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Wilson Yard Development

Type of Construction: 
New Construction
Type of Development: 
Mixed-use development including affordable housing, a large discount store, a grocery store and small business rental units
Completion Date: 
July 20, 2010
Square Footage: 
Total of 606,000 Square Feet
Number of Units: 
178 units (mix of one, two, and three-bedroom apartments)
Sustainable Design Features: 
  • Vegetative roofs
  • Solar reflective roofing system
  • Collection and controlled release of storm water
  • Regional materials
  • Water conservation: at least 20% below the average
  • Energy efficiency: approximately 14% below average energy costs
  • Recycled materials: at least 20% of the materials used to build
  • Low VOC paints, adhesives, and sealants
  • LEED approved carpeting and carpet padding
  • Low-e glass
  • Non-CFC refrigerants in the ventilation system
  • High efficiency insulation
  • Energy Star appliances
  • Construction waste management: 50-75% diverted from disposal
Types of Funding Received: 
  • Chicago Community Loan Fund Pre-Development Loan
  • City of Chicago Department of Community Development
  • Local Initiatives Support Corporation (LISC)
  • Enterprise Partners, Inc. Fund
  • Federal Home Loan Bank Financing
  • Wilson Yard TIF
  • Illinois Housing Development Authority (IHDA)
  • Low Income Housing Tax Credit (LIHTC)
  • Bank of America Loan
  • JPMorgan Chase Loan
  • Bridgeview Bank Loan
Social Benefits: 
  • 178 units of affordable rental housing
  • Retailer to offer a variety of goods at moderate prices
  • Affordable food from Aldi
  • Reclaimed parking for local train stop
  • Accessibility by alternative transportation including public transit, bicycle, and by foot
  • 300 hundred new jobs created by Target, 80% of employees within a 2 mile radius of location
Awards: 
  • Awarded top honors in the ‘Green’ category at the 2009 ‘Future Image’ Architecture Awards by the International Council of Shopping Centers
Green Rating: 
Pursuing LEED Silver Rating
Challenges & Lessons Learned: 
  • It is extremely important to involve the LEED commissioning agent early on in the development to facilitate achieving the rating desired for your project.  If an agent is brought in later in the process it could require changing plans that have already been made to meet the specifications for your desired LEED rating.
Contacts: 
Project Manager: Joseph Dunne - Holsten Chicago
Contacts: 
Lead Architect: Mike DeRouin - FitzGerald Associates Architects
Contacts: 
Aerial Photograph Courtesy of: Matt Stewart

Location:

Wilson Yard Development
1026 W. Montrose
Chicago, IL
United States
See map: Google Maps
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Copyright 2011 Chicago Community Loan Fund