Target store opening on former Cabrini-Green site

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A 190,000-square-foot Target store is ready to open tomorrow on the former site of the Cabrini-Green housing project.

The store’s opening takes place nearly a year after construction began and more than two years after the last Cabrini high-rise — a stark symbol of Chicago’s failed public housing initiative — was torn down.

Minneapolis-based Target Corp. picked up the 3.6-acre site around Division and Larrabee streets on the Near North Side in a 2012 land swap with the Chicago Housing Authority. In exchange, Target spent $8.8 million on a parcel just north of there and turned it over to the CHA.

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Read more in Crain’s Chicago Business.

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