- --- In LoganSquare@yahoogroups.com, "windycitywoman"
> What type of affordable housing is "La Estancia", beingconstructed at
> California and Division, going to be? How many units?La Estancia is newly constructed, affordable rental housing being
developed by Bickerdike Redevelopment Corporation, a 39 year old,
non-profit, community-based organization working in West Town,
Humboldt Park, Logan Square and Hermosa.
La Estancia consists of 57 units newly constructed, affordable
rental units in three buildings-- 30 units at the corner of Divsion
& Califronia and 27 units in two buildings on Division just west of
Kedzie. The first residential units west of Kedzie will begin
occupancy later this month and the California
/Division building will be complete this summer.
Apartments are mostly large 2-,3-, and 4-bedroom units to
accommodate area families at risk of being displaced by escalating
real estate costs and the loss of rental units to condo conversions.
Rents are affordable to area families with household incomes from
about $18,000 to $48,000 anually.
All apartment units include central air conditioning, stoves and
refrigerators, washer and dryer hook-ups, and will be wired for
highspeed internet access. Three and four bedroom units include a
To see some renderings and more background on La Estancia, go to:
Moderator's comment: This link didn't work for me.
As an aside, Bickerdike won a prestigous national award last week--
the Fannie Mae Maxwell Award of Excellence for it's Harold
Washington Unity Co-op development. For more info see:
Bickerdike is working with the Logan Square Neighborhood Association
to bring a similar affordable rental housing project to Logan
Square. For more information, call Elena at LSNA--773-384-4370.
Bickerdike Redevelopment Corp.
- I'm very interested to know as well; it's exciting to see new development in this area. I've been thinking of purchasing a home around Humboldt Park, and the nearby SE area between Ukrainian Village and Norwegian Memorial....
windycitywoman <windycitywoman@...> wrote: What type of affordable housing is "La Estancia", being constructed at
California and Division, going to be? How many units?
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- --- In LoganSquare@yahoogroups.com, "mickhailb" <mickhailb@...>
> To see some renderings and more background on La Estancia, go to:?objectID=358&communityID=7
>Opps-- sorry there was a space in the URL. To see the renderings and
> Moderator's comment: This link didn't work for me.
If you want to have a look at the project first hand, the two
buildings west of Kedzie are nearly complete (addresses are 3228 and
3248 W. Division) and the California/ Division building's first
floor and beautiful stone arches are in place.
And, perhaps most importantly,I forgot to mention that we are still
leasing 3 and 4 bedroom units-- call 773-227-6332 for more info.
Bickerdike Redevelopment Corp.
- La Estancia is Bickerdike Redevelopment Corporation's current
development. It will include 57 rental units affordable to area working
families. Projected monthly rents are: 1-bedroom apartments $497,
2-bedrooms $597, 3-bedrooms $701, and 4-bedrooms $770.
The development will be located on three vacant parcels, one being
Division and California, the other two on Division between Kedzie and
Homan. This development includes retail space on the ground floors. I
believe the building on Division and California will include 36 rental
units, but I'm not absolutely sure.
The tenant selection process will include income qualification, credit
checks, home visits, landlord references, criminal background checks,
and final decision by a Tenant Selection Committee composed of local
volunteers. Area residents will receive first preference in the
For more information call Bickerdike at 773-278-5669 or visit
---- Raul Echevarria
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