Chicago City Council approves loans for Woodlawn Station on the South Side

The City of Chicago has approved the “Woodlawn Station” retail and residential complex planned for the northeast corner of 63d Street and Cottage Grove Avenue near the CTA’s Green Line. The building will include 55 apartments and 15,600 square feet of commercial space. The project also includes two buildings with a total of 15 units at 6408 and 6432 S. Maryland Ave. To be developed by Preservation of Affordable Housing Inc. (POAH), the project is the latest phase in the redevelopment of the former Grove Parc public housing complex. Fifty-five of the apartments will be made available to residents earning up to 60 percent of area median income and 15 will be rented at market rates. read more