The Chicago City Council has approved funding for the first residential phase of LeClaire Courts in Garfield Ridge. Located at 4458 South Cicero Avenue, the project has been in development for several years and has already received prior approval from the city. The effort is being led by The Habitat Company in partnership with Cabrera Capital.
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.
