We're excited to share some great news about our Oak & Larrabee project in Cabrini-Green! The Committee on Finance has approved $14 million in tax-increment financing (TIF) funds for this mixed-income housing development at 955 N. Larrabee St., a currently vacant lot owned by the Chicago Housing Authority. The new building will offer 78 units, 54 of which will be affordable. Residents will enjoy a range of amenities, including 39 indoor parking spots, 45 indoor bicycle spots, a community room, a fitness center, and a second-floor outdoor patio. To learn more about this project, check out the following links:
RENDERING REVEAL AND DEMO PERMIT FOR 424 SOUTH WABASH
We’re excited to announce the development of a new 23-story hotel in Chicago’s Loop. Located at 424 South Wabash, the hotel will offer 340 rooms.
This week, a demolition permit was issued to clear the site in preparation for construction. Once complete, the hotel will stand 252 feet tall, with a restaurant on the first floor and a dedicated amenity floor on the third level. Its prime location ensures easy access to the city’s top attractions, business districts, and cultural landmarks, promising a redefined guest experience in Chicago. Stay tuned for more updates on this fantastic project!
Starting off the year with some new updated photos of Paseo in Austin, Texas! Since these photos were taken, the tower crane and exterior hoist way have both been removed to continue with the completion of this project. Paseo offers access to entertainment and the thriving cultural district in Austin by being just steps away from restaurants, bars and music venues that make Rainey Street stand out. Stay tuned for more updates on this project, coming your way soon!
