Park Manor 75

Park Manor 75: NOF Feature in Greater Grand Crossing

Company Profile

Park Manor 75 is a a wine and charcuterie bar owned by husband-and-wife team Jacare Thomas and Charlette Stanton. The menu will feature wines and liquors fermented and distilled by Black-owned businesses. Opening Park Manor is the realization of their dream to create a place on the South Side of Chicago that embodies culture, sophistication, and community.

Neighborhood Opportunity Fund Impact

To support the buildout of Park Manor 75, Jacare and Charlette received a $250,000 Neighborhood Opportunity Fund (NOF) grant. The funding was put toward pre-construction costs, demolition, buildout costs (framing, insulation, drywall), electrical, plumbing, HVAC improvements, as well as exterior façade improvements and security system.

Per Block Club Chicago:

“I hope that the neighborhood knows that we’re serious about building something that’s warm, beautiful and welcoming for all of our neighbors,” Stanton said. “We’re ready to rock and roll. We’re ready to let people become exposed to who we are as a couple, who we are as business owners and what we believe that neighborhoods like ours should expect from future businesses coming into the corridor.”

Park Manor 75 is Open for Business:

Visit them at 600 E 75th St, Chicago. You can learn more at https://parkmanor75.com/ and https://www.instagram.com/parkmanor75.

Learn More About the Neighborhood Opportunity Fund

The City of Chicago Neighborhood Opportunity Fund generates revenue from downtown developments to finance permanent building improvements for small businesses and nonprofits. Administered by SomerCor, NOF grants are for commercial property acquisition, improvement or new construction and can range up to $250,000. If you have a vision to strengthen the commercial corridors in Chicago’s South, Southwest, and West Sides, click here to learn more about the program.

Contact Us

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Elisabeth Williams

EVP, SBA 504 Loan Operations
(312) 360-3302
ewilliams@somercor.com

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Eric Bacon

SVP, Managing Director of 504 Loan Originations
(312) 360-3335
ebacon@somercor.com

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Darin Gehrke

SVP, Market Lead for Central and Southern Illinois
(217) 793-1075
dgehrke@somercor.com