Nestled between Lincoln Park and the Gold Coast, two of the most affluent neighborhoods in the city, is the project, Cabrini Green. Walk less than 10 minutes from a swanky hood and you’re in another world. But The Chicago Housing Authority is dishing out $1.6 billion to bring two hoods even closer.
Here’s the idea: mixed-income housing. It makes sense. It’s an area that’s grossly undervalued. The developer that bought it paid $5.5 mil—about half the price of a piece of land just down the block. The plan, which is set to be completed by 2015 will have 25,000 new units. Currently, only 16,000 have been built or rehabbed. But how do you define a successful mixed-income housing development? One Harvard Master of Public Policy student states the goals these developments in his 2002 study:
D Deter negative behavior (gangs, drug deals, crime)
-O Offer more life chances
Rebuild communities
Have other mixed-income housing developments worked?
Lake Parc Place here in Chicago succeeded in attracting moderate-income working households who overall felt safe and satisfied with their living experience, but interaction between project residents and non-project residents remained minimal. Sure, they’ll greet each other in the halls, but watching each other’s children is a rarity. There are still more questions than answers when it comes to evaluating whether these kind of projects work, but progress requires change.
''For the last 30 to 40 years,'' said Mr. Peterson of the Chicago Housing Authority, ''we've isolated public housing residents socially and economically. But the residents are ready for a change. We want to integrate them back into the fabric of the community.'' http://archives.cnn.com/2000/US/08/15/chicago.cabrini.reut/index.html (2000)
But they won’t all be integrated. Those that want to stay must past rigorous screening tests and when the process is complete, there will be 14,000 fewer public housing apartments in the city. Where will the other project residents go? The city has been trying to find private housing for the residents with mixed success.
Even one of the developers said: "It's going to be tight. It's going to be really tight."
"This is a crisis. Mixed income isn't the answer. It's not going to accommodate. It's a fraction of the need,”said Candice Howell, former Vice President and director of the screening of Holsten development company.
What’s your take on The Parkside of Old Town?
Sources:
http://www.suntimes.com/news/metro/692580,CST-NWS-cha12.article (December 12, 2007)
http://chitownliving.com/2007/11/15/parkside-of-old-town/
http://www.fanniemaefoundation.org/programs/hpd/pdf/hpd_0904_vale.pdf
http://www.parksideofoldtown.com/
http://chicago.craigslist.org/chc/apa/506890832.html
http://www.cbsnews.com/stories/2002/12/11/60II/main532704.shtml
http://chicago.craigslist.org/chc/apa/505243962.html
http://chicago.craigslist.org/chc/rfs/505850443.html
http://chicago.craigslist.org/chc/rfs/504936289.html