Resurrection Project Unveils First Phase Of 48 Million Pilsen Redevelopment

• First phase of Pilsen redevelopment to deliver 76 affordable units
• Project backed by city funding as part of housing initiative
• Full site to include 432 units across mixed housing types

What The First Phase Means For Affordable Housing Delivery

The Resurrection Project is leading the first phase of a major redevelopment at 18th and Peoria in Pilsen, introducing a new seven-story building called Casa Nayarit. The project will deliver 76 permanently affordable units, reinforcing the city’s push to expand long-term housing supply in high-demand neighborhoods.

What The Mixed Use Component Means For Community Value

The ground floor will include commercial space anchored by a childcare center operated by Chicago Commons, along with community-focused amenities like a shared room, bike storage, and laundry facilities. This integration of services adds daily utility for residents and strengthens the overall value of the development beyond housing.

What The Full Site Plan Means for Long-Term Growth

The broader 6.3-acre redevelopment will ultimately include 432 units across a mix of rentals, condos, and townhomes. Plans also call for public open space, retail, and the Paseo Trail. Large-scale master planning like this creates a long-term growth corridor, supporting both residential demand and neighborhood activation.

What Design And Phasing Mean For Execution

The first building will feature prefabricated panels, murals, and a rooftop deck, combining cost-efficient construction with community-focused design. Construction is expected to begin in 2027 with completion targeted for 2029. Phased delivery allows developers to manage costs while adapting to market conditions over time.

What Public Backing Means For Investment Stability

The project is partially funded by the City of Chicago, highlighting strong public support for affordable housing development. Public funding reduces risk and helps ensure project viability. For investors and stakeholders, this type of backing signals stability and long-term commitment to the area.

What This Project Means For Investors

This redevelopment reflects continued momentum in large-scale urban infill projects focused on affordability and mixed-use design. For investors and landlords, it highlights opportunities in phased developments that combine public support with long-term neighborhood growth.