Chicago Defender 12.09.15

Page 14

CD Around Town

Jackie Taylor Holsten and Peter Holsten

(2nd - 3rd from left): Dorothy R. Leavell, Crusader Newspaper, Michael House, former Chicago Defender Publisher, and guests tour Historic Strand unit.

Chris Lee, Renee Bradford and Reverend Tolliver

HISTORIC STRAND: REVITALIZATION OF WOODLAWN!

Ald. Willie B. Cochran 14 December 09 - 15, 2015 • THE CHICAGO DEFENDER

The Woodlawn community received a huge shot in the arm with the re-opening of The Historic Strand at 6321 South Cottage Grove! And, the historic renovation is completed two months ahead of schedule ... and on budget! Thanks to Peter Holsten, President of Holsten Real Estate Development - a visionary with an impressive track record, who has been profiled on “60 Minutes” for his innovative approach to affordable housing - with a plan for breathing life into Hotel Strand. The Historic Strand is now 62 units

of rental housing above retail space on the first floor. Comments property manager Latrice Hayes, “We are thrilled to have over 200 applications from excited prospective tenants; some tenants have already taken occupancy! According to architect Chris Lee, President of Johnson & Lee Architects, “We wanted to keep the street animated, which retail on the first floor will accomplish … and access to the green line enhances the transit-oriented development.”

Historic Strand kitchen area www.chicagodefender.com


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