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POAH Breaks Ground on Trianon Lofts in Woodlawn

Published: July 22, 2016

The Preservation of Affordable Housing (POAH) is starting construction on Trianon Lofts, a mixed-use development at 803 E. 61st St. in Chicago’s Woodlawn neighborhood.

Dignitaries at the ceremonial groundbreaking for Trianon Lofts.

Trianon Lofts is the first market-rate rental building in the community in more the 40 years. The $12.5 million Trianon Lofts will provide 24 two-bedroom rental apartments and 7,000 square feet of ground floor retail space. Trianon Lofts is directly across the street from the new MetroSquash facility, as well as a number of other new POAH-developed residential apartment buildings along south Cottage Grove Avenue. 

“POAH believes in creating, preserving and sustaining affordable and healthy housing communities that provide economic security and access to opportunity for all Chicagoans,” said Bill Eager, vice president, Chicago Area, Preservation of Affordable Housing, Inc. “We are grateful for LISC Chicago’s predevelopment support for Trianon Lofts, and know these apartments will make a big difference for current and future Woodlawn residents.”

A rendering of what the completed apartment building will look like.

LISC provided a $400,000 loan to POAH to cover early-on predevelopment expenses related to Trianon Lofts.

“LISC Chicago invests strategically throughout the metro area to foster stronger and healthier neighborhoods,” said Barbara Beck, LISC Chicago’s director of financial services and underwriting. “We are proud to partner with POAH on this game-changing project in Woodlawn. I am excited to see the project coming to life.”

Posted in Areas of Work, Neighborhoods

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Local Initiatives Support Corporation Chicago connects neighborhoods to the resources they need to become stronger and healthier.

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