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News Articles
June 9, 2006
102 homes planned in N. Lawndale
A groundbreaking ceremony recently was held for Heritage Homes of West Village, a mixed-income development at Polk and Kedzie.
"This is something North Lawndale can be proud of," said Ted Mazola, president of New West Realty, the developer working with the City of Chicago. "In place of vacant lots, there will be homes that offer residents the chance to be homeowners. It's a part of the American Dream, and New West is thrilled to work with the city to make it happen."
U.S. Rep. Danny Davis (D-Ill) agrees with Mazola about the importance of creating opportunities for home ownership. "Giving people a chance to own a home is an is an important step in the continue rejuvenation of this neighborhood," Davis said. "Pride in the homes and the neighborhood as a whole is necessary for helping North Lawndale thrive as a community."
Ald. Michael Chandler (24th) is also enthusiastic about the development. "We will continue to build this neighborhood, block by block," he said.
A total of 102 homes--town houses, duplexes and walk-up condominiums--are planned. Twenty-five of the homes will be offered starting in the low $100,000s under the City of Chicago's affordable housing program.
Market-rate 3-bedroom condos will start in the $230,000s. Two-bedroom duplexes are priced from the $260,00s. Three-bedroom town houses begin in the $320,000s. Amenities will include 1- or 2-car garages. Some plans have decks or balconies. More than 10 percent of the market-rate homes were sold in the first week, said Terrie Whittaker, president of sales and marketing for New West Realty. "That shows this is a viable area with a lot to offer," Whittaker said.
There is a waiting list of qualified applicants for the 25 affordable homes.
"Heritage Homes of West Village is a great example of our philosophy at New West," Mazola said. "We often build in up-and-coming areas, where there is the unmet demand for new, for-sale housing. We like to be a part of developing a neighborhood."
Heritage Homes of West Village, Chicago. A temporary sales center, with a decorated model, is located off-site at 2112 W. Madison, at the corner of Madison and Hoyne. New West Realty, (312) 491-1930, www.heritagehomeschicago.com.
bcunniff@suntimes.com
Disclaimer The articles appearing on this site were not written by New West Realty. New West Realty is not responsible for inaccurate information contained therein, including, but not limited to, square footages and pricing.
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