Full funding has been secured for the residential development known as Parkside Phase III, located at 520 W Hobbie Street in the Near North Side. Spanning nearly a full city block, bounded by N Cambridge Avenue to the west and N Cleveland Avenue to the east, the affordable housing project is being led by Holsten Real Estate in partnership with the Chicago Housing Authority.
A full build out permit has been issued for the mixed-use affordable housing development at 2909 W Irving Park Road in Irving Park. Located mid-block between N Richmond Street and N Francisco Avenue, the new structure would replace a vacant lot along the busy corridor. Efforts for the project are being led by Full Circle Communities and Visionary Ventures.
The Chicago City Council has approved an affordable housing development at 5853 N Broadway in Edgewater. Located near the intersection with W Thorndale Avenue, the project was first unveiled nearly three years ago and has undergone multiple rounds of community input. It received Plan Commission approval just a few weeks ago.
A new RFP has been issued for a large parcel of land at roughly 1450 N Larrabee Street within Cabrini Green. Located on the intersection with N Clybourn Avenue, the wedge-shape lot had a previous proposal reviewed by the city back in 2023. However, the Chicago Housing Authority (CHA) is back to the drawing board and seeking proposals for the property by this May.
Plans for the next phase of the affordable project dubbed Harvest Homes are moving forward as a zoning application has been applied for. Harvest Homes II Apartments is located at 3456 W 5th Avenue on the corner with S Homan Avenue within East Garfield Park, sitting just east of the project’s multi-building first phase completed in 2017.
