This decision involves the financial restructuring and transfer of ownership of various properties under the Aidscare Campus Parcels, including City Vacant Lots. The previous ownership under Phoenix House development and Heartland Property Holding interests will now be transferred to CHASSA S Kedzie Lots LLC, CHASSA Phoenix House LLC, and CHASSA Garden View LLC. These parcels include the Wellness Center Lots, Multipurpose Lots, Garden View Lots, and Sawyer Gardens Lots. The final decision was passed by the City Council on September 18, 2024, following its introduction on July 17, 2024.
This decision is crucial for the redevelopment of the Aidscare Campus Parcels and the repurposing of vacant city-owned lots. It facilitates ownership transfer to entities capable of driving development, contributing to the improvement and revitalization of the surrounding community.