90 New Apartments Coming to Bronzeville as City Council Greenlights $24 Million Michigan Avenue Development

By Socialhood News · Il/Chicago/Bronzeville · February 24, 2026

Big news for Bronzeville's housing landscape: the Chicago City Council has officially approved a brand-new four-building residential complex at 3746–3766 S. Michigan Avenue, clearing the way for 90 new apartments on a stretch of land that has sat largely empty for years. The $24 million project, developed by Capricorn Design + Build LLC and designed by Hanna Architects, will bring four four-story brick buildings featuring front balconies, rooftop decks, and on-site parking to the neighborhood — with a groundbreaking potentially as soon as March 2026.

Of the 90 total units, 18 will be income-restricted and affordable at 60% of area median income, a meaningful win for residents who want to stay in the neighborhood as it continues to grow. The development also includes bicycle storage and shared rooftop decks, adding to its appeal for a range of residents. The proposal earned strong community backing, with Third Ward Ald. Pat Dowell, St. Thomas Episcopal Church, The Renaissance Collaborative, and the South Side Community Art Center all submitting letters of support during the city review process. The first building is targeted for completion by December 2027.

For Bronzeville residents who've watched that Michigan Avenue block sit vacant, this approval is a tangible sign of the neighborhood's momentum. Stay tuned for groundbreaking announcements — and if you want to stay informed about housing and development news in the neighborhood, connect with your local aldermanic office or follow the Third Ward's updates online.

Sources:
1. https://hoodline.com/2026/02/bronzeville-s-ghost-block-on-michigan-ave-finally-scores-90-new-apartments/