United States Real Estate Investor

Chicago Selects Two Ashland/63rd Mixed-Use Projects Advancing a long-vacant stretch beside the CTA Green Line’s Ashland/63rd terminus, Chicago has selected two mixed-use proposals for city-owned parcels at 1515 W. 63rd Street and 1607 W. 63rd Street in West Englewood. The adjacent half-acre sites sit directly beside the station, reinforcing transit integration as a central planning principle. Similar urban redevelopment efforts increasingly pair transit access with affordable housing goals to strengthen long-term neighborhood stability. Both parcels had remained vacant, including land assembled from older city holdings and a 2025 Hilco auction acquisition. The projects align with the area’s redevelopment goals to encourage private infill development on underutilized land. Design and Selection Pressure The chosen concept features two four-story buildings that mirror each other with triangular forms and rounded corners along 63rd Street. Its design aesthetics emphasize an active street...

What BART Housing Is Planned in Berkeley? In Berkeley, BART's North Berkeley transit-oriented development plan calls for 739 new homes across 13 mixed-use buildings. Residential structures would rise from three to eight stories. The project would create a new mixed-use neighborhood and move up to 120 existing parking spaces into a public garage. Five housing buildings would be independently owned and built. The development is planned on about 8.2 acres of BART-owned land surrounding North Berkeley station, including the main parking area, anchoring the station site for redevelopment. Like other transit-oriented projects, it emphasizes walkability and transit access as a core planning goal. Affordable Mix Dominates Early Delivery The affordable mix is unusually large. BART and city documents show 381 units, or 51 percent, would be deed-restricted affordable for households earning 30 to 70 percent of area median income. Phase 1 centers on 265 affordable units from BRIDGE, EBALDC, a...