As of January 2013, IPM has turned over the lead position in the Saint Boniface Senior Living Project to Carefree Development LLC. Carefree is not new to the project. They have been involved for some time. Link to Carefree Development LLC
About this site
This informational website was created in response to the continuous flow of interest and inquiries regarding the history and future of the abandoned Saint Boniface property located in Chicago’s West Town neighborhood at the corner of Chestnut and Noble streets in Chicago.
Thank you for your interest and please check back as this website will be updated as new information becomes available to the community and is made public.
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Update March 28th, 2013
Our last update noted that The Chicago Department of Housing and Economic Development has verbally agreed to allow Carefree Development LLC to step into the shoes of Institutional Project Management to be the primary developer of the St. Boniface senior housing development. We also noted that Institutional Project Management would still be involved in the project in some capacity. In order to complete this change in positions the original Redevelopment Agreement would need to be altered.
Update From Carefree Development LLC
1) Carefree has been working with the City, the Archdiocese and the lenders towards securing everyone's approval allowing Carefree to step-in as Managing General Partner of the Saint Boniface Senior Living project. It is believed that all parties involved are “on board” and only documentation is pending at this time.
2) A revised RDA is expected to be delivered to the City Council in April. The revisions extend the time to secure funding through the end of 2013 and also require Carefree to stabilize some areas of the structure. The stabilization work will begin in early April.
3) At this time Carefree is in the process of securing funding for the project that includes tax credits from the Illinois Housing Development Association. The final application will be submitted to the IHDA in July.
4) Carefree would like to make known that this is the final opportunity to save Saint Boniface church from demolition. If they are unable to secure funding from IHDA through the July application, there will be no other options available to them.
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Link to Timeline & Update Archive
The Eckhart Park Community Council’s Saint Boniface Committee meets regularly with IPM to discuss the Saint Boniface Senior Living project. Saint Boniface Info will post all meeting updates.
Previous updates can be seen on the Timeline page of this site.
To receive email alerts when this site is updated please join our email list using the “contact us” link below.
Saint Boniface on Facebook
Another Saint Boniface Website
Saint Boniface Info
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To View IPM’s Two Original Plans, (plans that will NOT be used)
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