By Jay Koziarz, Curbed Chicago
With the Obama Presidential Library, a revamped ‘L’ stop, and a new Jewel-Osco grocery store all in the works, the South Side neighborhood of Woodlawn appears to be on the cusp of a renaissance. The community celebrated an important milestone yesterday with the official opening of the new Trianon Lofts at the corner of 61st Street and Cottage Grove.
While the four-story, 24-unit rental building isn’t physically massive, its 50 percent ratio of market-rate housing units is significant. It represents the highest concentration of new market-rate units in Woodlawn in more than four decades, says developer Preservation of Affordable Housing (POAH). The remaining apartments will be marketed as affordable-rate rentals.