Park Douglas I

Park Douglas

Roosevelt and Talman avenues

Co-developed by the Chicago Housing Authority, Brinshore-Michaels and Sinai Health Systems, the 19-building Park Douglas I complex in North Lawndale is the first phase of a master-planned development that, when complete, will include a new Mt. Sinai Hospital and outpatient center. The $44 million first phase opened in July 2012 with 28 market-rate, 49 affordable and 60 replacement units for former public housing residents.

DPD Assistance:               

•  $8.3 million loan

•  $23 million tax credit equity

•  Planned Development (PD) approval

•  Land write-down

Supporting Information Facts