Habitat, along with Chicago Mayor Brandon Johnson, local and federal officials, project partners and current residents gathered to commemorate two significant milestones at OC Living in the North Lawndale neighborhood. The community is part of the larger $200 million Ogden Commons mixed-use project.
The event marked the grand opening of OC Living’s first residential building and also celebrated the groundbreaking for Phase A2, which will be their second residential building. The city has pledged a $9 million investment towards this upcoming phase and 23% of total development costs are being covered by Chicago TIF funds.
Located at 1325 S. Washtenaw Ave., OC Living’s four-story building offers apartments just steps away from Ogden Commons’ 45,000-square-foot commercial space. Developed by Habitat in partnership with Sinai Chicago , Alecko Capital , and the city of Chicago, Ogden Commons is one of the largest opportunity zone projects in the city. McHugh Construction and Bowa Construction are serving as general contractors while Bank of America is among other key partners involved in this development.
This milestone celebration was reported on Connect CRE .
