Luxury 72-unit Condo Project Slated for Hubbard Headquarters Site in the West Loop
Posted by Leo Clark. on Sunday, January 27th, 2019 at 8:57am.
Hubbard Street Dance has sold its headquarters in the West Loop to developers that are planning to erect a 72 unit condominium complex on the site.
Belgravia Group and JRG Capital Partners have acquired the property at 1147 W. Jackson Blvd. The duo plan to start marketing the new condo project in February and aim to break ground later this fall. Over the past decade, the firm has built five projects in the West Loop under its CA brand, which feature spacious 3-bedroom, 3-bathroom units. Belgravia and JRG anticipate the condos, which will average around 2,150 sq. ft. to be priced around the mid $800,000's according to a recent press release.
The Hubbard site project is close to large employment hubs like the Illinois Medical District and the Fulton Market neighborhood and will have close proximity to shopping, cafes, and the helpful neighborhood amenity of the super Target store.
Belgravia Group has been one of the most successful condominium developers within the West Loop over the past few years and strive to further develop the area. They are also preparing to break ground on a 66-unit luxury condo building, Triangle Square, located at 1701 W. Webster St.
Further updates and news on this project will be available in the coming months.