The groundbreaking for the long-dormant Shops and Lofts at 47, 47th St and Cottage Grove, occurred just over a year ago and the development was slated to open “in early 2014.” It’s been seven years and a day since we first wrote about the project.
Early 2014 has come and gone, but the project appeared to be nearing completion when I stopped by yesterday afternoon.
A Walmart Neighborhood Market will occupy about 80% of the retail space. The balance of the development includes 96 units of mixed-income housing.
The Sutherland, a historic property at 4659 S Drexel in Hyde Park / Kenwood, was recently renovated into studio, 1- and 2-bedroom apartments.
These sizable projects are likely to spur further development along this stretch of 47th Street.