The Community Development Commission has approved the sale of city-owned land for a mixed-use development at 9200 S. Burley. Planned by Interfaith Housing Development Corporation and Claretian Associates, the project site is at the southwest corner of E. 92nd St and S. Burley Ave. The property currently consists of a long-vacant parcel along S. Burley Ave and two heavily deteriorated buildings along E. 92nd St which will be demolished. The site is currently a mix of 7 city-owned plots and five owned by the Cook County Land Bank.
9200 S BurleyLandon Bone Baker Architects
With Landon Bone Baker Architects engaged as architect, the project plans to produce a five-storey mixed-use building. Expected to offer 81 affordable housing units, the building will be divided into 15 studios, 11 one-bed, 21 two-bed, 25 three-bed and 9 four-bedroom apartments. 17 of the units will be targeted at 30% AMI, 48 will be priced at 50% AMI, and the last 16 will be marketed at 60% AMI.
Rising 80 feet, the building’s design mirrors the L-shaped site, implementing an L-shaped plan that maintains the property line and features subtle variation in setbacks. The facade will be clad primarily in brick with fiber cement panel accents. Textured brick accents will add depth and texture.
9200 S BurleyLandon Bone Baker Architects
On the ground floor facade. Parking for 44 cars will occupy the southern end of the site, with an outdoor terrace for residents, a playground and a multi-sports court located at the rear of the building. 54 bicycle parking spaces will be provided at various locations on the site.
Totaling $40 million, the project will seek funding from multiple sources. From the city, the developers are seeking $5 million in TIF funding, $5 million in DOH soft funds, $1.9 million as 4% LIHTC, and land parcel depreciation at $1 per lot. Developers will fill the remaining void with state funding, mortgage financing and various grants.
9200 S BurleyLandon Bone Baker Architects
The project has recently gone through a series of approvals, including the Chicago Plan Commission, Zoning Committee and City Council. With the approval of the Community Development Commission, project funding will be submitted to City Council for a final vote of approval. A construction schedule is currently unknown.