The Habitat Company

Developers Receive Financing for Ogden Commons Phase II

7:30 am on March 11, 2023 By Jack Crawford

Ogden Commons, a $200 million masterplan that will bring new homes, shops, and health services to North Lawndale, is moving forward with its second phase. The Habitat Company, along with Sinai Health System, Alecko Capital, and the City of Chicago, announced that they have secured financing for OC Living’s first phase, a 92-unit building with predominantly affordable apartments. The project is located in the city’s largest opportunity zone, which means it will benefit from tax incentives and attract more investment to the West Side.

New 33-Story Cassidy on Canal Reaches Fourth Floor in Fulton River District

7:45 am on February 15, 2023 By Jack Crawford

Structural work has passed the fourth floor for a new 33-story mixed-use tower known as “Cassidy on Canal” in Fulton River District. The 375-foot-tall structure, situated at 344 N Canal Street, will feature 343 apartments on its upper floors, alongside ground-floor retail space. The project is a collaboration between The Habitat Company and Diversified Real Estate Capital LLC.

344 N Canal Street is Chicago’s Seventh Tallest Construction Project

7:45 am on December 25, 2022 By Jack Crawford

Number seven in the year-end countdown is the 33-story mixed-use tower prepping to rise at 344 N Canal Street in Fulton River District. The Habitat Company and Diversified Real Estate Capital LLC are behind the 375-foot-tall structure, located on the former site of the five-story Cassidy Tire building. The high rise replacement, dubbed “Cassidy on Canal”, will provide 343 apartments on its upper floors, with ground-floor retail space available as well.

City Council Approves Rezoning For 43Green Phase II In Bronzeville

7:30 am on October 10, 2022 By Ian Achong

The Chicago City Council has approved the rezoning for the mixed-use development at 301 E 43rd Street in Bronzeville. Located on the southeast corner with S Prairie Avenue, the proposal replaces an existing commercial building with the second phase of the 43Green project for which Chicago YIMBY was able to speak with the architects last month. Developers P3 Markets and The Habitat Company are working with local designers Moody Nolan and Landon Bone Baker on the new affordable structure.

Groundbreaking Ceremony Held for “Cassidy on Canal” Residential Tower in Fulton River District

7:30 am on October 4, 2022 By Jack Crawford

Yesterday, YIMBY attended the groundbreaking ceremony for the newly dubbed “Cassidy on Canal,” a 33-story residential tower at 344 N Canal Street in Fulton River District. The Habitat Company and Diversified Real Estate Capital are behind the project, which will replace the former Cassidy Tire Building that was demolished this year. The development will yield a total of 343 units along with ground-level retail and 123 parking spaces.

Chicago YIMBY Speaks With The Architects Of 43Green Phase II In Bronzeville

7:45 am on September 20, 2022 By Ian Achong

The Chicago Plan Commission has approved the mixed-use development at 301 E 43rd Street in Bronzeville. Dubbed 43Green Phase II, the project comes after the completion and success of the first phase west of the CTA tracks. Replacing a one-story commercial building on the site, developers P3 Markets and The Habitat Company have teamed up with Moody Nolan and Landon Bone Baker Architects on the design of the new structure. Chicago YIMBY was fortunate enough to be able to speak with one of the architects about the road to today.

View of 344 N Canal Street. Rendering by SCB

Foundation Permit Issued for 344 N Canal Street in Fulton River District

7:30 am on September 10, 2022 By Jack Crawford

A foundation permit has been issued for the 33-story mixed-use 344 N Canal Street in Fulton River District. Formerly the site of the five-story Cassidy Tire building, the new 375-foot-tall structure by The Habitat Company and Diversified Real Estate Capital LLC will provide a total of 343 apartments atop ground-floor retail.

Full Demolition Now Underway for 344 N Canal Street in Fulton River District

7:45 am on June 7, 2022 By Jack Crawford

Just west of the confluence of the Chicago River, demolition is now in full swing for the former Cassidy Tire building in Fulton River District. This five-story brick structure at 344 N Canal Street will give rise to a 33-story mixed-use tower developed by The Habitat Company in partnership with Diversified Real Estate Capital LLC. Plans call for ground-level retail and 343 apartment rental units above.

43Green at 4308 S Calumet Avenue. Rendering by Landon Bone Baker Architects

43Green Mixed-Use Development Reaches Sixth Floor in Bronzeville

7:30 am on May 26, 2022 By Jack Crawford

Exterior work has now reached the sixth floor for a 10-story mixed-use building in Bronzeville known as 43Green. Bordering the intersection of Calumet & 43rd Street under the address 4308 S Calumet Avenue, this 96,000 square-foot project is easily one of the neighborhood’s largest new construction projects. Developers P3 Markets and The Habitat Company have scoped out 99 for-rent apartment units atop 5,000 square feet of ground-level retail.

Demolition Begins for 344 N Canal Street in Fulton River District

7:45 am on March 18, 2022 By Jack Crawford

Demolition work has now begun for the five-story Cassidy Tires building, located at 344 N Canal Street in Fulton River District. The masonry edifice will be replaced by a 33-story mixed-use tower, under development by The Habitat Company and Diversified Real Estate Capital LLC. Just north of the Metra tracks, the project will yield a total of 343 for-rent units atop ground-level retail.

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The Habitat Company

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