A spring 2008 groundbreaking is planned for The Shops and Lofts at 47 (pdf), which will stretch along Cottage Grove Avenue from 47th to 48th streets. Mahogany Chicago 47, LLC, a joint venture of Skilken and TROY Enterprises, both based in Columbus, Ohio, will build about 170 residential units and 50,000 square feet of ground-floor retail. More retail and offices may occupy the flex space on the second floor. The project is designed by Ford & Associates Architects.
The Shops and Lofts at 47 is one of five mixed-use projects slated for The Grove, a shopping district planned along Cottage Grove Avenue, according to Bernita Johnson-Gabriel of Quad Communities Development Corp., which is working in community partnership with the developers.