HAIRPIN LOFTS COMMERCIAL
Historic rehabilitation of approximately 6,957 net rentable square feet of ground-floor retail space and approximately 7,917 net rentable square feet of second-floor community arts center space, plus two rooftop cellular transmission towers and ancillary new construction, all as part of larger rehabilitation/conversion of the landmark Sachs Building into a mixed-use property.
PROJECT TYPE: | Commercial Property;
Restored Landmark;
New Markets Asset
|
DEVELOPER: | Brinshore Development, LLC |
GENERAL CONTRACTOR: | McShane Construction Corporation |
ARCHITECT: |
Hartshorne Plunkard, Ltd.
|
INVESTOR FUNDS: |
ComReinvest V LLC
|
PROJECT OWNER: |
Hairpin Retail, LLC
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ADDRESS: |
2800-12 North Milwaukee Avenue
3400-16 West Diversey Avenue
Chicago, Illinois
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NEIGHBORHOOD: |
Avondale
Located in a Moderate-Income census tract
(Low-Income for NMTC purposes)
(at time of initial investment)
|
NUMBER OF BUILDINGS: | 1 |
TENANTS: |
Payless Shoe Source-1st floor 4,217 sq. ft.
Unit 2, TBD-1st Floor 884 sq. ft.
Unit 3, TBD-1st Floor 1,251 sq. ft.
Unit 4, TBD-1st Floor 605 sq. ft.
Logan Square Arts Center-2nd Floor 7,917 sq. ft.
US Cellular - Roof
TMobile - Roof
|
TOTAL COST: | $3,271,547 |
CRF CAPITAL
(net to project):
| $995,000 |
For more information please visit: www.brinshore.com