Home » News » Title: Chicago Schools Find New Buyers: Housing and Community Centers Planned

Title: Chicago Schools Find New Buyers: Housing and Community Centers Planned

by Emma Walker – News Editor

Chicago Public​ Schools poised to sell three long-vacant school buildings to developers proposing housing, affordable senior options

Chicago could see ‍three shuttered school⁤ buildings repurposed as housing after recent bids and community engagement, signaling a potential shift for⁢ vacant CPS properties. The Chicago Board of Education is considering‌ proposals for the former Bontemps Elementary in ⁣Englewood, the Henson Elementary, and a third unnamed school, perhaps offering ⁤a mix of single-family homes, affordable apartments, ⁣and senior housing.

The moves come as CPS continues to grapple with declining enrollment‌ and a portfolio of ​underutilized buildings. At least one other former CPS school,King Elementary​ in Tri-Taylor,has already⁤ been successfully redeveloped into 30 single-family homes,completed ⁤in ⁢2020 after being purchased by a developer in 2017.

For the Bontemps school, Devereaux Peters, a former WNBA player and now affordable housing developer, has⁢ offered $75,000 to demolish the building and construct two new buildings: one ⁣with 72 units featuring‍ amenities like a fitness center and coworking space, and another with⁤ 60 units specifically designed for seniors looking to downsize within the community. The current structure, ​according ‍to CPS officials, lacks working plumbing, electric, and mechanical systems. A community meeting was ⁢held in October, and local Alderman Stephanie⁣ Coleman supports the project.

Past attempts to sell Bontemps have stalled. In 2017,the school board approved a ⁢$50,000 bid from IFF,a Chicago-based nonprofit lender and developer,but the sale never ⁣finalized.

Another proposal involves Henson⁣ Elementary, where MKB offered $25,000,‌ but was outbid ⁤by Calling Water⁢ LLC at $30,000. The plan from Calling Water⁣ LLC had the support⁤ of local Alderperson Monique Scott, despite contention during a community ⁣meeting.

in 2018, the Board of Education⁣ approved a $55,000 bid from the Single Room ⁢Housing Assistance Corporation to convert⁤ Henson into 80 mini-studio apartments for low-income individuals, including veterans,‌ single mothers, and people with disabilities, but that sale⁣ also failed to close.

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