The Chicago Plan Commission has approved a residential development at 1333 N Kingsbury Street in the Near North Side. Located just west of the intersection with N Halsted Street, plans for the slender mid-rise were revealed earlier this year by the development team, which consists of ZSD Corp and Structured Development.
Full funding has been secured for the residential development known as Parkside Phase III, located at 520 W Hobbie Street in the Near North Side. Spanning nearly a full city block, bounded by N Cambridge Avenue to the west and N Cleveland Avenue to the east, the affordable housing project is being led by Holsten Real Estate in partnership with the Chicago Housing Authority.
A permit has been issued by the City of Chicago to begin construction of a five-story, 12-unit building at 515 West Elm Street in the Cabrini-Green neighborhood on the Near North Side. Cabrini LLC of Northwoods, IL is named as the developer. They filed an application for the permit on January 20 of this year, and it comes with a reported cost of just over $4 million.
Plans have been revealed for the residential conversion of the existing commercial building at 1500 N Halsted Street in the Near North Side. Located at the northwest corner of Halsted and West Blackhawk Street, the project is just steps away from other proposals at 1333 N Kingsbury Street and 1565 N Clybourn Avenue.
Construction crews continue to work at ground level of Parkside Phase III on the Near North Side. On a previous visit in December, site prep was underway, as excavators began tearing up concrete and asphalt that used to cover the lot. Now, they’re progressing on foundation work for the three entities that comprise the third phase.
