Extended funding for the redevelopment of the remaining parcels of the former Cabrini-Green homes has been approved by the Community Development Commission in Near North Side. The first of the two separate vacant parcels just west of downtown, sits north on the corner of N Larrabee Street and N Clybourn Avenue, replacing the recently demolished Near North Career High School. The second parcel just south of the first sits on the northeast corner of W Division Street and N Halstead Street next to a Target that was developed on former housing property as well.
Construction is wrapping up for a mixed-income residential project known as Elm 551 at Parkside, located at 551 W Elm Street in Near North Side. Holsten Real Estate Development Corporation is behind the project, whose plans include a seven-story mid-rise and a pair of low-rise walk-up buildings. The site was previously occupied by a vacant grass lot that once formed part of the now demolished Cabrini Green homes. The undertaking is the latest phase of a larger development scheme known as Parkside of Old Town.
JDL Development has revealed plans for the proposed North Union development in Near North Side. Generally bounded by the CTA Brown Line tracks and W Oak Street, W Chestnut Street, and N Wells Street, the North Union site will span eight acres. Consisting of 15 buildings across the entire property, the design team includes Hartshorne Plunkard Architecture, Goettsch Partners, Latent Design, and Omni Workshop.