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Habitat JV Breaks Ground on Fulton River Apartments
The Habitat Company and joint venture partner Diversified Real Estate Capital, LLC, held a groundbreaking ceremony Monday for Cassidy on Canal, a 33-story, 343-unit Class A rental tower at 350 N. Canal St. in Chicago’s Fulton River District. First move-ins are expected in spring of 2024.
“It is always with great anticipation that I look forward to this day when the shovels go into the ground and construction commences on a pioneering new development like Cassidy on Canal,” said Habitat founder and chairman Daniel Levin.
Located on the west side of Canal Street, the 350 N. Canal site was formerly home to the Cassidy Tire building. Habitat plans to integrate some of the property’s original bricks into the buildout of the new community.
The project is Habitat’s latest residential development in the neighborhood, following Kinzie Park in 2001, Kingsbury Plaza in 2007 and Hubbard Place in 2014.
- ◦Development


