Park Douglas I
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.
• $8.3 million loan
• $23 million tax credit equity
• Planned Development (PD) approval
• Land write-down