I love this quote, since when does more lawyers mean less controversy?
“We're going to keep our word,” Peterson said. “Residents are going to move out, but we're going to make sure they move back. In order to rehabilitate the community, you have to move people out.”Kelvin Cannon, president of the local tenants' advisory council at Cabrini, said his initial concerns about Cabrini residents being run out of the area have so far been eased.
“There are too many lawyers involved for this to go wrong,” he said.
If one believes that the earth has a memory, Cabrini-Green might not be the best place to purchase a $400,000 condominium. The ghosts might be a little resentful. We drove through that area a few months ago, and some woman was attempting to take photographs until a rock-throwing youth drove her away. So, all isn't peaches and clotted cream, yet.
Chicago Tribune news : Business :
Residents of the revamped Cabrini-Green public housing complex will share in millions of dollars expected to come from a 718-unit mixed-income development planned for the site, officials said Monday. As part of a court settlement, tenants' organizations will have control over a third of the proceeds to use for education and social services. The development, to be called ParkSide of Old Town, will break ground early next year on Cabrini-Green land that is governed by a federal consent decree between residents and the Chicago Housing Authority.
Residents of the revamped Cabrini-Green public housing complex will share in millions of dollars expected to come from a 718-unit mixed-income development planned for the site, officials said Monday.As part of a court settlement, tenants' organizations will have control over a third of the proceeds to use for education and social services.
The development, to be called ParkSide of Old Town, will break ground early next year on Cabrini-Green land that is governed by a federal consent decree between residents and the Chicago Housing Authority.
At a ceremony Monday, officials unveiled a model of the development, which the CHA board is expected to approve Tuesday.
Built between Orleans and Larrabee Streets on the east and west and Division and Oak Streets on the north and south, the development will be a mixture of public housing, private apartments affordable for working-class families and homes sold at market rates in the area bordering the Gold Coast.
...
In the agency's $1.6 billion Plan for Transformation, more than 4,600 families have been moved from their public housing units since the late 1990s and into government-subsidized private apartments.Some activists have predicted that many families would be unable to move back to the newly built communities, a forecast more painful in the Cabrini neighborhood, which has a new shopping center and several new town home developments within walking distance of Gold Coast restaurants and bars.
