September 2015

There are 5 blog entries for September 2015.

An impressive new proposal is making headlines, as a joint venture between CMK and Australian-based Lend Lease has been unveiled that would potentially bring 900 more housing units to the South Loop, just south of River City.

Already planned by the same developers are 2,700 homes just north of River City on a riverfront site that’s now being called “River South.” If both developments move forward, the entire South Loop landscape could be dramatically different by the time construction wraps up, and that’s a good thing for a downtown neighborhood that was arguably impacted the most by the recent housing crash that started back in ’09.

Complete details about the latest addition to CMK and Lend Lease’s plans are still sketchy, but what we do know is that

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Lincoln Park New Construction

Another day, another development proposal for Chicago. According to a recent report from Curbed, a developer has recently unveiled plans to redevelop the large industrial building at Wrightwood and Hermitage in Lincoln Park that was most recently a large outlet store for Tag Furnishings.

If all goes according to plan, Broder Lincoln Park LLC would replace the industrial, loft-style building will two new four-story buildings that would be a mix of both rentals in one building, and condos in the other.

Already surrounded by luxury townhomes and up-scale single-family dwellings, the projects would also offer very spacious residences, with the average size for each condo unit having about 2,500 square feet, and the average rental offering about 1,250 square

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Although news about a new luxury tower coming to 9 W. Walton in the Gold Coast only first broke back in March, the upscale condo tower known simply as No. 9 Walton is now already 50% sold despite first units not even expected to deliver until the summer of 2017.

Being developed by JDL and located on the corner of State and Walton, No. 9 Walton is the epitome of luxury living in Chicago’s iconic Gold Coast neighborhood. Its elegant design blends in seamlessly with all the historic and mesmerizing architecture that surrounds this part of downtown Chicago, while inside, only 66 ultra-exclusive residences will be offered over its 36 total stories.

Described by JDL as the city’s first “six-star” condominium development, top-of-the-line finishes and lavish

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Residential Towers Coming to the The Loop

A report from Crain’s earlier this week detailed some exciting news relating to The Loop—Chicago’s primary business and financial district. Although nothing is official, two major projects are currently in the works, with one tower that’s being proposed for the corner of Clark and Lake Streets potentially standing 83 stories high and housing 600 hotel rooms and 300 apartment units.

Just three blocks west, also on Lake Street, an additional tower is also being planned, which would stand 33 stories high and house an additional 265 apartment rentals. This particular tower is being developed by Thomas Roszak, who has already acquired the two parcels the building would need, and is hoping to break ground in the spring.

The primary advantage of each building

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151 N.Michigan Avenue

Just when you thought development around downtown Chicago couldn’t get anymore widespread, recent reports are detailing a unique proposal that would bring an ultra-slim, 41-story tower to Michigan Avenue just north of Millennium Park.

According to Crain’s, the new Loop tower would feature a mix of hotel rooms and full-time residences, and in a part of town that seems to be gaining a substantial amount of momentum with the opening of Maggie Daley Park and the announcement of the Mag Mile Apple Store moving further south to around this location, the idea seems to make a lot of sense.

As of now, it’s unclear whether the residences inside the building will rentals or condos, however, early plans call for about 74 units.

Initially, Park Ridge-based developer

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