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Initiatives aim to build the ranks of minority developers

Initiatives aim to build the ranks of minority developers
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United States , North Lawndale , South Chicago , Cottage Grove , South Shore , Melanie Jefferies , Teri Frankiewicz , Ciere Boatright , Terrence Antonio James , Maurice Cox , Juan Saldana , Bill Williams , Taft Stettinius Hollister , Charlton Hamer , Hugh Williams , William Towns , George Floyd , Melissa Tompkins , Phillip Beckham , Gwendolyn Butler , Lori Lightfoot , Graham Grady , Crown Community Development , Milhouse Development , Capri Investment Group , Lg Development ,

Minority-owned development firms have been in short supply in Chicago. New initiatives aim to change that.

Before the COVID-19 pandemic hit, downtown Chicago was in the midst of a building boom that local officials say was notable for what it didn’t include: minority-owned development firms. “There were 61 cranes in the sky, and each crane represented a project worth up to hundreds of millions of dollars,” said Leon Walker, managing partner of developer DL3 Realty. “It was a point of pride for the . ....

United States , South Chicago , North Lawndale , South Shore , Cottage Grove , Melanie Jefferies , Teri Frankiewicz , Ciere Boatright , Maurice Cox , Juan Saldana , Bill Williams , Taft Stettinius Hollister , Charlton Hamer , Hugh Williams , William Towns , George Floyd , Phillip Beckham , Gwendolyn Butler , Lori Lightfoot , Graham Grady , Lawndale Innovation Center , Department Of Planning , Northwestern University Kellogg School Of Management , Habitat Co , Chicago Emerging Minority Developer Initiative , Land Institute ,