Innovation Square is a strategic investment project that targets and catalyzes real estate development in the Fairfax neighborhood. The project is aptly called Innovation Square as it leverages a section of the neighborhood in close proximity to anchor institution development and a long promised transportation project that has become reality. The first phase of the project will be a green space referred to as “Playwright Park” designed to celebrate the neighborhood’s rich cultural history and neighborhood asset, Karamu House, the first multicultural theater in the United States.
It is designed to provide new, better, and more varied full spectrum housing options to expand the residential population and bring new employment and cultural opportunities to the neighborhood. Reinvestment in arts and civic amenities will help fuel community pride. Neighborhood-serving retail will create new vibrancy on main street blocks, leveraging recent adjacent investments.