Pullman's first new multifamily development in more than 60 years is officially complete. The developers behind the Pullman ArtsSpace Lofts recently held a ribbon-cutting event for the $18 million Far South Side project, although some residents moved into the building in early 2020.
Located on Langley Avenue between 111th and 112th streets, the complex is home to 38 live-work rental units offered in studio, one-bedroom, and two-bedroom layouts. All apartments are reserved for renters earning 60 percent or below of the Area Median Income (AMI), and there is a 2,000-square-foot community space for hosting public events and art exhibitions.
The project—which has been in discussion since 2011—comes from nonprofit developers Chicago Neighborhood Initiatives, PullmanArts, and Minneapolis-based Artspace. The overall development includes a three-story new construction building designed by Stantec and a pair of 1880s-era structures listed on the National Register of Historic Places. The new masonry building rises between its historic neighbors and is designed to complement the Romanesque Rival architecture of the surrounding historic district.
Pullman was founded in 1880 by railcar tycoon George Pullman and is considered the nation's first planned industrial community. Because the historic neighborhood is a U.S. Monument, the ArtSpace Lofts team had to work closely with the National Park Service and the U.S. Department of Housing & Urban Development. The development took advantage of Historic Rehabilitation Tax Credits, Low Income Housing Tax Credits, and assistance from the Chicago Housing Authority.