The Habitat Company on Thursday announced the first residents have moved in to their new homes at Cassidy on Canal, 350 North Canal Street in the Fulton River District. This first wave of new arrivals into their apartments brings Cassidy on Canal full circle, from demolition of the former Cassidy Tire building, to groundbreaking, and on to inhabitation.
The completed Cassidy on Canal apartment tower. Photo by Daniel Schell
Cassidy on Canal from Canal Street. Photo by Daniel Schell
The brick podium resembles the former Cassidy Tire building. Photo by Daniel Schell
Cassidy on Canal viewed from Desplaines Street. Photo by Daniel Schell
Cassidy on Canal is a 33-story, 343-unit apartment tower designed by Solomon Cordwell Buenz. The Chicago Plan Commission approved the development in May 2020. Demolition of the Cassidy Tire building began in Spring of 2022, and Cassidy on Canal ceremoniously broke ground in October 2022.
Diversified Real Estate Capital, LLC partnered with Habitat on development. James McHugh Construction served as the general contractor.
The announce from Habitat quotes President Matt Fiascone thusly:
“It’s not every day an apartment tower of this magnitude opens near the west bank of the Chicago River in this neighborhood,” said Habitat President Matt Fiascone. “In fact, it’s been almost two decades since renters had an opportunity to move into a new building so close to this side of the river. I’m not sure who was more excited the day Cassidy on Canal opened its doors – us, or its residents.
“And because the building was designed during the pandemic, we were able to take advantage of that time to be very deliberate and forward-thinking in terms of amenities and floor plans,” added Fiascone. “We wanted to make sure Cassidy would not just meet, but exceed the expectations of renters whether they were working fully remote or in a hybrid schedule. Based on renter excitement from our first move-ins, it’s going to be fun watching the building fill up over the upcoming months and bring a new energy to the neighborhood.”
More from the Habitat announcement:
Rents at the building range from $2,550 to $5,660 for studios, one- and two-bedrooms with the Penthouse Collection renting for up to $10,810 per month. Units span in size from 515 to 1,988 square feet.
In-unit features include state-of-the-art kitchens with quartz countertops, graphite backsplashes, stainless steel appliances and two-toned designer kitchen cabinetry; pinecone oak flooring throughout; floor-to-ceiling windows, with many apartments having views of the skyline and Chicago River; stacked in-unit washer and dryer; smart thermostats; keyless entry; and outdoor balconies in select units.
Cassidy on Canal’s Penthouse Collection comprises floors 31-33, presenting exclusive amenities and unobstructed city views. Offering expansive layouts, the Penthouse Collection floor plans have unique features throughout, including walk-in closets with laminate shelving and photo-sensor lighting; remote app-controlled light switches in living, dining and kitchen areas; kitchen islands; illuminated bathroom mirrors with recessed downlights above the sinks; full-size washer and dryer; and large terraces or balconies off most units.
With its central downtown location, just one block from the riverwalk, Cassidy on Canal puts its residents within easy walking distance to the numerous businesses, restaurants and entertainment options of the Loop, Fulton Market and River North areas, in addition to the many transportation options to other parts of the city and suburbs with its proximity to multiple CTA train and bus lines as well as the Ogilvie Transportation Center.
Located on the west side of Canal Street, between Kinzie and Fulton streets, the 350 N. Canal site was formerly home to the Cassidy Tire building, which had stood on the location since 1908. To honor the site’s legacy, Habitat has repurposed 200 bricks from the original property in the outdoor plaza near the new building’s main entrance, which will be unveiled at a ribbon-cutting ceremony in June.
Designed by nationally recognized architecture firm Solomon Cordwell Buenz, the 375-foot glass tower marks the latest luxury residential project for Habitat in the neighborhood. Habitat delivered Kinzie Park with condominiums and townhomes in 2001, followed by the 43-story Kingsbury Plaza apartment tower in 2007 and the 43-story Hubbard Place in 2013.
You can read The Habitat Company’s full announcement at this link.
Cassidy Tire building demolition, May 2022. Photo via Building Up Chicago
Cassidy Tire building demolition, May 2022. Photo via Building Up Chicago
Cassidy Tire building demolition, June 2022. Photo via Building Up Chicago
Cassidy Tire building demolition, June 2022. Photo via Building Up Chicago
Cassidy Tire building demolition, June 2022. Photo via Building Up Chicago
Cassidy on Canal construction, January 2023. Photo via Building Up Chicago
Cassidy on Canal construction, March 2023. Photo via Building Up Chicago
Cassidy on Canal construction, March 2023. Photo via Building Up Chicago
Cassidy on Canal construction, March 2023. Photo via Building Up Chicago
Tower crane comes down at Cassidy on Canal, August 2023. Photo via Building Up Chicago
Cassidy on Canal construction, August 2023. Photo via Building Up Chicao
Cassidy on Canal construction, August 2023. Photo via Building Up Chicago
Cassidy on Canal construction, August 2023. Photo via Building Up Chicago
More of the brick podium. Photo via Building Up Chicago
Congratulations to all parties, including the Fulton River District’s newest apartment dwellers.
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Huge improvement.