For the second year in a row, Pangea Properties was a recipient of the 2013 Good Neighbor Award in recognition for our efforts to improve the quality of life for the Chicago community. The annual award presented by the Chicago Association of REALTORS®, acknowledges those who have demonstrated an extraordinary commitment to making the Chicago area a better place to work and live through rehabilitation and redevelopment efforts.
We are thrilled and honored to receive this award two years running. From the beginning of this venture, our mentality has been to rehabilitate neighborhoods, building by building. We are committed to creating a more beautiful Chicago and by establishing clean, comfortable, and safe apartments, we are getting there one property at a time.
Four of our buildings won the Good Neighbor Award, including those located at 8000 S. Paulina in Auburn Gresham, 7263 S. Coles in South Shore, 8251 S. Ellis in Avalon Park/Chatham and 3324 Western in Park Forest, IL. In addition, Pangea was one of three top finalists for the Bruce Abrams Good Neighbor Award for our exceptional work at 7263 S. Coles.
At Pangea, we effectively transform our apartment buildings through drastic restorations. We add value through amenities and services not traditionally available at an affordable price point, including but not limited to: modern appliances, motion sensor security cameras, free heat, on-site laundry facilities and complimentary Wi-Fi capabilities. In doing so, we make safe, comfortable, apartment living available to everyone, regardless of their economic limitations. We don’t want to tear down communities—we want to build them up.
Over the past four years, we have invested over $100 million into renovating more than 250 distressed properties throughout Chicago’s South, Southwest and West neighborhoods. As Pangea continues to expand our footprint in Chicago neighborhoods, we hope to invest time and money into properties that will become cornerstones of the community, and we will continually go the extra mile to improve the neighborhoods for our residents and our communities.
After all, our properties are more than just apartments. They are homes.