3208 N. Sheffield Ave.
The $13.1 million rehabilitation of the former Diplomat Hotel in Lake View created 51 units of supportive housing for individuals at risk of homelessness. The project by Brinshore Development LLC and The Thresholds social service agency was selected from among seven developers that responded to a DPD request for proposals in 2011. The development includes a rooftop garden and ground floor flower shop staffed by residents.
- $10.7 million in tax credit equity
- Land write-down