The Habitat Company
The Habitat Company Headquarters Address
350 W. Hubbard, Suite 500
Chicago, IL 60654
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The Habitat Company Photos
About The Habitat Company
We’re a full-service real estate company, with an emphasis on service. We believe that our relationships with our clients, partners, residents and fellow employees should stand as strong as the buildings we develop and manage. We work across a wide variety of property types – from affordable housing communities to condominiums to luxury high-rise towers – but, no matter the project, our people-first approach remains the same.
At The Habitat Company, we believe that it is the quality and experience of our people that make a difference. Our professional staff provides us with the depth of talent and ability that is so crucial to success.
We operate in an environment where diversity is valued and individual initiative is rewarded. The scale of our portfolio offers challenges and opportunities for individuals who are looking to further their careers with an innovative company. We offer a competitive compensation and benefit package, along with development and growth opportunities.
To learn more about The Habitat Company, visit habitat.com
Meet The Habitat CompanyAt The Habitat Company, we believe that it is the quality and experience of our people that make a difference. Our professional staff provides us with the depth of talent and ability that is so crucial to success.
We operate in an environment where diversity is valued and individual initiative is rewarded. The scale of our portfolio offers challenges and opportunities for individuals who are looking to further their careers with an innovative company. We offer a competitive compensation and benefit package, along with development and growth opportunities.
To learn more about The Habitat Company, visit habitat.com
Meet the Habitat team and learn about our culture.
http://habitat.com/
Habitat Will Manage Gold Coast’s Eliot Househttp://habitat.com/
September 30, 2020
The Habitat Company has been awarded property management of Eliot House, a 324-unit high-rise condominium building in downtown’s Gold Coast neighborhood. The addition of Eliot House marks the third significant Chicago condo management contract award to Habitat in 2020, following contracts for the 724-unit Park Tower in January and the 234-unit Metropolitan Tower in July.
“As an integral part of the historic Carl Sandburg Village of condominium associations, Eliot House is a well-regarded presence in the heart of Chicago’s renowned Gold Coast neighborhood,” said David Barnhart, VP of condominium management at Habitat.
Originally constructed in 1963 as rentals, Eliot House is an anchor property in Carl Sandburg Village, a residential community that was converted to condos in 1979. All of the place names within the Village derive from famous authors, and Eliot House was named after American-British poet and essayist T.S. Eliot.
https://www.connect.media/habitat-will-manage-gold-coasts-eliot-house/
First Phase Of $100 Million Bronzeville Project Will Bring Affordable Housing Next To Green LineThe Habitat Company has been awarded property management of Eliot House, a 324-unit high-rise condominium building in downtown’s Gold Coast neighborhood. The addition of Eliot House marks the third significant Chicago condo management contract award to Habitat in 2020, following contracts for the 724-unit Park Tower in January and the 234-unit Metropolitan Tower in July.
“As an integral part of the historic Carl Sandburg Village of condominium associations, Eliot House is a well-regarded presence in the heart of Chicago’s renowned Gold Coast neighborhood,” said David Barnhart, VP of condominium management at Habitat.
Originally constructed in 1963 as rentals, Eliot House is an anchor property in Carl Sandburg Village, a residential community that was converted to condos in 1979. All of the place names within the Village derive from famous authors, and Eliot House was named after American-British poet and essayist T.S. Eliot.
https://www.connect.media/habitat-will-manage-gold-coasts-eliot-house/
Published on
Sep 29, 2020 8:14AM CDT
BRONZEVILLE — Construction of an apartment building neighboring the 43rd Street Green Line stop is set to begin next summer, the first step in a $100 million “transit-oriented development” planned for Bronzeville.
The first phase of the 43 Green project will bring 99 apartments and 6,000 square feet of retail space to formerly vacant, city-owned property at 43rd Street and Calumet Avenue.
Groundbreaking is set for June. Construction is estimated to take 14 months, though tenants may begin moving in before it’s completed. Transit-oriented developments, allowed within close proximity to “L” and bus stops, benefit from different rules than other developments in the city, including fewer parking spots.
According to the plan, about half of the apartments must remain affordable for at least 30 years. They’ll be reserved for renters making up to 60 percent of the area median income, or $43,680 annually for a two-person household.
“We’re marketing it to — which we’re seeing in the area — younger professionals and younger working class people who just can’t afford to live in the Central Business District,” said Charlton Hamer, senior vice president of The Habitat Company’s affordable housing division. “They can live, work and potentially play in the same building.”
The Habitat Company and P3 Markets are partners on the development. The Habitat Company is currently partnering to develop the Ogden Commons affordable housing project in North Lawndale, while P3 Markets helped develop Xquina Cafe in Little Village.
There’s no estimated date for completing the project’s three subsequent phases, as the developers are “still looking at the best concepts” for the sites, Hamer said.
About 22 off-street parking spaces will be included in the first phase.
The first phase is estimated to cost $35 million. The project received city approval for Low-Income Housing Tax Credit funding in March.
The project’s mix of affordable housing, retail space and proximity to the Green Line “epitomizes exactly what the city is trying to do” with its Equitable Transit-Oriented Development policy plan, Hamer said.
Earlier this month, city officials announced the plan, which aims to bring more affordable housing and resources near public transportation to the South and West sides.
Since the passage of Chicago’s first transit-oriented development ordinance in 2013, 90 percent of all new transit-oriented projects went to neighborhoods like North Center, Logan Square and Uptown.
The project is also located within Bronzeville’s “priority corridor” under Mayor Lori Lightfoot’s INVEST South/West initiative, a $750 million campaign to spur investment in South and West side neighborhoods.
The city’s investments “created the environment” for 43 Green to thrive, Ald. Pat Dowell (3rd) said.
The project’s affordable housing will help prevent displacement in Bronzeville amid a hot housing market, while the retail space will help meet the community’s needs, Dowell said.
“This is a huge shot in the arm for the 43rd Street corridor,” she said. “It’s going to be a new addition to the landscape that we’re trying to build in this part of Bronzeville.”The project is across the street from The Forum, which is on the National Register of Historic Places but has sat vacant for decades.
“I have not seen a plan nor the financial capacity yet to get [the Forum’s redevelopment] done,” Dowell said. “It would be my dream that there would be some interaction between the two developments.”
Sep 29, 2020 8:14AM CDT
BRONZEVILLE — Construction of an apartment building neighboring the 43rd Street Green Line stop is set to begin next summer, the first step in a $100 million “transit-oriented development” planned for Bronzeville.
The first phase of the 43 Green project will bring 99 apartments and 6,000 square feet of retail space to formerly vacant, city-owned property at 43rd Street and Calumet Avenue.
Groundbreaking is set for June. Construction is estimated to take 14 months, though tenants may begin moving in before it’s completed. Transit-oriented developments, allowed within close proximity to “L” and bus stops, benefit from different rules than other developments in the city, including fewer parking spots.
According to the plan, about half of the apartments must remain affordable for at least 30 years. They’ll be reserved for renters making up to 60 percent of the area median income, or $43,680 annually for a two-person household.
“We’re marketing it to — which we’re seeing in the area — younger professionals and younger working class people who just can’t afford to live in the Central Business District,” said Charlton Hamer, senior vice president of The Habitat Company’s affordable housing division. “They can live, work and potentially play in the same building.”
The Habitat Company and P3 Markets are partners on the development. The Habitat Company is currently partnering to develop the Ogden Commons affordable housing project in North Lawndale, while P3 Markets helped develop Xquina Cafe in Little Village.
There’s no estimated date for completing the project’s three subsequent phases, as the developers are “still looking at the best concepts” for the sites, Hamer said.
About 22 off-street parking spaces will be included in the first phase.
The first phase is estimated to cost $35 million. The project received city approval for Low-Income Housing Tax Credit funding in March.
The project’s mix of affordable housing, retail space and proximity to the Green Line “epitomizes exactly what the city is trying to do” with its Equitable Transit-Oriented Development policy plan, Hamer said.
Earlier this month, city officials announced the plan, which aims to bring more affordable housing and resources near public transportation to the South and West sides.
Since the passage of Chicago’s first transit-oriented development ordinance in 2013, 90 percent of all new transit-oriented projects went to neighborhoods like North Center, Logan Square and Uptown.
The project is also located within Bronzeville’s “priority corridor” under Mayor Lori Lightfoot’s INVEST South/West initiative, a $750 million campaign to spur investment in South and West side neighborhoods.
The city’s investments “created the environment” for 43 Green to thrive, Ald. Pat Dowell (3rd) said.
The project’s affordable housing will help prevent displacement in Bronzeville amid a hot housing market, while the retail space will help meet the community’s needs, Dowell said.
“This is a huge shot in the arm for the 43rd Street corridor,” she said. “It’s going to be a new addition to the landscape that we’re trying to build in this part of Bronzeville.”The project is across the street from The Forum, which is on the National Register of Historic Places but has sat vacant for decades.
“I have not seen a plan nor the financial capacity yet to get [the Forum’s redevelopment] done,” Dowell said. “It would be my dream that there would be some interaction between the two developments.”
Number of Employees in The Habitat Company
501 to 1,000
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