Additional funding has been announced for the residential phase of the LeClaire Courts redevelopment at 4458 S Cicero Avenue in Garfield Ridge. Earlier this month we covered the project’s initial financing deal of $5.5 million in TIF, it has now received a large capital loan from the Chicago Housing Authority (CHA).
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.
A courtesy presentation was given to the Chicago Plan Commission for the second-phase of the LeClaire Courts redevelopment at 4458 S Cicero Avenue in Garfield Ridge. Located on the corner with W 45th Street, the proposal will replace the former home of the public housing project of the same name. The development is being led by The Habitat Company and Cabrera Capital Partners with local firm SCB working on its design.
The Chicago Housing Authority has advanced the first phase of the LeClaire Courts redevelopment at 4458 S Cicero Avenue in Garfield Ridge. Located on the intersection with W 45th Street, the new project replaces the massive vacant lot once home to a public housing project. Developed by The Habitat Company and Cabrera Capital Partners, the SCB-designed complex will sit next to the new Cultivate Collective community hub.
The Chicago Department of Planning and Development has approved plans for a new mixed-use complex at 4458 S Cicero Avenue in Garfield Ridge. Dubbed the Le Claire Courts, the project would replace a large empty parcel of land owned by the Chicago Housing Authority that is bound by W 45th Street to the south, S Cicero Avenue to the east, the I-55 expressway to the north, and the name-bearing LeClair Courts-Hearst Park to the west. Developers Cabrera Capital Partners and The Habitat Company formed a large design team lead by Solomon Cordwell Buenz Architects for the sprawling project.