Initial financing has been approved for the second-phase of the LeClaire Courts redevelopment at 4458 S Cicero Avenue in Garfield Ridge. The approval came from the Community Development Commission who granted the project $5.5 million in Tax Increment Financing (TIF). The multi-phase proposal is being led by developers The Habitat Company and Cabrera Capital Partners, with SCB working on its design.
Expected to break ground next year, phase one of the project includes a large commercial center/plaza with a grocer, medical clinic, childcare facility and more with over 100,000 square feet of space. To get things moving on both phases, the city entered an infrastructure agreement with the developers which gave them $27 million in funding for things like roads and water mains.
As part of CHA’s redevelopment of the former 600-home public housing site, this phase will include 160 residential units across two buildings of which 144 will be considered affordable for those making 30 to 80 percent AMI. Future phases will eventually bring the overall redevelopment up to 725 dwelling units.
Lining Cicero Avenue, both buildings are set to rise six stories tall and 67 feet in height. Sitting on the main intersection with W 44th Street, the L-shaped northern building will contain over 10,000 square feet of ground-floor commercial space expected to be leased by a daycare. Joining this will be a community space, fitness room, and 110 units above.
To the south will be a small public plaza and courtyard leading to a 123-vehicle parking lot in the rear to be used by both buildings. The southern structure will hold 2,500 square feet of retail space along with a small residential lobby. This will be capped by 50 units, a decrease from the originally proposed 73 for this building.
The unit mix for both will be made up of studios, one-bedroom, two-bedroom, and three-bedroom layouts. Both will also be clad in a mix of masonry and metal panel, with the opportunity for large murals. The project will have a total cost of $97 million covered largely by LIHTC equity, IHDA loans, and CHA loans among others.
Construction is set to commence in the Spring of 2025 with George Sollitt Construction Company set to be the general contractor.
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I’m glad this is finally moving along. I hope this can encourage revitalization along the Cicero corridor.