Habitat fully leases apartments at 43 Green Phase 2

Developers Habitat and P3 Markets have announced that apartments have been fully leased at 43 Green Phase 2, a mixed-income, mixed-use building at 4309 S. Prairie immediately west of the CTA’s 43rd Street Green Line stop in Bronzeville.

“The successful lease-ups at 43 Green Phases 1 and 2 exceeded our expectations and demonstrate that high-quality affordable and market-rate housing continues to be in high demand in Chicago’s Bronzeville community,” said Habitat President Matt Fiascone. “Equitable development near transit connects residents to opportunities and contributes to a more vibrant, inclusive and sustainable future for the 43rd Street Corridor and the city at large.”

Designed by LBBA and Moody Nolan, 43 Green Phase 2 rises 10 stories and features 80 apartments, 44 of which are designated as affordable. The residences at 43 Green Phase 2 are offered in studio, one- and two-bedroom floor plans ranging from 465 to 1,092 square feet. Building amenities include two outdoor terraces, a fitness center, laundry facilities, flex work-from-home spaces, surface parking for 13 vehicles and 56 bicycle parking spots. 

Additionally, the 80,000-square-foot building features new commercial retail space along 43rd Street that is well positioned to take advantage of the location’s busy foot traffic due to its proximity to CTA train and bus stops, Hadiya Pendleton Park and the hundreds of new residents living at 43 Green.

Construction of Phase 2 was completed by McHugh Construction and joint venture partner Bowa Construction.

The building joins Phase 1 which is located on the east side of the CTA tracks. The 10-story building houses 99 units including 50 affordable and welcomed residents first in June 2023 and was fully leased by December 2023. 

A third and final building in the overall 43 Green development is planned for 70 rental units. A timeline has not yet been set for the final phase.