McHugh Construction and Brown & Momen Start Construction of Mixed-Use, Mixed-Income Development at Oakwood Shores in Chicago’s Bronzeville Neighborhood

Kemena Brooks

 

CHICAGO, IL (April 5, 2021) — James McHugh Construction Co. and Brown & Momen, Inc. have announced the start of construction on 508 Pershing at Oakwood Shores, a 53-unit mixed-used, mixed-income rental community in Chicago’s Bronzeville neighborhood.

 

 As part of a public-private partnership led by The Community Builders (TCB), the residential and retail building marks the latest phase of the larger Oakwood Shores revitalization plan, which encompasses more than 100 acres approximately 3.5 miles south of downtown Chicago.

 

“Oakwood Shores is an exceptional opportunity to deliver a mixed-income, mixed-use community within the historic Bronzeville neighborhood,” said Kemena Brooks, senior project manager for TCB.

 Mike Meagher

“And it certainly doesn’t get done alone. Along with our development partners, Granite Development Corp. and Ujima, we at TCB are excited to have broken ground on 508 Pershing, the next phase of Oakwood Shores, that will contribute to providing desired conveniences, a rich quality of life and inclusive sense of community that so many Chicagoans seek, regardless of income.

 

"508 Pershing is only realized through a committed multi-sector partnership and talented and diverse design and construction team.”

  

“Between Oakwood Shores and what’s under consideration for the former Michael Reese Hospital site, there’s a real energy and enthusiasm around the continued revitalization of Bronzeville, and we’re honored to be part of creating a thriving, mixed-income community for the neighborhood,” said Mike Meagher, president of McHugh Construction.

Terez Sturrup

Terez Sturrup, McHugh’s project manager and a Bronzeville resident, was also proud to note the cost savings realized for the 508 Pershing project that helped the building move through the budget process.

 

“The ability to realize cost savings without compromising the high quality of the building was extremely important for this project,” said Sturrup.

 

“Our preconstruction and project teams worked tirelessly with ownership and the project designers to find $3 million in savings by identifying alternate options across the entire project scope, including facade materials, structural framing, finishes, and alternate mechanical, electrical and plumbing systems.” 

 

Located at 508 E. Pershing Road, just east of Martin Luther King Drive, the four-story building will include 50 one-bedroom and three two-bedroom units, 7,000 square feet of amenity space, management offices and 3,500 square feet of street-level retail.

Rendering of planned 508 Pershing at Oakwood Shores
 in Chicago’s Bronzeville neighborhood.

Completion of the project, which is expected to cost $17.1 million, is scheduled for February 2022.

 

 Thirty-six of the development’s 53 units will be Low Income Housing Tax Credit (LIHTC) units for households earning up to 80% of the Area Median Income (AMI). The remaining 17 units will be market-rate. National Affordable Housing Trust (NAHT) provided funding for 508 Pershing in partnership with investor UnitedHealth Group.

 

CONTACT:

Paula Widholm, pwidholm@taylorjohnson.com

 (312) 267-4525

 Kim Manning, kmanning@taylorjohnson.com

(312) 267-4527

 www.mchughconstruction.com.