Details have been revealed for a new proposal at 1450 North Larrabee Street in the Near North Side. The new plans follow the previous development team’s withdrawal from the project and the city’s issuance of a new RFP earlier this year. This time, efforts are being led by Evergreen Real Estate Group and KLEO Enterprise, in collaboration with the CHA.
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.
An official ribbon cutting was held yesterday for the completed first phase of Encuentro Square in Logan Square. Made up of two buildings at 3759 W Cortland Street and 1844 N Ridgeway Avenue, the project sits at the western end of the 606 Trail and at the nexus of Logan Square, Hermosa, and Humboldt Park.
Funding has been secured for the second residential phase of the Ogden Commons development in North Lawndale. Located at 1312 S Talman Avenue, this would join the first residential phase directly behind it as well as the development’s first structure along W Ogden Avenue.
Additional funding has been announced for the next phase of the Lathrop Homes redevelopment around 2712 N Hoyne Avenue. The money comes in the form of an enlarged TIF pool recently approved by the city, increasing the project’s TIF funds up to $60 million. This next phase will focus on the southern end of the former housing project.
