Leopardo Begins Work on a 365,000-SF Redevelopment and Expansion Project
Leopardo recently began work on a 365,000-square-foot innovative mixed-income, affordable, multi-generational living community redevelopment and renovation project at 2720, 2640 and 2700 N. Sheffield Avenue in Chicago’s Lincoln Park neighborhood. The project, which is one of the largest affordable housing projects currently taking place in Chicago, will include the renovation of two existing, 11-story senior housing towers, consisting of 393 senior independent living apartments, as well as the creation of 12 new units. Leopardo will also simultaneously build a new 120,000-SF, six-story residential building that will link the two towers and feature 80 new family apartments and two amenity floors with an exterior courtyard, reception area, community bike storage, mail and package pickup, activity room, outdoor porch, tenant storage, gym with cardio and weight rooms, as well as a party room.
“These new senior and family apartments will provide a revitalized housing resource and community space for the local residents,” said Leopardo Vice President Mike Mastin. “We are very excited to get started and to deliver a project that will support all current residents and generations to come.”
Built in the late 1960s, the Edith Spurlock Sampson Apartments houses seniors and is in close proximity to retail, medical, grocery, parks, and public transportation. It is located in a Transit Oriented Development area on the corner of Diversey, Lincoln, and Sheffield, mere steps to the brown and purple lines, providing access to numerous resources. Developed through a Joint Venture partnership between the Chicago Housing Authority, PIRHL Developers and Tandem Development, as well as a general contractor Joint Venture between Leopardo Companies and Ujamaa Construction (Leopardo Ujamaa JV), the project will be completed in phases while the buildings remain occupied. Residents living in the two buildings will be relocated to vacant units while the renovations occur.
Leopardo Ujamaa JV is collaborating with the Chicago Housing Authority, PIRHL, and RATIO Architects to complete the project by 2024.