542 W Elm Street


City Council Approves Next Phase Of Parkside Of Old Town Development

The Chicago City Council has approved the next phase of the Parkside of Old Town development in the Near North Side. Coming soon after receiving its approval from the Plan Commission mid-December of 2022, with this the proposal has now cleared all the necessary city hurdles prior to commencing work. Developer Holsten Real Estate is working with the Chicago Housing Authority on the affordable project that is being designed by local firm Landon Bone Baker, who have also done some of the previous phases.

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Plan Commission Approves Affordable Housing In Near North Side

The Chicago Plan Commission has approved the next phases of the Parkside of Old Town development in the Near North Side. Located on two separate lots near each other at 542 W Elm Street and 520 W Hobbie Street, the multi-building plans will continue to grow on the affordable housing offered on the former site of the Cabrini Green complex. Developer Holsten Real Estate is operating under the Parkside name in collaboration with the Chicago Housing Authority and the Cabrini Green Community Development Corporation which have tapped local firm Landon Bone Baker Architects for their designs.

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