Join us in welcoming speakers, who will present on current projects, opportunities and more! Guests will have a chance to ask questions to each speaker during the meeting.
We will have limited attendance (max 50 capacity on a first come, first served basis) Proof of vaccination is required to attend. We are offering virtual attendance for 50% off our regular in-person pricing.
1203 N. California Avenue Family Apartments – 4Pct & 9Pct Background
What: New construction single building, 9-story mixed use, affordable rental, 64 residential units, 2,321 s.f. retail (cold dark shell with a T.I. budget), post-tensioned concrete superstructure on caissons, financing from City of Chicago, Illinois Housing Development Authority, private debt, and investment in the Low Income Housing Tax Credits awarded to the “twinned” 4 percent and 9 percent owners. Base building approximately $25 million. MEP and FP by design/build subcontractors. Where: 1201 N. California Avenue, Chicago, IL 60622 - 26th Ward When: Estimated start of construction in June 2022 Why: M/W/DBE goals set by the City and IHDA, City-imposed residency goal, and Ward residency to be determined. Developer emphasis on workforce training, e.g., YouthBuild.
Speakers:
Hispanic Housing Development Corporation (Developer and property manager) Paul Roldan, President; Stephen M. Porras, Vice President
Path Construction Company (General Contractor) Richard Krause, President & CEO
