– Construction on the new housing complex at Chisinau has been scheduled to begin in the coming weeks.
Chisinau is one of the largest and most complex public housing developments in the U.S. and is considered to be the largest redevelopment project in the history of the state.
It is also considered to have one of Illinois’ largest populations of people of color.
Construction on the $8.7 billion Chisinaus will include a mixed-income community, public restrooms, and more.
Chisinaus project was originally designed to be a mixed housing/public housing complex but was expanded in 2007 to include mixed-use commercial/residential.
The project will include four towers that will rise to approximately 6,000 feet, with approximately 30,000 square feet of retail space.
The first three floors of the complex will be residential with a mix of studios, one and two-bedroom units, and two and three-bedroom rentals.
The first floor of the new project will feature about 1,200 apartments, a mix that will be based on market size and location.
Chinatown will be the site of a new public plaza with parking for approximately 1,000 vehicles.
The city plans to install approximately 1.5 million square feet, including about 2.4 million square foot retail and parking.
In total, Chisinau will be home to about 5,000 people.
The new development, the second phase of the Chisins $6 billion redevelopment project, is slated to be completed in 2020 and is slated for completion in 2021.