The area directly adjacent to and surrounding the former Cabrini-Green site continues to develop, and now an 18 story 240 unit apartment tower will be coming to Division Street. Initial plans to build the checkered-glass tower across the street from the new Target were floated just over a year ago, and now Crain's has reported that the developer, Gerding Edlen, has secured $45 million to get the project off the ground. Previous reports suggested that the tower will be looking to receive a LEED Gold certification and a mid-2015 delivery. The former Cabrini-Green site has been a hotbed for development activity, and several other towers in the pipeline are looking to get in on the action.
·After fall of Cabrini towers, 240 apartments going up across the street [Crain's]
·18-Story Checkered-Glass Tower To Plant Opposite Target [Curbed Chicago]
·Previous Cabrini-Green coverage [Curbed Chicago]