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GRANITE DEVELOPMENT
CORP.
Granite Development Corp. was founded in 1995 by two of Chicago’s
African-American business leaders — Joseph A. Williams, president of economic
development consultant Target Group Inc., and Larry Huggins, president of
Riteway Construction.
Williams, winner of numerous civic and industry awards, has helped secure more
than $1.6 billion in business for M/WBEs and 4,000 jobs for Chicago-area
residents through Target Group’s work with prominent real estate developers.
Huggins made his mark on major commercial downtown developments such as
AT&T Corporate Center, the McCormick Place Expansion and Unicom Thermal
Technologies facilities. Joining forces in Granite Development, they have
undertaken a series of successful Chicago projects including:
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Hotel Burnham. Granite Development partnered with
McCaffery Interests to redevelop the North Loop’s historic Reliance Building as
a 122 room European-style boutique hotel.
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Auburn Lake. As part of Chicago’s thrust for diverse
homeownership options, Granite Development worked with Thrush Development to
construct 19 single-family and duplex homes in the Auburn/Gresham neighborhood.
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Jazz on the Boulevard. Granite reunited with Thrush to
create Jazz on the Boulevard, a mixed-income community of 137 forsale and
rental residences on Drexel Boulevard, between 40th Street and 42nd Place.
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Save Our Streets. Teaming with Quest Development Inc., Granite
is overseeing development and construction for Save Our Streets’ 4.2-acre
residential and commercial complex at 76th Street and Parnell Avenue.
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MB REAL ESTATE
A prominent Midwest and East Coast real estate company, MB Real Estate offers
expertise in development and construction management, asset and facilities
management, and investment services. Headquartered in Chicago, MB Real Estate
manages and leases more than 20 million square feet of properties. The
company’s experience spans a variety of develo ment projects, including new
construction, redevelopments and renov tions, installation of building systems
and equipment, and interior build-outs.
UJIMA
UJIMA — meaning “collective work and responsibility” — was founded in
2001 to assess resident needs and monitor community progress as new development
revitalizes Chicago’s Bronzeville neighborhood. The nonprofit organization has
demonstrated success in helping residents achieve employment, lease compliance,
family stability and community integration.
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