I believe these just to avoid the residential areas in the
rear on Winchester in their commercial Fleet storage. Um,
the commercial trucks could be an issue. Um,
But they do have an alley access letter if they can't go
through the alley but they trucks can't fit. It was just a
zoning issue that we met with uh, the zoning admin to
ensure that the trucks can enter and exit the 63rd Street
and that was an existing curb cut. I believe on the uh,
63rd Street. Okay Curious by uh, I won't find more
appreciate the response. Thank you, sir. Thank you, sir.
Thank you. Um not being further questions. Can I get a
motion to approve recommend approval of this item?
So move Alderman man that happened with
all those in favor. I
All those opposed same name independent of the chair the
eyes have it the do pass recommendation of these orders
will be reported out at the next city council meeting on
Wednesday, January 24th. 2024. Next item is on item number
9 and thank you Mr. Thompson, uh is 0202300 6396 negotiate
a sale of City owned property at 2151 West Adams Street
sustainability sustainability build LLC 2149 to consolidate
with adjacent property for construction of a 3 story multi
family building in the 27th word earnest Bellamy from the
Department of Department of planning and development is
present to testify on behalf of this ordinance.
Thank you Ernest.
Thank you.
Good morning, chairman citro Lopez and members of the
committee.
For the record, my name is Ernest Bellamy with the
Department of planning and development.
As mentioned today, I bring forward a proposal for a land
disposition at 2151 West Adams.
Next page the address range consists of 1 parcel for
disposition. Um parcel number to be concise to parcel
number is on the above screen the sum total of this square
footage of the parcel is uh, 2,500 square feet.
Uh, it is located within the 27th Ward Alderman Walter
Burnett Junior and the near West Side Community area.
The parcel is also located within the central West Tiff.
The developer sustainability 2149 LLC, uh who started to
engage the department in December 2021 with their interests
in creating a multi-unit residential Condo building.
uh total development costs is 1. 7 m i l l i o n
For this disposition Alderman Bernett has issued a a letter
of support, uh for the project.
next slide
The parcels, uh, the parcel is located, uh within the
Northwest portion of the near Westside Community area, uh,
just under a quarter mile west of Damen Avenue.
It rests in a predominantly residential, uh, immediate
Urban fabric next slide.
and closer context
the parcel is within the city blocks south of West Adams
Street in between South Leavitt Street and South ham,
Hamilton Avenue.
next slide
as represented by the context images on the screen the site
is located in a predominantly residential portion of the
near west side in the immediate block. There is a diverse
mix of housing types con constituted of single family homes
town houses as well as 3 and 6 flat units.
running West Adams Street
The 2500 square foot vacant parcel is an undersized lot
which is adjacent to another undersized privately owned
parcel, which is owned by the applicant.
Overall the developer will combine the 2 Parcels for their
proposed development.
The proposed development is represented in the following
elevations.
In line with the arm 5 zoning, the applicant is proposing to
build a 3-story 6-unit marker rate development with 4
parking units in a rear garage.
back 1
Ford 1
thank you. Um
At 42, sorry.
I apologize.
the other direction
well overall, uh, the proposed development will fit within
the surrounding context of the 2100 of block of West Adams
Street.
Uh, there was a uh,
context slide which shows how the elevation fits within it.
Uh, but my apologies for its exclusion, uh in conclusion,
the applicant has uh, complied with all required reviews
and it is in agreement with the uh, agreed upon sales price
for this disposition.
At this time. I'm happy to answer any questions you may you
may have.
Are there any questions by Committee Member I'll MS.
Where is the um parking how many parking spaces?
Yes, it is. Uh 4 parking spaces that would be in the rear.
Um for this presentation. I I've excluded a um site plan,
but it is in a rear parking garage, which is off the alley
Okay, thank you. Thank you. Any further questions. I'll do
1 thank you chair. What what's the assessed value of the
property? Just curious 8,000 directly at the details. So 1
for 1 marketing based off of it being.
Market rate that none of the units are going to be income
limited or in the housing land trust for the city, uh,
correct, um the size of the the property. Um,
Um, um, well the size of the development, uh, it's 6 units
in total.
Uh, so it's it's just under the the threshold the trigger,
um having
Uh affordable units. Okay, just curious. Thank you, sir.
Thank you chair. Thank you. Miss. Para. Um not being any
other questions. Can I get a motion to recommend approval
of this item?
um, the mobile meets all those in favor say I
All those opposed say name in their eyes of the chair. The
eyes have it the do pass recommendation of this ordinance
will be reported out at the next city council meeting on
Wednesday during the 24th 2024. Um, do we have our last
item for today?
Uh, you should have received, uh The Substitute by email as
well these uh, there was a a previously listed sale price
on this item that now will be the same as the price of
price of 1. 3 7 m i l l i o n. Uh, you should have received
all a digital copy by email. Uh, this is item 10 02 0 06330
A9 negotiated sale of the city on properties with
Redevelopment agreement to milhaus development LC or
472747354739. 474347554757 and 4759 South Cottage Grove
Avenue to remediate property and construct 3 story building
with a ground floor food call and 2 floors of commercial
retail and restaurant space in the fourth world. Um
We have Justin, um, uh Peterson from the Department of
planning, but can I get a motion first to accept and
consider the substitute ordinance in front of you?
So move all the all the women meets all those in favor. Say
I
all those opposed say name in the eyes of the chair the
eyes have it. So now we have Justin Peterson from the
Department of planning and development in 2% on behalf of
these ordinance.
Good morning, chairman, uh members of the committee for the
record. My name is London Walter and I'm a city planner
with the Southeast region of the Department of planning. I
will be filling in for Justin. Uh today as he's out.
Um, I'm here today on behalf of dpd to present a proposed
market rate land sale for 7 City owned Parcels at 472724759
South Cottage Grove and to recommend the bronze growth the
growth Bronzeville LLC as the developer of the site.
and I want to reiterate um that the sale price of this
property is the same as the most recent appraised value of
1. 3 7 m i l l i o n
next slide
Uh, the proposed project is located at 48th and South
Cottage Grove Avenue in the Kenwood community area.
The 43rd and Cottage Grove Redevelopment area and the
fourth ward as represented by Alderman Lamont Robinson.
the project originated in 2022 under Alderman Sophia King,
but it's
Louder, okay. Sorry about that y'all.
Uh the project originated in 2022 under Alderman Sophia
King, but is also supported by Alderman Robinson.
Uh next slide or excuse me, stay on this side. Go back to
the last slide.
Um a zoning map Amendment from RM D5 to B3 D3 was approved
by City Council on October 23rd. 2022 The Grove
Bronzeville. LLC is proposing to build a 4 0. 6 m i l l i o
n 3-story commercial retail building with a ground level
Food Hall and gallery with commercial tenant and
restaurants spaces above.
The parcels are valued at a total of 1,377.
Um, The Grove Bronzeville LC has a agreed to pay the market
price for the land and to place the funds in to an
environmental escrow account that will be available to draw
down from AIS approved remediation costs.
If approved reimbursement costs do not exceed the purchase
price. The remainder will stay with the city The Grove
Bronzeville LC will be responsible for any remediation
costs Beyond those approved by a AIS or above the purchase
price.
The Grove Bronzeville, LLC is seeking both public and
private financing for this project city council passage of
the land sale will facilitate these efforts by providing
greater security for lenders now in the next slide
The girl Bronzeville LLC is a joint venture between
Milhouse development LC and sizigi cities LLC Milhouse
Development. LLC is part of a collection of companies under
the Milhouse engineering at construction. Umbrella.
Milhouse engineering and construction is a Chicago based
firm founded in 2001 with a national and international
presence of and over with over 300 professional employees.
Milhouse has been named 1 of Chicago's best companies to
work for 415 years. They will also be general contractor
for this project.
Siza g l cities LLC is a team of real estate and program
developers that will that works to align government
initiatives business objectives and Community needs SG
cities has partnered on invest Southwest projects like
Gallery 89 in South Chicago and proposals and Humble Park,
Austin and Bronzeville.
The Grove Bronzeville, LLC has retained Cru Sexton Partners
as their design architect 40 48th and Cottage Grove site.
KSP was founded in Chicago in 1981.
The Firm has completed several high-profile commercial and
Civic projects in Chicago and across the country including
the spertus institute for Jewish learning and Leadership on
Michigan Avenue and Chicago Children's Museum at Navy Pier.
next slide
the project site is located at 40th in South Cottage Grove.
Um, the Northwestern outpatient facility is currently under
construction across, uh the corner from the site south of
48th Street.
The Grove site is also located adjacent to the Bronzeville
invest southwest corner as shown in yellow on this slide,
which will be the focus of C dot Street. CA streetscape
improvements starting this year.
next slide
so this is an ear aerial view of the project site look
looking Northwest as mentioned Northwestern University is
currently building a a 1 3 0 m i l l i o n dollar, uh,
120,000 square foot facility to the immediate Southwest
Northwestern has also entered into a lease agreement with
the city to use the proposed growth site for construction
or parking currently.
All parties have agreed that this Arrangement will last
will know last no longer than 18 months while the ground
the Bronze Grove The Grove Bronzeville LC Secours financing
and necessary documentation for closing on the land sale.
together these projects will have a transformative impact
on Cottage Grove and will help repairing a gap between
the Bronzeville and Kenwood communities with a new center
of activity next slide.
This site, uh illustrates the current vacant and unimproved
conditions of the site, uh, Phase 1 and uh, Phase 2
environmental reports revealed previous automobile related
uses and the potential for underground storage tanks as
such, uh, The Grove Bronzeville LLC has a agreed to an
environmental escrow account to support AAS approved
remediation costs.
next slide
this slide illustrates conceptual floor plans for the
project the ground floor will include a food Hall back of
house space loading and trash facilities and 13 accessory
parking spaces located off the alley
the second floor will include Gallery space a large tent uh
with for a large tenant spaces The Grove Bronzeville LC has
received letters of intent from several tenants including
the house of attention in Ft. Gallery the bmda coffee
company and Grill my home nurses LLC and the L3 Consulting
agency, the third floor will uh, include additional food
and beverage space as well as 2 outdoor Terraces.
next slide
this slide illustrates the primary building elevations on
South Cottage Grove and East 47th Place.
The building's exterior will be comprised primarily of
glass metal sun sun shades and metal panels.
The building will be approximately 45 ft tall with an
additional solar screen reaching approximately 60 feet.
next slide
these are rendered views of the projects as indicated the
ground floor, uh looks Food Hall will include an operable
facade that allows for dining space to open to the sidewalk
and enhance the public Realm.
The building structure will be Mass Timber creating a warm
inviting interior for commercial and Retail tenants and
patrons alike.
next slide
Uh, this project does not require is not required to
achieve, uh, sustainability targets set by dpd since it is
not a plan development does not include involve housing and
is not received. Uh any Tif funding
However, we drove Bronzeville llc's to targeting a 2 green
Globes rating which will put them on a path to 100 points
on the dpd sustainability matrix by exceeding the energy
code and providing on-site renewable energy, exceeding the
storm water ordinance planting trees and providing bike
parking and EV charging stations like slide.
apartment
The Grove Bronzeville LLC intends to finance their project
with approximately 21% equity.
49% and private financing and a balance of public financing
the development team has applied for the Chicago recovery
Grant a multi-round competitive award process while they
have not yet been awarded. The team is working to improve
their application for the next funding Round The Grove team
also has a letter of intent from state representative Kam
Buckner to help close their Gap the development team
believes that passage of the land sale ordinance will
facilitate both their private and public financing efforts
by providing greater security to lenders, which will
improve the city and State's ability to help fill their
think Gap.
As such dpd has agreed to a Redevelopment agreement that
allows for an extended closing period of 18 months to both
secure financing and allow Northwestern to finish their
lease term.
next slide
the department of Planning and Development has thoroughly
reviewed the proposed project and determined that the
development benefits will include bringing more than 4 0 m
i l l i o n dollars of investment to historically divested
community.
Redeveloping City 7 vacant city-owned parcels and returning
them to the tax roll creating an estimated 280 construction
jobs creating an estimated 20 part-time jobs and 180
restaurant and Commercial employment opportunities.
And creating a pedestrian-oriented development providing a
centrally located Hub of restaurant and retail activity on
a major bus corridor.
As such dpd recommends the broad The Grove Bronzeville LLC
as the developer of these 7 city-owned pens at 4727 to 4759
South Cottage Grove Avenue City staff and members of
development team are available now to answer any questions.
Thank you.
Thank you so much. Alvin Robinson. I'm sure if you want to
say a few words as soon as I got a great project.
um for contacts and
Thank you, uh chairman let me first thank um, the
department of planning, uh for their hard work on this
project. Uh, let me also uh, thank um, the Milhouse group,
um for uh, bringing this project to the fourth ward, I know
that um, they have been working diligently, uh to bring uh
this project to fruition and uh the project uh as
mentioned, um has my support. Uh, thank you for the
opportunity.
Thank you, Alvin.
Um any other questions by committee members?
great to see you know the investment coming to um to the
fourth word and um, um,
if no further questions are here would like to um, ask for
a motion to recommend approval of this item. So move
Alderman Alderman worth all those in favor. Say I
all those opposed say nay independent of the chairs the
eyes have it the do pass recommendation of this substitute
ordinance will be reported out at the next city council
meeting on Wednesday 2024 2024
the being no further business before the committee. Can I
get a motion to recommend approval to adjourn?
mobile app and worth all those in favor say I
all those opposed independence of the chair that I have it
the meeting of the committee on housing real estate is
officially adjourned. Thank you all for coming. Have a
wonderful day.