A city-owned site near the intersection of N. 6th St. and W. North Ave. could soon house an apartment building and creative hub for entrepreneurs.
A partnership of Michael Adetoro‘s FIT Investment Group and Cinnaire Solutions would develop a 54-unit, mixed-income apartment building and entrepreneurial workspace on a 1.1-acre site that fronts W. North Ave.
“We are proposing to create a creative space with amenities for creative entrepreneurs to operate their business,” said Adetoro on Monday at a meeting of the Bronzeville Advisory Committee. The committee, with the Department of City Development‘s support, is recommending the Common Council sell the site to the FIT-Cinnaire partnership. A July 2021 request for proposals, with a $300,000 asking price, drew three qualified respondents.
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