At a second meeting to discuss a Pilsen nonprofit’s plan to build a six-story, 45-unit affordable housing building, some residents said they were concerned the project was too tall for the block and could speed up gentrification in the changing neighborhood.
The Resurrection Project and Skender Construction revealed new renderings of the $20 million, 62-foot-tall building they hope to build at 1850 S. Racine Ave. at a meeting last week. Pilsen is suffering as longtime residents are displaced, said Veronica Gonzalez, vice president of real estate at the Resurrection Project, and adding new “permanent affordable units” aims to allay neighbors’ gentrification fears.
“This development is TRP’s anti-displacement strategy. It’s an opportunity to serve those families that we find are most vulnerable and most at risk of displacement,” Gonzalez said.
Under plans, the development at the corner of South 19th Street and West Racine Avenue would include a mix of 1-, 2-, and 3-bedroom apartments that would house people and families making between $17,000 and $50,000 per year.
About 20 one-bedroom apartments, 20 two-bedroom apartments and five three-bedroom units would be built. The building would also include a community room on the first floor and 31 parking spaces.