Parkside of Old Town


Partial Funding Approved For Parkside Phase 3 In Old Town

The Community Development Commission has approved partial funding for the residential development at 520 W Hobbie Street in the Near North Side. The new structures at the nearly full-block project will expand the existing Parkside of Old Town complex. Developer Holsten Real Estate is working with the Chicago Housing Authority and Cabrini Green Community Development Corporation, tapping local firm Landon Bone Baker Architects for the design.

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City Council Approves Next Phase Of Parkside Of Old Town Development

The Chicago City Council has approved the next phase of the Parkside of Old Town development in the Near North Side. Coming soon after receiving its approval from the Plan Commission mid-December of 2022, with this the proposal has now cleared all the necessary city hurdles prior to commencing work. Developer Holsten Real Estate is working with the Chicago Housing Authority on the affordable project that is being designed by local firm Landon Bone Baker, who have also done some of the previous phases.

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Plan Commission Approves Affordable Housing In Near North Side

The Chicago Plan Commission has approved the next phases of the Parkside of Old Town development in the Near North Side. Located on two separate lots near each other at 542 W Elm Street and 520 W Hobbie Street, the multi-building plans will continue to grow on the affordable housing offered on the former site of the Cabrini Green complex. Developer Holsten Real Estate is operating under the Parkside name in collaboration with the Chicago Housing Authority and the Cabrini Green Community Development Corporation which have tapped local firm Landon Bone Baker Architects for their designs.

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Elm 551 at Parkside

Construction Nears Completion for Elm 551 at Parkside in Near North Side

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.

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