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.
Designed by UrbanWorks, the Trianon Lofts broke ground in July of 2016. The transit-oriented building is named after the ornate Rapp & Rapp-designed Trianon Ballroom which was demolished nearby in 1967. A daycare operator has signed on to occupy the new structure’s 7,000 square foot ground floor retail space.
We cut the ribbon on POAH’s new development in #Woodlawn #Chicago, Trianon Lofts, today - and it looks amazing! pic.twitter.com/oFxf1zaEhT— POAH (@POAHCommunities) November 7, 2017
Trianon Lofts is now open in #Woodlawn—the first market-rate housing in 40 years—representing the latest step in Woodlawn's rebirth! pic.twitter.com/ekAW0b1LSt— Mayor Rahm Emanuel (@ChicagosMayor) November 7, 2017
- New mixed-income, mixed-use development on its way to Woodlawn [Curbed Chicago]
- Woodlawn community development sparks talk of renewal [Curbed Chicago]
- Previous Woodlawn coverage [Curbed Chicago]