Town Hall Meeting February 11, 2020 Illinois Institute of - - PowerPoint PPT Presentation
Town Hall Meeting February 11, 2020 Illinois Institute of Technology 3201 S. State St. Stay connected! 5046 S. State St. | Chicago, IL. | (773) 373-9273 | ward03@cityofchicago.org www.ward03chicago.com| Facebook.com/aldermanpat.dowell |
February 11, 2020 Illinois Institute of Technology 3201 S. State St.
Stay connected! 5046 S. State St. | Chicago, IL. | (773) 373-9273 | ward03@cityofchicago.org www.ward03chicago.com| Facebook.com/aldermanpat.dowell | Twitter: @aldpatdowell3rd
Michael Pigott Commander 1st Police District
1718 S. State St. 312-745-4290 CAPS001District@chicagopolice.org
Dion Boyd Commander 2nd Police District
5101 S. Wentworth Ave. 312-747-8366 CAPS002District@chicagopolice.org
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Introduction XS Tennis History Chicago Housing Consulting
Services, Inc. NFP Partnership
Development Concepts Indoor Recreation / Sports
Center
Summary
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Native of Chicago, graduate of Chicago Public Schools
Participated in Chicago Park District Tennis program that led to a college scholarship at Florida A&M University
Began coaching tennis in 2004, opened XS Tennis in 2008
Former students have been awarded college scholarships from universities across the country
Built new $17 million facility on State Street in 2018
Coached U.S. Open Women’s Tennis Champion Sloane Stephens
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100 construction jobs, preserved 17 minority coaching jobs and 6 permanent jobs
51 participants have won college scholarships valued at $12 million
Youth programming for 90 CHA youth
Overall youth programming for 2,400 participants
Four hours of free homework tutoring daily
Transportation services for CHA seniors
Athletic programming for local schools
Community engagement services for local events and education
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CHCS is the 501 C-4 nonprofit affiliate
(“CHA”)
CHCS focuses on social impact investing and public, private partnerships (P3s)
The Concord at Sheridan is a mixed- use development in Rogers Park that features a City Target on the ground floor with 65 new CHA family units and 46 market units
Built on underutilized CHA land, CHCS served as a consultant to the developer and an investor in the commercial component of the project
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Late last year, CHCS closed on an investment in the $22 million Ogden Commons Commercial development in the North Lawndale community
The project includes 50,000 SF of commercial / retail space with the following tenants:
Steak & Shake
Ja’ Grill Restaurant
Subway
Wintrust Bank
Sinai Health Systems
Cinespace Studios
Capital sources included Opportunity Zone funds and City of Chicago Neighborhood Opportunity Funds
Anchors the CHA redevelopment of Ogden and Lawndale with 200 mixed- income residential units to follow
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Building off of the success of XS Tennis, Center Court Development (“CCD”) and CHCS have partnered to create the next phase of development
The Attucks school, a shuttered CPS school at 51st and State Street to be redeveloped into mixed-use, mixed-income housing
60 mixed-income residential units with ground floor retail
Prospective commercial tenants include a community-based health care provider
Providing jobs and social equity for community residents
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120,000 SF COMPLEX WITH 6 COURTS, 2 SOCCER FIELDS, INDOOR TRACK, PROGRAM SPACE AND EXERCISE AREA
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Potential tenants include:
Chicago Sky WNBA T eam
Chicago Fire MLS T eam
Local colleges, universities, high schools
Community Clubs
Community benefits include:
Employment Opportunities
Local Youth Programming
Education and Wellness
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There has been a lack of investment in the State Street corridor for decades
XS Tennis is the first new development in this area in 20 years
Center Court Development and Chicago Housing Consulting Services,
State Street by:
Redeveloping the Attucks School site into new mixed-income residential with ground floor commercial uses
Developing an Indoor Recreation and Sports facility with 6 courts, 2 soccer fields, indoor track and exercise area
These investments will stimulate new public, affordable and market-rate residential development along the corridor
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Presentation By: Ennedy Rivera Chief Legal Counsel
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Stay connected! 5046 S. State St. | Chicago, IL. | (773) 373-9273 | ward03@cityofchicago.org www.ward03chicago.com | Facebook.com/aldermanpat.dowell | Twitter: @aldpatdowell3rd