More news on the apartment-front in downtown Chicago as plans for a brand new tower near the old Cabrini Green site were approved late last week. The developer of the project, Fifield Companies, hopes to begin construction on the new tower before next year, which will stand 29-stories high and house 310 rentals. The new Cabrini-Green apartment building at Chestnut and Orleans Street will also have 170 parking spaces, but will be situated just a couple blocks from the Chicago Brown Line CTA station for those relying on pubic transportation. In a recent article on Curbed, this specific location was directly chosen to attract the new influx of technology professionals working at Groupon, Lightbank, Motoroloa, and an array of new startups that are redefining River North into Chicago's tech-hub.
Other River North rental projects currently in the works include a 38-story tower at 720 N. LaSalle Street, which would also include 12,000 square feet of retail space, an amenity deck with a green-roof and pool, and a tree-lined 8,400 square foot public park space; and a 41-story, 444-unit tower at 167 W. Erie Street at the current Gino’s East location.