The Chicago Housing Authority (CHA) has unveiled a finalized master plan for the redevelopment of the former Cabrini Green sites on the Near North Side. Earlier this year, we covered three proposed development schemes with varying densities presented to the community. After receiving feedback, an updated plan was presented this week ahead of its implementation next year.
The future of the mixed-use development at 1840 N Marcey Street in Lincoln Park remains murky as its zoning approval is differed again. Located just east of the future home of Lincoln Yards, the project would replace a large commercial building but preserve the curved tracks shaping the southern end of the site.
Additional funding has been announced for the residential phase of the LeClaire Courts redevelopment at 4458 S Cicero Avenue in Garfield Ridge. Earlier this month we covered the project’s initial financing deal of $5.5 million in TIF, it has now received a large capital loan from the Chicago Housing Authority (CHA).
Initial massing and density studies have been presented for the potential redevelopment of multiple Cabrini Green sites within the Near North Side. Roughly bound by W Chicago Avenue to the south and W Schiller Street to the north, if fully completed the project will eventually replace multiple vacant lots near downtown.
Updated details and renderings have been revealed for the mixed-use development at 1840 N Marcey Street in Lincoln Park. Sitting just east of the future home of Lincoln Yards, the lot is currently occupied by a commercial building bound by curved railroad tracks to the south. Similar to Lincoln Yards, this project is also being led by developer Sterling Bay.
