ULI Chicago has partnered with LISC Chicago for the creation of YIELD, a learning network designed to build capacity of commercial real estate developers of color in Chicago, support local wealth creation, and help bring visions of authentic neighborhood projects to fruition in south and west side Chicago communities.
Funded by JP Morgan Chase and the Pritzker Traubert Foundation, the inaugural 2020 Yield Cohort consists of 22 members – bringing together 8 Black and Latino emerging developers and 14 experienced real estate professionals, who will meet throughout the year to share best practices and work together to further actionable real estate projects in our South and West side Chicago communities.
The Cohort will convene throughout the year to share experiences, leverage relationships, discuss challenges and opportunities, and make valuable connections. Some of the projects that developers will pursue include a cold storage facility on the West Side, several mixed-use projects in residential neighborhoods, and a community hub for arts and nonprofit space in a former school on the South Side.
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