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.
An updated cost has been revealed for the CTA Red Line Extension (RLE) as the agency selects a contractor ahead of construction. Stretching all the way down to 130th Street once completed, the project has been in development for over a decade and recently received additional funding from the federal government.
Full details have been revealed for the residential development at 1060 W Van Buren Street in the West Loop. Located on the corner with S Aberdeen Street, the project will redevelop an existing lofts building and replace the adjacent parking lot with a high-rise. This proposal is being led by F&F Realty Partners with architecture firm FitzGerald working on its design.
The Chicago City Council has approved the mixed-use redevelopment of the Hollander Building at 2422 N Milwaukee Avenue in Logan Square. Located on the intersection with W Fullerton Avenue, the development will replace a parking lot and adjacent one-story structure. Efforts for the project are being led by GW Properties with architecture firm NORR working on its design.
Initial massing and density studies have been presented for the potential redevelopment of multiple Cabrini Green sites within the Near North Side. Roughly bound by W Chicago Avenue to the south and W Schiller Street to the north, if fully completed the project will eventually replace multiple vacant lots near downtown.
