Check out this article from the Chicago REALTOR Magazine, regarding SCG’s award-winning Renaissance on Kimbark:
The Chicago Association of REALTORS recognized 29 innovative properties with 2011 Good Neighbor Awards on May 18, at an awards reception held at Lincoln Park Zoo’s historic Cafe Brauer. Award-winners included new and renovated residential and commercial properties in the city and suburbs. Each demonstrated a successful approach to serving a community need and increasing the vitality of our city.
“The Good Neighbor Awards are a great opportunity to thank developers and property owners who contribute to our region’s economic success and the appeal of its neighborhoods,” said C.A.R. President, Mabel Guzman. “The Good Neighbor Awards celebrate property development at its highest calling.”
The 2011 Good Neighbor Awards top honoree — winner of the 2011 Bruce Abrams Award — was the fourth phase of the Renaissance on Kimbark condominium development, located at 6457 South Kimbark Avenue in Chicago’s Woodlawn neighborhood. The Bruce Abrams Award was received by Hasani Steele, Steele Consulting Group, @properties, and Lewis Korompilas, Premium Builders.
The concept for this award-winning multiple phase development dates to 2008 when Steele and Edmund Offokaja, of Stonemason Group, decided to deliver quality housing in Woodlawn with a sales model that would be sustainable in an uncertain economic future. With the help of Hanna Architects, a building prototype was created and development goal set.
“Renaissance on Kimbark” buildings feature luxury 1,700-square-foot simplexes and 2,800-square-foot duplexes with rooftop decks. Each phase pre-sold half its units prior to construction, despite the tough economy. C.A.R. honored each of the development’s first three phases with a Good Neighbor Award for its contribution to community stabilization and helping neighboring properties secure refinancing. The fourth phase received the 2011 Bruce Abrams Award for its standing as the highest-quality phase in the project yet – and for rising above economic challenges that threatened to derail completion though half the building’s units were pre-sold.
“We rallied the community for approval and pre-sold 50 percent of each phase prior to construction, with buyers coming from the community, surrounding neighborhoods and the suburbs,” Steele said. “We are proud to receive this award as an endorsement of our efforts to give back to the city that supports us.”
Click here for more information on the 2011 GNA Award winners, and to read the original Chicago REALTOR Magazine article.