2 New Condo Buildings Proposed For Red Hot West Loop
Posted by Leo Clark. on
The West Loop development boom continues as reports have now surfaced about developers proposing two new condo buildings near the recently demolished Harpo Studios.Â
According to a recent post from DNAInfo, Peerless Real Estate Investments is hoping to bring two separate residential projects to 19-27 N. May Street and 1111 W. Washington Boulevard, which are two locations that are essentially right in the heart of Chicago’s West Loop neighborhood.Â
Although plans are just now being presented to the community, the buildings would each stretch 9 stories high and each include 28 individual condo units if approved. In addition, developers are also planning for each unit to include between three and four bedrooms, with fairly large terraces connected to…
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Back towards the beginning of last summer, developers announced plans to build a luxury 27-unit condo building right across the street from Groupon’s headquarters at 600 W. Chicago Avenue. Since then, there’s been hardly any movement whatsoever with the project, and it appears now that Chicago-based Domus Group is switching gears and developing a totally new rental building instead.
River North is home to some pretty extravagant condo buildings, and as you may have noticed, its inventory of available units just got a little broader. Although strongly opposed by nearby neighbors because of safety-related concerns, condos at the controversial 403 N. Wabash development have now hit the MLS, all but making the project official.Â
The Ritz Carlton Residences at 118 E. Erie are easily considered to be some of Chicago’s most luxurious condo units, which is why recent price cuts are worth taking note of if you’re in the market for a new unit.Â
After so long, sometimes the goal of a home or condo seller is to just make something happen—and that appears to be the case with the Vince Vaughn penthouse over at The Palmolive Building, which feels like a property that has been on the market forever.
Plans for a very impressive new project that could potentially bring a new high-rise to the highly coveted air rights space of Union Station have once again popped up on the radar, as first reported by both Crain’s and Curbed early last week. Â
Many of us have known for awhile now that Wrigleyville is changing. The mega Addison Park on Clark development is finally getting underway after first being proposed all the way back before the worst of the recession, and a band new hotel is already under construction where the old McDonald’s used to sit near the famous intersection of Clark and Addison.Â
A hot new listing in one of Chicago’s most luxurious building is making headlines—the 87th floor penthouse at beautiful Trump Tower. An expansive unit that includes a whopping 6,850 square feet of living space, there are few condos in all of downtown Chicago that reach this level of luxury.Â
The future of Chicago’s newest luxury tower officially starts today. In case you haven’t heard, groundbreaking for the city’s stunning new Vista Tower begins today, which when finished, will bring a collection of fabulous new hotel rooms and luxury condo residences to a prime location right alongside the Chicago River.Â
A fancy new condo development is seeking city approval that will no doubt feature some of River North’s coolest new condo residences once finished. What was originally planned to be a 10 story development from MCZ Development is now a pretty slick 12 story development from Chicago-based LG Development.Â