The latest of many proposals for the redevelopment of the shuttered Rosenwald Apartments, at 47th St and Michigan Ave in Bronzeville, contemplates 331 units of low-income and seniors apartments, with a small number of market-rate units.
A group of neighbors who live close to the building have organized Rosenwald for All to work toward a more imaginative and viable redevelopment. Among their concerns is the lack of retail and service infrastructure in the immediate area to support the new residents. They’re also questioning the wisdom of devoting public funds, including $25 million of tax-increment financing (TIF), to a project that would cost (at current estimates) over $300,000 per unit.
In the video you’ll meet some of the members of Rosenwald for All, walk the neighborhood with them, and hear their concerns and their alternative vision for a more viable use of the property.