Only final touches remain for Elm 551 at Parkside, a three-building apartment complex at 551 W Elm Street in Near North Side. With Holsten Real Estate Development Corporation as the developer, the project is the latest milestone in a broader mixed-income masterplan known as Parkside of Old Town.
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.