New construction permits have been issued for more residential structures as part of Parkside of Old Town Phase III. Approved alongside the larger multifamily building at 520 W. Hobbie and the small building at 542 W. Elm, these structures will stretch along N. Cambridge Ave and N. Cleveland Ave between W. Hobbie St and W. Elm St. Developers Holsten Real Estate Development Corporation and Cabrini Green LAC Community Development Corporation are collaborating on the project.
Designed by Brook Architecture, the two residential buildings have been designed as three-story walk-up buildings with two-story townhomes attached. Arranged to define the street edge, each building will be built of precast concrete with varied heights and steps in elevations to break up the scale along each street. Each walkup portion will have 9 units with three individual attached townhomes, adding 12 units to each side of the site for a total of 24 new residential units.
Both buildings will have access to parking spots in the shared surface lot on the interior of the property that will be shared between the two buildings and the larger structure at 520 W. Hobbie.
With permits issued for these buildings and the other structures in Parkside of Old Town Phase III, general contractor GMA Construction Group can begin building all of the buildings in this new phase of development and work through completion.