The Arches at Oakwood Shores is part of a sprawling 90-acre community that will eventually be the site of 3,000 new homes that are steps from Lake Michigan, offer easy access to downtown, and are part of the resurgence of Chicago’s Bronzeville neighborhood. The development is a new beginning for the area, which was once the site of the Madden Park, Ida B. Wells, and Darrow public housing projects. The ten-year plan for the location calls for a mixture of 1,000 for-sale houses, townhomes, and condos and 2,000 rental units. Oakwood Shores is old school done brand-new and recalls Chicago’s classic residential neighborhoods in its tree-lined streets and masonry construction. The area is filled with great features including being a short trip to the Loop, lots of public transportation, and many opportunities for lakefront recreation. Arches residents will also be close to the University of Chicago, Illinois Institute of Technology, and the new University of Chicago Donoghue Charter School for younger students.
Homes available at the Arches fall into many different styles of dwellings and include Row Homes, Single Families, City Homes, Townhomes, and Condominiums. Units range from one- to three-bedrooms and can be up to 3,250 square feet in size. The Row Homes also have an optional basement upgrade available. There are a wide variety of finishes that make the units a good choice including hardwood floors, patios, decks, and balconies, high-efficiency heating and air conditioning, and lots of parking. Buyers can upgrade their homes with many options to customize their living space. They can opt for fireplaces, basement bedrooms, marble baths, body-jet showers, granite counters, appliance upgrades, surround sound and TV wall-mounting, and extra cable and electrical outlets. Standard features in these homes include wall-to-wall carpeting, 42” upper cabinets, double-bowl stainless steel kitchen sinks, marble bath vanities, in-unit washers and dryers, energy-efficient windows, and an intercom system.
The Arches at Oakwood Shores is being developed by a team with three main players. First is Granite Development, which was founded in 1995 by two of Chicago’s African-American business leaders Joseph A. Williams and Larry Huggins. Granite has also been part of the Hotel Burnham project, Auburn Lake, and Jazz on the Boulevard. Second is MB Real Estate, which is headquartered in Chicago and manages and leases over 20 million square feet of properties. Third is UJIMA, which is a nonprofit community organization that works to help monitor community progress and resident needs in Bronzeville. Together, the development team is helping revitalize a formerly struggling neighborhood and bring about the reality of the New South Side. Anyone interested in the possibility of living in the Arches (and the possibilities are many) can visit the on-site Sales and Design Center at 736 East Pershing Road in Chicago. The first phases of Row Homes and Single Families are already sold out, so it may benefit shoppers to move quickly if they want a spot here.
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