508 Pershing at Oakwood Shores, a 53-unit mixed-used, mixed-income rental community in Chicago’s Bronzeville neighborhood, has announced the start of construction.
The four-story building, designed by Nia Architects in collaboration with Antunovich Associates, will be clad in red brick, fiber cement, and metal panel facade. The building structure will consist of a traditional steel and precast podium for the ground level, with three stories of cold-formed panelized steel stud bearing walls and floor joists. An adjacent surface lot will provide 42 parking spaces for building residents and retail customers.
508 Pershing will feature 50 one-bedroom and three two-bedroom units, 7,000-sf of amenity space, 3,500-sf of street-level retail, and management offices. Thirty-six of the project’s 53 units will be Low Income Housing Tax Credit units for households earning up to 80% of the Area Median Income. The remaining 17 units will be market-rate.
Apartment units will feature in-unit laundry, a dishwasher, plank flooring, and extra storage. Amenities such as a resident lounge, meeting rooms, a fitness center, a top-floor lounge, bike storage, and a dog wash will also be included.
The project is slated for completion in February 2022.
Related Stories
| Feb 13, 2014
Related Companies, LargaVista partner to develop mixed-use tower in SoHo
The site is located at the gateway to the booming SoHo retail market, where Class A office space is scarce yet highly in demand.
| Feb 5, 2014
Extreme conversion: Atlanta turns high-rise office building into high school
Formerly occupied by IBM, the 11-story Lakeside building is the new home for North Atlanta High School.
| Jan 29, 2014
Notre Dame to expand football stadium in largest project in school history
The $400 million Campus Crossroads Project will add more than 750,000 sf of academic, student life, and athletic space in three new buildings attached to the school's iconic football stadium.
| Jun 4, 2013
SOM research project examines viability of timber-framed skyscraper
In a report released today, Skidmore, Owings & Merrill discussed the results of the Timber Tower Research Project: an examination of whether a viable 400-ft, 42-story building could be created with timber framing. The structural type could reduce the carbon footprint of tall buildings by up to 75%.
| Apr 30, 2013
First look: North America's tallest wooden building
The Wood Innovation Design Center (WIDC), Prince George, British Columbia, will exhibit wood as a sustainable building material widely availablearound the globe, and aims to improve the local lumber economy while standing as a testament to new construction possibilities.
| Mar 3, 2013
Hines acquires Archstone's interest in $700 million CityCenterDC project
The Washington D.C. office of Hines, the international real estate firm, announced the acquisition of the ownership interest of their partner, Archstone, in the mixed-use CityCenterDC project that is currently under construction in downtown Washington, D.C.
| Feb 17, 2013
Pakistan to get world's tallest tower in $45 billion deal
Newly signed mega deal will fund construction of several massive developments in Karachi, including a mixed-use tower that will dwarf the Burj Khalifa.
| Jul 12, 2012
EE&K and Knutson Construction selected for the Interchange in Minneapolis
Design-build contract for $79.3 million transportation hub will connect transit with culture.
| Jul 2, 2012
Bernards building mixed-use project in Beverly Hills
The project includes 88 luxury apartment homes atop a 14,000-sf Trader Joe’s market and a new coffee shop.