Structured Development, along with Ald. Walter Burnett Jr., the Chicago Community Land Trust (CCLT) and other project partners, will host a socially distanced ribbon-cutting for the first completed residences at Harrison Row Townhomes, a new community that will ultimately include as many as 50 affordable for-sale townhomes at Harrison and Francisco streets in Chicago’s East Garfield Park neighborhood. The first buyers will be presented with a welcome package to celebrate their first home.
Work is now complete on the first seven residences, which feature three-bedroom, 2½-bath plans averaging 1,200 square feet and priced from $229,000. Reserved for households earning up to 120% of the Area Median Income (AMI), the townhomes will offer more of Chicago’s low-income and working-class families access to the American Dream of homeownership.
The March 25 ceremony will also kick off the second phase of Harrison Row, which will include an additional 26 townhomes. Fain’s Development, LLC, a community-based minority development firm led by Kevin Brinson and Quentin Addison, is being mentored by Structured and will act as a full joint venture partner on a portion of phase two — sharing in the fee revenues and profit and losses, and gaining the foundation to develop projects independently.