Roosevelt Square
Location: UIC / Taylor Street area, between Cabrini Street to the north, 15th Street to the south, Ashland Avenue to the west, Racine and Blue Island Avenues to the east, Chicago
Completion Date:
Fall 2006 (Phase I)
2012 (Phase II-VI)
Duration:
24 months
6 years
Value:
$93 million (Phase I)
$750 million total
Developers: Related Midwest, Quest Development Group, Heartland Housing, Inc.
Partners: McHugh Construction, Marous Brothers Construction
Project Scope / Description:
Roosevelt Square is part of the Chicago Housing Authority’s Plan for Transformation to replace high-rise public-housing complexes with mixed-income communities. The development will comprise 2,441 affordable and market-rate condominiums, town homes and rental units. Quest Development broke ground on the first phase (229 units) in spring 2004 and will complete the entire development over the course of six years. The new community will have several building types including mixed-use, stand-alone retail, single-family town homes, three-, six- and nine-flats and several multi-unit condominium mid-rise elevator buildings.
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