Additional funding has been announced for the residential phase of the LeClaire Courts redevelopment at 4458 S Cicero Avenue in Garfield Ridge. Earlier this month we covered the project’s initial financing deal of $5.5 million in TIF, it has now received a large capital loan from the Chicago Housing Authority (CHA).
A residential development at 4907 North Paulina Street that came to light in February of this year received its new construction permit from the City of Chicago on August 27. Slated for construction is a four-story, 32-unit building from developer Hayes Properties and Dale Foster Architects. The permit, which was applied for in October of 2023, estimates construction costs at $3 million. Moments Notice Services has been hired to be the general contractor; their MNS banners hang on the construction fencing surrounding the property.
The Chicago City Council has approved the redevelopment of the structure at 1934 W North Avenue in Wicker Park. Located on the corner with N Winchester Avenue not too far from The Robey, the project would restore a large portion of the building’s character. Efforts for the development are being led by Envoi Partners LLC.
Four demolition permits were issued by the City of Chicago Monday for 651 West Chicago Avenue, or what used to be the Chicago Tribune Freedom Center. This is the second phase of demolitions making space for Bally’s Chicago Casino, after a single-story metal building at 700 West Erie was demolished earlier this month. Brandenburg Industrial Services is the demolition contractor for the casino project.
Financing has been secured and a groundbreaking date announced for the upcoming mixed use development at 1549 N Fremont Street in the Near North Side. We recently covered the project’s approval process that culminated in construction permits being issued earlier this month. With those in hand, we now also have an official groundbreaking timeline as well.
