547 W Oak Street

Additional financing has been approved for the residential development at 547 W Oak Street in the Near North Side. Located on the intersection with N Larrabee Street, the proposal is the first phase of redeveloping a long-term vacant lot owned by the Chicago Housing Authority (CHA). The project is being led by developer BDM-I LLC made up of Brinshore & The Michaels Development Corporation.

The Chicago Committee on Zoning has approved rezoning for a new residential development at 547 W Oak Street in Near North Side. Developer Brinshore-Michaels Development, LLC is teaming up with Pappageorge Haymes Architects to bring a new apartment building to an empty lot at the corner of W Oak Street and N Larrabee Street. Located on the south end of the former Cabrini-Green area, the project will benefit from being located near the new Halsted Pointe development and Sterling Bay’s recently renovated 600 West Chicago Avenue.