With its construction permit now issued, a new mixed-use development is set to rise in the center of Lincoln Square at 4715 N Western Avenue. This six-story building, led by The Community Builders, will integrate both retail and new affordable units into what is currently a parking lot.
Initial details have been revealed for the next phase of the Cabrini Green redevelopment at 1450 N Larrabee Street in Old Town. Located towards the western-most edge of the neighborhood, the large wedged-shaped lot is bordered by angled N Clybourn Avenue on the west side. The project is being pushed by the Chicago Housing Authority with a development group made up of Pennrose Properties, Hunt Companies, Imagine Group, and a Cabrini-Green resident group, with JGMA serving as the architect.
The 28-story hotel at 150 E Ontario Street has risen to approximately the two-thirds mark in the Streeterville neighborhood. The development, led by The Prime Group, will be a new addition to the RIU Hotels and Resorts chain. The 345-foot-tall structure will have 388 guest rooms, with a large lobby area and a connected cafe at the southeast corner of the ground floor.
A renovation permit has been issued for a residential upgrade at 5411 N Campbell Avenue in the Budlong Woods neighborhood. The renovation plan, whose exact timeline has not been mentioned, involves converting the pre-existing six-unit residential structure into an eight-unit complex, in line with the Additional Dwelling Unit (ADU) program. Matthew Cremins is the owner of this project.
The mixed-use development known as “Cassidy on Canal” is close to reaching its full height of 355 feet at 350 N Canal Street in Fulton River District. The structural work for this 33-story building, a product of collaboration between The Habitat Company and Diversified Real Estate Capital LLC, is scheduled to wrap up by the end of July, McHugh announced this past week.
