Nonprofit Developer Bringing Significant Grocer To Woodlawn

Cottage Grove Avenue and 63rd Street, Chicago

A noted nonprofit multifamily developer is branching out into retail and has its eyes set on Woodlawn. The Preservation of Affordable Housing said it in talks with a significant supermarket chain for a 48K SF lease in Woodlawn, DNAInfo Chicago reports. The group would not say which grocer it signed a lease with, but did rule out Mariano's.

The project has dual benefits for POAH and the surrounding community. The location of the future supermarket at Cottage Grove Avenue and 61st Street would bridge the gap for residents in surrounding communities that were dubbed food deserts in a landmark study by analyst Mari Gallagher. The store's location and proximity to the Cottage Grove Green Line 'L' station would make it easier for these residents to shop for groceries.

For POAH, the grocery store adds to a growing development pipeline the group has in Woodlawn. POAH is building Woodlawn Station, a 70-unit affordable housing development on the site of a former housing project. The grocery store will include 180 parking spots.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

108-Acre Hawthorne Race Course Buyer Could Put Data Center On Site

Nike Closes 15 Stores Amid Tumultuous Year

The Fast-Food Exec Taking Her Real Estate Talents To The Looksmaxxing Era

TJ Maxx Parent Plans To Accelerate Store Openings In 2027

Ashley's Frasers Sets £20B Real Estate Acquisition Target

Oak Brook Investor Scoops Up Suburban Multifamily Community: The Chicago Deal Sheet

Food And Beverage Increasingly Becoming Anchor In Mixed-Use Projects

EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market

Big-Box Deals Push Chicago Industrial Leasing Into National Top 3

Bally's Debt Obligations Raise Doubts Over Casino Operator's Future

With Illinois' Senior Population Set To Grow By 40%, Developers Are Facing A Financing Puzzle

Ken Griffin Strikes $86M Palm Beach Real Estate Deal With Blackstone