Chicago’s City Council has approved the financial framework for the second phase of the 43 Green development, a 10-story mixed-use development adjacent to the 43rd CTA Green Line station in Bronzeville. Positioned at 4309 S Prairie Avenue, the undertaking is to be located just west of the station, directly across from the first phase that was positioned on the east side of the tracks.
Ogden Commons, a $200 million masterplan that will bring new homes, shops, and health services to North Lawndale, is moving forward with its second phase. The Habitat Company, along with Sinai Health System, Alecko Capital, and the City of Chicago, announced that they have secured financing for OC Living’s first phase, a 92-unit building with predominantly affordable apartments. The project is located in the city’s largest opportunity zone, which means it will benefit from tax incentives and attract more investment to the West Side.
Structural work has passed the fourth floor for a new 33-story mixed-use tower known as “Cassidy on Canal” in Fulton River District. The 375-foot-tall structure, situated at 344 N Canal Street, will feature 343 apartments on its upper floors, alongside ground-floor retail space. The project is a collaboration between The Habitat Company and Diversified Real Estate Capital LLC.
Number seven in the year-end countdown is the 33-story mixed-use tower prepping to rise at 344 N Canal Street in Fulton River District. The Habitat Company and Diversified Real Estate Capital LLC are behind the 375-foot-tall structure, located on the former site of the five-story Cassidy Tire building. The high rise replacement, dubbed “Cassidy on Canal”, will provide 343 apartments on its upper floors, with ground-floor retail space available as well.
The Chicago City Council has approved the rezoning for the mixed-use development at 301 E 43rd Street in Bronzeville. Located on the southeast corner with S Prairie Avenue, the proposal replaces an existing commercial building with the second phase of the 43Green project for which Chicago YIMBY was able to speak with the architects last month. Developers P3 Markets and The Habitat Company are working with local designers Moody Nolan and Landon Bone Baker on the new affordable structure.
