City officials have chosen development teams for projects in three commercial corridors — two in Humboldt Park and one in South Shore — representing a $126 million investment, Mayor Lori Lightfoot said Thursday.
The projects are part of the mayor’s Invest South/West initiative to encourage development in needy areas. Plans include mixed-income housing, reuse of historic buildings and space for community services.
Lightfoot announced the projects during an event at the South Shore Cultural Center where she marked the two-year anniversary of Invest South/West, her signature effort to spread investment more equitably. At the celebratory gathering, Lightfoot said her administration is focused on overlooked communities and working with the private sector on projects that are “positive, catalytic and, importantly, long-lasting.”