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.
Initial details have been revealed for the second phase of 43Green at 301 E 43rd Street in Bronzeville. Located on the corner with S Prairie Avenue adjacent to the CTA Green Line 43rd station, the new Landon Bone Baker Architects-designed building will replace a one-story commercial building presently on the site. The project comes to us from co-developers P3 Markets and The Habitat Company, the same team behind the nearby first phase that began site prep earlier this year.
This week, the Chicago-based developer known as The Habitat Company announced its acquisition of 344 N Canal Street, which will give rise to a new 33-story mixed-use tower in the Fulton River District. The joint project with Diversified Real Estate Capital, LLC is set to yield a ground-level retail component and a total of 343 rental units. Unit layouts will vary in size between studios, one-bedrooms, and two-bedroom residences.
Construction is rapidly rising for a new 10-story mixed-use development known as 43Green, situated at 4308 S Calumet Avenue in Bronzeville. Co-developers P3 Markets and The Habitat Company have planned 5,000 square feet of retail and a total of 99 apartments on the upper floors. Size-wise, the structure will stand at a pinnacle height of 106 feet, while spanning just over 96,000 square feet.
A caisson permit has been issued for a new 10-story mid-rise, known as 43Green, located at 4308 S Calumet Avenue in Bronzeville. This mixed-use development, co-planned by The Habitat Company and P3 Markets, will offer 5,000 square feet of commercial space, along with 99 apartments on the above floors. Of these units, 50 will be designated as the affordable, while the remaining residences will be market rate. Layouts range from studios up through two-bedrooms.
