548 Development
full-service development & construction
As a community grows, the original residents of that community deserve the same opportunity.
We work exclusively with contractors within a given community to ensure a long-term return on our investment in the area.
This allows us to have a multi-faceted impact on the communities that we invest in —
Delivering renewable energy technology to communities that have been historically left out of this advancement, and empowering minority business owners to grow alongside their community.
There is an affordable housing shortage across America, and Chicago is feeling it as hard as anywhere in the country.
There is a shortage of 7.8 million affordable housing units in America
Illinois has the country’s 4th worst affordable housing shortage (-324,178 units)
Chicago has a 264,000 affordable housing unit deficit
Our goal is to creatively build a portfolio of units where working-class Americans can live in and thrive.
548 will create 5,000 sustainable housing units in Chicago through 2030
548 Development is a registered Minority Business Enterprise (MBE),
and an approved vendor in the Illinois Solar for All program.
Help us develop communities in need.
The mission of bringing sustainable and affordable housing technologies to communities in need can’t be achieved alone - join us in the development of a more equitable future!