CHICAGO-A 5.7-acre trucking distribution center in Brighton Park will be redeveloped with 140 townhouses and 96 condominiums. Dubin Residential’s $60-million planned development, which is likely to be completed in 2008, was endorsed Thursday by the plan commission.

Construction of the 236-unit project at 3600-36 S. Western Ave., near a Chicago Transit Authority Orange Line stop, could begin next spring, president and chief executive officer David Dubin tells GlobeSt.com. “This is a site that’s been cited for illegal dumping and has become an eyesore of sorts,” says 12th Ward Alderman George Cardenas. “[Western Avenue] is a great avenue that’s been neglected for some time. We’ve got to take a look at obsolete buildings and do something with them.”

Dubin Residential will replace two buildings totaling 12,000 sf with one- and two-bedroom condominiums, priced from $170,000 to the low $200,000 range, in three five-story buildings facing Western Avenue. The prolific multifamily developer is offering 36 condominiums to buyers qualifying under the city’s affordable housing initiative. The two- and three-bedroom townhouses, likely to sell for $250,000 to $300,000, will be arranged in seven clusters.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.