The city of Chicago has issued the first three Request for Proposals (RFPs) of Mayor Lori E. Lightfoot’s INVEST South/West initiative.
The sites at the center of the RFPs are in the Auburn Gresham, Austin, and Englewood neighborhoods of Chicago. The city is looking for developer teams to propose pedestrian-oriented, mixed-use projects.
“These sites offer flagship opportunities to help revitalize their respective neighborhoods with quality-of-life amenities, jobs and mixed-income housing that leverage local transit and advance long-established community goals,” Mayor Lightfoot said in a statement.
The 23,000-square-foot Auburn Gresham site is at 838-58 West 79th Street, where the city is looking for ground-floor commercial use with residences above. The 34,200-square-foot Austin site is at 5200-24 West Chicago Avenue next to the landmarked Laramie State Bank. There, the city is looking for a ground-up development as well as a rehabilitation of the former bank. The 4.28-acre Englewood site is split into two sections, one of which includes a landmarked firehouse.
The INVEST South/West initiative started during Mayor Lightfoot’s tenure as a way to invest in 12 commercial corridors in 10 neighborhoods in Chicago’s South and West Sides. These historically Black and Latino areas have been underserved and underinvested in for decades.
The RFPs are available here. They are due on November 24, and winners are expected to be announced by the end of the year. More RFPs will also be issued in the coming months for other neighborhoods involved in the INVEST South/West initiative.