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Chicago Council Greenlights 64-Unit Supportive Housing and 14-Building Residential Project

Chicago City Council approved a package of development measures including a 64-unit supportive housing project and the $500M first phase of the 1901 Project.

By Colin Percy · May 26, 2026

The Chicago City Council has greenlit several significant housing and development initiatives. Among these is a 64-unit affordable housing development at 3959 N. Lincoln Ave. designed for survivors of gender-based violence. The project, which utilizes $11.5 million in city financing alongside tax credits and vouchers, involves the adaptive reuse of a former Fifth Third Bank building and a new addition. Additionally, the Council approved a City Lots for Working Families initiative, authorizing the sale of 14 city-owned lots to Sunshine Management for the construction of residential two- and three-flat buildings.

The city also cleared major commercial and historic projects, most notably a $500 million, 12.3-acre mixed-use development known as the 1901 Project near the United Center. The first phase of this site will feature a 6,000-seat music hall, hotel, retail, and parking. Other approved actions include $132.4 million in renovations and residential conversions for the 44-story office building at 30 N. LaSalle St., a $12.8 million expansion for the South Side Community Art Center, and landmark designations for several historic structures, including St. Paul Christian Methodist Episcopal Church and portions of the DePaul University campus.

Companies mentioned

developer

Sunshine Management

other

Illinois Housing Development Authority

owner

DePaul University

other

Chicago Housing Authority

other

Chicago Department of Housing

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