BRONZEVILLE LOFTS

Rehab and conversion of a vacant industrial building into 42 duplex condominium units, 23 indoor/48 outdoor parking spaces, and 9,400 sq. ft. of ground floor retail

PROJECT TYPE:

For-Sale Housing

DEVELOPER:

Meyers Development Corporation

GENERAL CONTRACTOR:

Burling Builders, Inc.

ARCHITECT:

Triad Consortium, Ltd.

INVESTOR FUNDS:

Community Reinvestment Fund 1997 and 2000 L.P.s

PROJECT OWNER:

50 East 26th Street – MDC Limited Partnership

ADDRESS:

50 East 26th Street, Chicago, Illinois

NEIGHBORHOOD:

Douglas
Located in Very Low-Income census tract (at time of initial investment)

NUMBER OF BUILDINGS:

1

TOTAL NUMBER OF RESIDENTIAL UNITS:

42

UNIT TYPES:

34-2 Bedroom 2 Bath Duplex
6-3 Bedroom 2 Bath Duplex
2-3 Bedroom 2 Bath Triplex (penthouse)

TOTAL COST:

$9,203,473

CRF CAPITAL
(net to project):

$1,168,000