As Cabrini-Green continues its march into history books, new residential developments are springing up throughout the 65 acre site of the former public housing project. Enter the Parkside of Old Town development, which is bringing hundreds of new residences to the former Cabrini-Green site. The first couple of phases of the development started a few years ago, but now Holsten Real Estate Development and the Local Advisory Council of Cabrini plan on starting the next phase of the project, which will bring even more new apartments and townhouses to the area. In total, 106 apartments and seven townhouses will make up the new Phase IIB complex, with 36 units reserved for CHA residents, 27 units at affordable rental rates, and 43 apartments will be rented at market rate. 94 apartments will be housed in a nine story building, with the seven townhouses connected to the back of the building. A second three story building will be situated nearby, with the remaining 12 apartment units. Designed by Landon Bone Baker Architects, the new mixed-income development is certainly a departure from the monolithic towers that once stood at the site.
As some of the residents noted in response to plans from the city to tear down the high-rises, this is some valuable property. At the same time, this isn’t a “huge” development and one of the images showing the new buildings suggests there is still a good amount of land left in the area for even more development.