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Buffett Place

Location: Chicago

Type: Preservation: Restoration & Rehab
Use: Supportive Housing, 51 units
Cost: $12 million
Status: Complete 2014


Buffett Place is the winner of several awards including GNA's Bruce Abrams Award 2015, CNDA's Award for Excellence in Architecture in 2014, Richard H. Driehaus Foundation Award for Outstanding Non-Profit Neighborhood Real Estate Project, Multifamily Executive's 2014 P.O.Y. Merit Award, and an honorable mention for the 2014 Charles L. Edson Tax Credit Award for excellence in green housing. Buffett Place is an environmentally sustainable transformation of the former Diplomat Hotel in Chicago’s Lakeview neighborhood into 51 units of permanent supportive housing designed to meet the specialized needs of individuals with severe mental illness who are at risk of homelessness. The project is a partnership with Thresholds, one of metropolitan Chicago’s most respected non-profit mental illness supportive service providers. The development’s many tailored amenities will include an interior courtyard, roof deck with commanding views of downtown Chicago and Wrigley Field, a therapeutic flower garden, fitness room and on-site supportive services. Two retail storefronts will house business enterprises that provide employment opportunities for residents of the building.