City delays development of former Cabrini-Green site
Loop North News

Real Estate

(Above) Google satellite view of lot near north branch of Chicago River. A Target department store is visible at right.

8-Sep-17 – Development of a key intersection in a booming area near the north branch of the Chicago River will have to wait. Chicago Housing Authority has withdrawn requests for proposals for a high-profile seven-acre site near the northeast corner of Division and Halsted Streets.

The area used to be part of the 23-building Cabrini-Green housing complex, torn down beginning in 1995 and gone except for a small group of row houses that were built in the 1940s.

Two other sites that were once part of the historic and notorious 65-acre complex will be developed but the city says it needs more time to “consider how best to approach the large mixed-use residential and commercial development that is envisioned” for the Division & Halsted property. Zoning for the site would permit at least 436 residential units and retail space.

Holabird & Root (Left) Architecture firm Holabird & Root designed this mixed-use project – its future now in doubt – for the site for local developer Peter Hostein. It included two nine-story towers containing townhomes and retail space. (Click on image to view larger version.)

One of the two sites, 482 units of mixed-income housing, will be built on a 6.9-acre site near Larrabee Street and Clybourn Avenue. Texas-based Hunt Development Group plans to start construction by the end of 2018.

By Steven Dahlman | Loop North News | sdahlman@loopnorth.com

Published 8-Sep-17 2:39 PM

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