Holsten Real Estate


Partial Funding Approved For Parkside Phase 3 In Old Town

The Community Development Commission has approved partial funding for the residential development at 520 W Hobbie Street in the Near North Side. The new structures at the nearly full-block project will expand the existing Parkside of Old Town complex. Developer Holsten Real Estate is working with the Chicago Housing Authority and Cabrini Green Community Development Corporation, tapping local firm Landon Bone Baker Architects for the design.

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Lawson House. Photo by Jack Crawford

Facade Restoration and New Stair Towers Progress at Lawson House in Near North Side

Exterior work continues to progress on the Victor F. Lawson House, a historic 24-story building at 30 W Chicago Avenue in the Near North Side. Originally designed by Perkins, Chatten & Hammond and completed in 1931, the former YMCA will be transformed by developer Holsten Real Estate into 408 affordable studio apartments. Since the last article on the project, structural work for the new fire egress and elevator towers has taken shape, while windows and facade restorations continue.

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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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