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 Chicago Housing Authority has withdrawn requests for proposals for a high-profile seven-acre site near the northeast corner of Division and Halsted Streets.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

Loop North News

FREE WEEKLY EMAIL UPDATE

See what’s news in the Loop
and Near North neighborhoods of downtown Chicago.

Signup for our weekly email. No ads and no charge. Just enter your email address here...

Number of subscribers:
See this week’s update

More stories


Today
City Club of Chicago presents Kirk Lonbom, Acting Secretary of Illinois Department of Innovation & Technology. Londom serves as the state’s Chief Information Officer, leading a digital transformation in support of Governor Rauner’s vision for a more efficient, accessible, competitive, and compassionate Illinois. 11:30 a.m. reception, 12:00 p.m. luncheon. Maggiano’s Banquets, 111 West Grand Avenue. Cost: $50. Map. More info.

Thursday
McDonald’s Thanksgiving Parade on Thanksgiving morning, 8:00-11:00 a.m., along State Street from Congress Parkway to Randolph Street. More info.

Friday
Wreathing of the Lions. Kick off the holidays at the 26th anniversary of this Chicago family favorite. After adorning the lions on the historic Michigan Avenue steps with their traditional holiday wreaths, move inside at 10:30 a.m. for wreath-making fun inspired by the museum’s collection. Wreathing of the Lions is a free event. 10:00 a.m., Art Institute of Chicago entrance, 111 South Michigan Avenue. Map. More info.

More events

Biggest Gainers & Losers

CBOE HOLDINGS INC.
119.23 2.75

CME GROUP INC.
141.90 2.41

BOEING CO.
264.63 2.37

LITTELFUSE INC.
207.15 2.19

Downtown Chicago Stocks