Ravenswood Senior Living Breaks Ground In Chicago

Owner Evergreen Real Estate Group is transforming the shuttered Ravenswood Hospital into a 193-unit affordable senior housing project.
Published: January 29, 2020

Evergreen Real Estate Group (Chicago) has started construction on a $81million adaptive reuse project to turn the former Ravenswood Hospital into a 193-unit affordable senior housing community in Chicago’s Ravenswood neighborhood.

According to an article by GlobeSt.com, the Ravenswood Senior Living project will include independent living and supportive living for low-income seniors in a single location. The 10-story building will have separate entrances for the two communities, which will operate independently from each other.

On-site amenities for the independent living community will include a roof deck, community room, fitness room, library/computer room, lounges, and laundry rooms, while the adjacent supportive living community will have its own amenities, including a roof deck, dining room, community room, fitness and physical therapy room, salon, library/computer room, multipurpose/TV room and attendant stations on each floor, according to the article.

Ravenswood Senior Living is owned by Evergreen Real Estate Group in partnership with Chicago-based Synergy Construction Group and the Chicago Housing Authority, GlobeSt.com reports.

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Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series