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Old January 14th, 2006, 07:36 PM   #641
PrintersRowBoiler
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I like the idea of the cul de sac. I think all traffic from this area should access Roosevelt since a lot of people wont be people that know the streets here well and get confused by trying to get out on Clark and getting lost. Plus, the cars would have to go down 3 stories to get to the same level as Clark. It would be a weird transition. Plus more road to dedicate to the city. I am envisioning a row of townhomes blocking the view of the 3 story parking garage from Clark Street level (Amli Residential) and then the big tower. Would there be a second row of towhomes at the street frontage?

I found this article about the theater (old news but related). Centrum proposes 500,000 SF of retail!

http://ccchronicle.com/paper/citybeat.php?id=1949

Here is another article about the site in general. It shows 370 condos. It sounds like the entire north half (North of 9th) will be residential.

http://www.ccchronicle.com/paper/citybeat.php?id=1509

My question is does the proposed 9th Avenue go under or over the tracks? I would assume over since we are close to the river, but Polk Street does go under.
Just to clarify... that article was misleading about the width of 9th Street. 66' is standard city right-of-way width. It will probably be 28' back of curb to back of curb with sidewalk on either side, unless it has parking. Then it will probably be about 48' wide with 2 8' sidewalks (and the standard 1' on each side between the right of way line and the edge of walk).

That article puts Luay Aboona with the wrong company. He actually works with KLOA. Talking to people I know, I am under the impression that both roads were designed by an architect with little input from a traffic engineer. I am assuming that Luay Aboona was asked to attend the meeting as a consultant because his client anticipated abrasion from some of the neighbors regarding traffic. A lot of times these architects have big eyes and dont think of the technical aspects. I bet the details will change plenty of times before it is built.

The comments from that lady make me mad. They sound like they were stupid comments and probably only made the opponents of the project look stupider and with less merit. I wish I could have been there to help the developer talk about the flooding problems.
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Old January 15th, 2006, 12:07 AM   #642
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Old January 15th, 2006, 02:59 AM   #643
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That sucks. A lot.
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Old January 15th, 2006, 06:41 AM   #644
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..

Last edited by Loopy; June 14th, 2010 at 09:07 PM.
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Old January 15th, 2006, 09:13 PM   #645
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Quote:
Originally Posted by Loopy
What will it take to make this happen?
^ $$$$
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Old January 16th, 2006, 08:58 PM   #646
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Does anyone know anything about this development: http://www.1555wabash.com

The sign seems to have appeared on the site at some point over the last week. That corner really is ugly so anything would be an improvement, but it would be great to see something that's well done.
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Old January 19th, 2006, 08:08 PM   #647
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Early finish funded for addition at McCormick
West Building speedup for July '07 opening


By Kathy Bergen
Tribune staff reporter
Published January 19, 2006
http://www.chicagotribune.com/busine...i-business-hed

The West Building addition to McCormick Place will open eight months ahead of schedule, in July 2007, under an accelerated construction schedule that will boost the cost of the project by $3 million.

"It's a small additional investment to have an additional eight months to bring in business," said Leticia Peralta Davis, chief executive officer of the Metropolitan Pier and Exposition Authority, which owns and operates the massive convention center. The speed-up was authorized by the authority's board late last week and was made possible, in part, because of good weather conditions.

Overall, the project will cost $882 million, or close to 4 percent more than the $849 million specified in the construction contract.

About one-third of the additional cost will pay for a storm water tunnel, which the City of Chicago originally had planned to fund separately. And the remaining sum will cover upgrades to high-tech cables for video conferencing and to the piping for steam and chilled water, Davis said.

The add-ons fall within the approximately $52 million available for contingencies, she said.

The West Building, with 250,000 square feet of meeting space and 470,000 square feet of exhibition space, is designed to attract meetings with associated exhibits, rather than trade shows.

Association and corporate meetings tend to be planned several years in advance, but the authority is hoping the accelerated opening will allow it to land some shorter-range corporate meetings.

"It may allow them to slot in a New Orleans conference that couldn't be hosted, or maybe a last-minute booking," said Ted Mandigo, an Elmhurst-based hospitality consultant who tracks the convention business.

But the biggest gain, he said, "is more of a perception, or an image, of an ability to deliver. A reassurance to those who have booked into the new facility."

As to the cost overruns, he called them "very reasonable."

"I've seen a lot worse," he said. "And given that Hurricane Katrina has raised the cost of construction materials substantially, and put pressure on all the labor trades, this is an indication of pretty good management of this construction project."

The project was financed with $1.1 billion in bonds, backed by pier authority taxes on tourism-related businesses, and when those are insufficient, by state sales taxes.

Due to the slump in travel post-9/11, tourism taxes have been insufficient to meet the obligations, and the authority has had to use about $29 million in bond funding reserves to make payments, Davis said. This should bring the reserve balance to less than $1 million when the fiscal year ends June 30. So far, the authority has not had to tap any state sales tax.

The authority is considering refinancing the debt to reduce its annual obligation, but has not pursued that option yet. With the recovery in the travel business, tourism-related tax receipts are trending upward, Davis said.

At this point, she said, it's uncertain whether the trend will boost tourism taxes sufficiently to meet bond obligations in the coming fiscal year.

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Old January 19th, 2006, 11:21 PM   #648
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That's good to hear.
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Old January 20th, 2006, 01:30 AM   #649
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Is there a South Loop thread anywhere?

http://chicagojournal.com/main.asp?S...66&TM=66533.32

A sneak preview for South Loop theater, shopping plaza
Largely vacant area would be transformed by stores, highrises

By HAYDN BUSH
, Managing Editor

For now, the area west of Clark Street and south of Polk Street is largely a holdover of the South Loop’s underdeveloped past, with surface parking lots and empty lots taking up much of the available space in an area that stretches south to Roosevelt Road and west to Wells Street. But an ambitious collection of proposals in the area once known as LaSalle Park would transform the western South Loop into a retail destination, sporting a new movie theater as well as scores of new condos and apartments.

At a Grace Place gathering of South Loop Neighbors on Jan. 11, the developers and architects behind the some of the new plans unveiled them to largely warm reviews.

The largest development in the LaSalle Park area is owned by the Centrum development team, and would be built at the corner of Roosevelt and what will become an extended Wells Street. The Centrum team would create a mixed-use plaza of two-story retail buildings and five-story condominiums. Howard Hirsch, president of the Hirsch Associates architectural firm that is designing the development, said the project would feature a new road heading north from Roosevelt Road into the retail center, which would lead to a small public park. The centerpiece of the plans would be a movie theater owned by the Indiana-based Kerasotes Theaters, and would be surrounded by smaller, destination retail.

Greg Ciambrone, vice president of the Walsh Group, which will construct the project, said the original planned development for the area, which was approved in 2003, originally called for 3,600 condominiums, but that after the success of the Target at Roosevelt and Clark, the
developers decided instead to emphasize retail development, bringing the number of condo units down to 1,800.

"This evolved to be a retail-driven development," Ciambrone said.

Ciambrone added that the development would require the construction of a new stretch of Ninth Street heading west from Clark Street, as well as an extension of Wells Street, which currently peters out into parking lots just north of Roosevelt Road. The mixed-use project mirrors the current plans for the 63-acre Riverside Park area south of Roosevelt Road, though that project is on hold at present.

The Centrum development got largely favorable reviews from the overflow South Loop Neighbors crowd last week, and later this week, South Loop Neighbors president Leslie Sturino said she was pleased to see so much retail planned for the area. Sturino said she was particularly interested by the prospect of a full-service movie theater in the South Loop, which has not had a theater since Burnham Plaza closed in the summer of 2005.

"I think the Centrum proposal is very exciting," Sturino said. "This is going to bring a lot of vitality to the neighborhood."

The SLN gathering also saw the unveiling of plans for a glassy, 23-story rental high-rise proposed for Ninth and Clark, by developer Steve Ross, of 900 S. Clark Associates. Ross, who said the project includes seven for-sale town houses along with 440 apartments, said he expected to market the apartments largely to young professionals and graduate students, with rents starting at $1,160 for the studios.

"It’s less than the Gold Coast, but these are strong rents for this area," Ross said.

The project will include only 270 parking spaces, but Ross said he expected that many of the residents would be carless.

"Our residents will walk to work, and our residents will walk to the Centrum project," Ross said.

The apartments are largely studios and one-bedrooms that are roughly 800 square feet, though 10 percent of the apartments will be three-bedroom apartments.

"There is a significant retail market for larger apartments," Ross said.

One audience member said that while he was impressed by the glassy design of the new building, he worried that renters might not take care of their apartments, and said he would prefer to see condos there. But Ross said that the neighborhood, which recently saw the Printers Square building converted into condominiums, was short on apartment buildings.

"So many rental apartments have been converted into condos," Ross said.

And Sturino said she has long been an advocate of apartment buildings in the South Loop, saying that rentals often introduce new residents to the neighborhood who later end up buying condos.

"I think rental is a very important component of any residential mix," Sturino said. "People can try out a neighborhood and understand how it’s like."
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Old January 20th, 2006, 04:19 AM   #650
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^ I'm lovin it.

A question about Trio:

Looking at the renderings of Trio, it begs a very important question.

The renderings seem to suggest that the retail in Trio will face a rear parking lot. Is this true? I was under the impression that there will be some sort of street entrance to the retail. Can anybody shed some light on this?
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Old January 20th, 2006, 05:29 AM   #651
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Quote:
Originally Posted by spyguy's article
The project will include only 270 parking spaces, but Ross said he expected that many of the residents would be carless.
That's the spirit! I like that they're including apartments, too.
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Old January 20th, 2006, 07:12 AM   #652
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I am guessing Trio is the name for the three condo buildings by Concord Homes at Polk and Clark. This is very exciting. The apartments fill a need for rentals in this neighborhood with the loss of Printers Square (356 units). I truly believe this will be the Lincoln Park of the South Side. If this goes to Wells Street, what will happen to the river stretch South of RiverCity?
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Old January 20th, 2006, 07:50 AM   #653
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Trio is at 650 West Wayman
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Old January 21st, 2006, 08:27 PM   #654
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Old January 23rd, 2006, 07:40 AM   #655
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From Columbia College Chronicle Online:

www.ccchronicle.com

Area development rush continues
New theater and retail in plans for new project
Eric Kasang
Assistant City Beat Editor

Mauricio Rubio/The Chronicle
Just south of the Loop lies the future site of several proposed multilevel retail buildings. One plan includes building a 16-screen multiplex cinema.
South Loop residents met with developers on Jan. 11 at Grace Place on Printers Row to discuss proposals to transform a garbage-strewn lot just northwest of the Roosevelt Road Target store into a multilevel residential and retail plaza.

The project site, which lies between Polk, Clark and Wells streets at Roosevelt Road, includes plans for a 16-screen multiplex cinema, tri-level parking and a multilevel residential and retail complex. One of the developers, Centrum Properties Inc., which is working on the property west of the railroad tracks at Wells Street, laid out plans for a bi-level retail storefront with five floors of residential units above.

Centrum Properties architect Howard Hirsch, of Hirsch Associates LLC, explained his idea behind the design, which is known as the Roosevelt Collection. He said that he had a very traditional plan for the space that contained cafes, restaurants and a layout where the retail stores would be accessible by foot to a couple recreational parks. Cascading staircases would link the retail plaza to the parks.

“It’s a very pedestrian-friendly urban landscape,” Hirsch said, adding that people will be able to walk from a park to the retail stores and plaza area.

Although the developers are still seeking approval from the city of Chicago, Hirsh noted that groundbreaking could begin as early as this year. However, the Roosevelt Collection project is still in the early stages of development; building and unit prices have not been determined yet.

AMLI Residential, another Chicago-based developer, plans on building a 23-story residential complex just east of the Centrum Properties project called the 900 South Clark Association, according to Stephen Ross, the executive vice president of development.

Ross said that it will contain 440 luxury rental units with a parking garage on top of it. Seven townhouses will be built near the parking lot so it will not be visible to people. The garage will have a green roof to cover the concrete.

According to Ross, 75 percent of the spaces will be either studio or one-bedroom units ranging from $1,000 to $1,100 per month to rent. Ross expects to attract young professionals and recent college graduates to this new complex.

“There is a demand for rental apartments, especially first-time renters, because there have been more condo unit conversions,” Ross said. He also explained that people want to initially rent because it’s cheaper, and if they like the area, then they’ll probably buy later.

The Walsh Group, a Chicago-based contracting and construction company, which owns the land, started parceling out pieces when Target opened in 2004. Gregory A. Ciambrone, the vice president of strategic investments for the group, said that Target helped push this project forward.

“The catalyst of all this was the development of the Target store,” Ciambrone said, explaining the momentum of other developers getting involved in building on the various plots.

For Dennis McClendon, the development chairman for South Loop Neighbors, a nonprofit community organization, said each new project, along with Target, is one of the many pieces that will complete this construction project.

Although South Loop residents raised some questions during an informal meeting on Jan. 11 about issues ranging from pedestrian accessibility to roadway construction costs to the installation of traffic controls, the developers said final details on construction projects are still being worked out.

For Joevanny Duran, 21, who resides on Chicago’s far South Side but works in the South Loop, the new developments seemed to be good for the neighborhood and not an example of gentrification. He said it would have been bad if other buildings were destroyed for the project.

“I don’t think it’s a bad thing,” Duran said. “It doesn’t harm any neighborhoods,” he said, regarding the project being contained to the vacant lot and not crossing over into other developed areas.

Duran, who has shopped at the Target on Roosevelt Road, thinks that people will visit the plaza and retail stores.

“A lot of people come downtown to buy things—even working-class people,” Duran said.

Bonnie Sanchez-Carlson, the executive director of the Near South Planning Board, said that she hasn’t heard any grievances about the project. She added that this project is going to provide a link for pedestrians from Canal Street to Printers Row. As for people moving from other areas of Chicago to the South Loop, Sanchez-Carlson said that this project will definitely be a draw.

“I think it’s going to be a great development,” Sanchez-Carlson said. “People will continue to come to the neighborhood because of all the commodities.”
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Old January 23rd, 2006, 11:40 PM   #656
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http://www.usatoday.com/travel/hotel...ht-brand_x.htm

Former Starwood chief launches luxury hotel brand

Barry Sternlicht, the former chief executive of Starwood Hotels & Resorts Worldwide, will launch a new luxury hotel brand called the Crillon, he said Monday.

The brand is being launched by Sternlicht's Starwood Capital Group, which is not related to his previous company. Sternlicht, who founded Starwood Hotels in 1995 and built it into a leading hotel group, left the company in 2004.

Sternlicht's new venture will open European-style Crillon hotels in major cities and resorts throughout the world, it said in a statement.

The Crillon's flagship is the Hotel de Crillon in Paris, which Starwood Capital acquired early this year when it completed its purchase of French luxury brand owner Societe du Louvre.

Crillon hotels will aim for a "one-of-a-kind luxury experience," said the company, competing with Starwood Hotels' upscale St. Regis brand.

-----------------------

They have many cities listed for this hotel, including Chicago.

I also wonder if the Waldorf=Astoria (which is becoming a chain I think) and St. Regis will come to Chicago. I mean, B37 still needs something, as well as Cityfront Plaza and 351 N. Clark project and who knows what else.
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Old January 24th, 2006, 01:07 AM   #657
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http://www.chicagotribune.com/busine...i-business-hed

New Construction

Chicago--Vetro, 611 S. Wells St., 31-story condominium complex, March 2006, $ 17.5 million.

Chicago--University of Chicago Hospital Pavilion, 57th Street and Cottage Grove, 600,000-square-foot medical pavilion, March 2007, $500 million.
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Old January 24th, 2006, 02:32 AM   #658
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Quote:
Originally Posted by spyguy
[B]
I also wonder if the Waldorf=Astoria (which is becoming a chain I think) and St. Regis will come to Chicago. I mean, B37 still needs something, as well as Cityfront Plaza and 351 N. Clark project and who knows what else.

Great .... what we really need in Chicago is a Waldorf Astoria right in B37 across the street from macy's around the corner from Chase bank across the river from the St. Regis as 351 N. Clark. Just great.
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Old January 24th, 2006, 02:57 AM   #659
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Doesn't bother me. NYC lost those two icons to other companies (like Hilton, Starwood) and they're now chains found around the country.
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Old January 27th, 2006, 03:20 PM   #660
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Not really sure where I should put this. It is a pretty good summary overview of new major developments in Chicago by the the Sun-Times real estate section today. If someone wants to move feel free....


http://www.suntimes.com/output/hlife...ews-big27.html

South Side rising again

BY LARRY FINLEY Real Estate Reporter

The South Loop and Near South Side will lead the 2006 parade of new housing in Chicago with more than 8,000 units getting under way.

Three major developments are to begin in the South Loop, with other new projects in the works along the lakefront.

"The South Loop housing market topped all other neighborhoods in 2005, capturing 46 percent of all new-construction condominium and town-house sales through the third quarter, and it looks like the volume might be even stronger in 2006," said Gail Lissner, vice president of Appraisal Research Counselors, which monitors the city housing market.

Other major, new buildings and developments will begin taking shape on the Near West and North sides, as well as neighborhoods such as North Lawndale, West Elsdon, McKinley Park, Old Irving Park/Mayfair and West Rogers Park.

The big projects include several new residential enclaves that are now under way or in the pipeline for the next two to five years:

SOUTH LOOP


Prairie Station District. A $500-million mixed-use residential and retail neighborhood, at 21st Street and Prairie Avenue.
A consortium of developers plan for more than 2,000 affordable and condominiums and town houses, new retail development, health clubs, movie theaters, restaurants and entertainment, according to William E. Warman, partner in Prairie Station LLC.

"Prairie Station is a logical southern extension of the Central Station neighborhood, bridged by the Prairie Avenue Historic District," Warman said. "Our emerging new neighborhood is a stone's throw from the western expansion of McCormick Place."

The eight-story Chess Lofts is a 119-unit adaptive-reuse loft building at 320 E. 21st St. The former recording studio and warehouse was owned by Chess Records in the 1950s and 1960s, Warman said.

Pre-construction prices range from $174,900 to the upper $400,000s, said Ellen Amerikan, sales manager for Garrison Partners, the sales agent. Parking spaces range from $34,500 to $37,500. Initial occupancy is scheduled for spring/summer 2007.

Sales also have opened for the Aristocrat Tower, a 24-story contemporary-style condominium development, plus six town houses, Warman said. The tower is named after Aristocrat Records, an earlier record-company name used by Chess Records, Warman said. The record-company name used by Chess Records, Warman said. The 146-unit new-construction high-rise features units priced from $149,900 to $899,900. The building will have a fitness center, roof-top terrace with grilling area and 24-hour doormen. The sales center is at 2028 S. Prairie Ave. Call (312) 528-1000.

A 225-unit condominium tower is planned at 2028 S. Prairie, Warman said. Plans for later phases also call for a pair of 260-unit condominium towers, plus a hotel and 170,000 square feet of retail space featuring a health club, movie theaters, restaurants and clubs. Eventually, the Prairie Station District and surrounding neighborhood will involve the development of more than 2,000 housing units.

The 96-unit Lakeside Lofts, a five-story new-construction loft condominium is being built at 2025-2035 S. Indiana, within the Prairie Station neighborhood, said co-developer Robert Frankel, partner in Frankel & Giles Real Estate. Prices start at $214,900 to $500,000. Call (312) 663-1500.

To the east, CMK Development is planning a 33-story high-rise with 498 condominium units at 1720 S. Michigan Ave. Prices are expected to range from $179,900 to $499,900. Sales are scheduled to open Feb. 4 from a sales center at 1430 S. Michigan Ave.

New West Realty is heading the joint venture planning 1555 Wabash, a 160-unit new-construction condominium development. The mid-rise will feature 1-bedroom, 2-bedroom and penthouse units. Prices have not been announced. A sales center is scheduled to open in March. Call (312) 922-1555.


The Roosevelt Collection. Centrum Properties is planning this major mixed-use residential development and lifestyle retail center on 14 acres bounded by Roosevelt Road and 9th Street, between Wells Street and the Metra tracks, west of the new Target store. Initial sales are scheduled to begin at mid-year.
The $1-billion Roosevelt Collection plan calls for 1,000 housing units including loft-style condos, two high-rises and more than 420,000 square feet of commercial space, including a 20-screen theater, retail shops, entertainment, restaurants and a major health club.

"About 300 loft condominiums are planned above nationally recognized retail shops in a series of five-story buildings overlooking sidewalk cafes and restaurants on a landscaped grand boulevard and vibrant pedestrian plaza," said developer John McLinden of Centrum Properties.

The Phase I loft condominiums and retail space would be elevated on the same level as Roosevelt Road and built on top of a 1,800-car parking garage.

"The shopping boulevard at the Roosevelt Collection would flow into a grand staircase leading down about 30 feet to a 3-acre public park," McLinden said.

A 30-story high-rise with 300 condominiums overlooking the park also is part of Phase I. Some 400 residential units in loft buildings and a 40-story high-rise are planned in Phase II which is targeted for completion in five years.


Riverside District. The initial phase of the Riverside District, a proposed mixed-use new neighborhood on the south side of Roosevelt Road between Clark Street and the Chicago River is expected to be launched in mid-2006 by a newly formed development team called Heritage Development Partners LLC.
Plans call for retail space, restaurants and other commercial uses as well as 4,600 residential units, from studio apartments, mid-rise and high-rise condominiums and lofts, to town houses and mansion row houses.

The $2.5-billion venture will utilize the 62-acre tract of undeveloped land along the south branch of the Chicago River south of Roosevelt Road to 16th Street and east to Clark Street, according to Alexandra Korompilas, director of sales and marketing for Heritage Development Partners, LLC.

The housing will range from the $200,000s to more than $2 million, including about 300 town houses starting in the $600,000s.

Some of the residences will be built over more than 700,000 square feet of retail space. Later phases will include mansion row houses and a series of mid-rises and luxury high-rise towers, each containing about 300 residences. Call (312) 328-1300. NEAR SOUTH SIDE


Eastgate Village. A total of 350 housing units are planned in this multiphase development just south of McCormick Place on the west side of Martin Luther King Drive from 25th to 26th streets. The developer is Mercy Developer LLC, a joint venture of Fogelson Properties, Cleveland-based Forest City Enterprises and New West Realty.
It includes town houses, condominiums and a 12-story seniors rental building with 180 units on 10 acres of land formerly owned by Mercy Hospital. The condos are planned in a 12-story to 15-story building, a rehabbed building and in three-story town-house-style buildings offering duplex and simplex floor plans. Condos and town houses are expected to be priced from the mid-$200,000s to $450,000.

Sales are expected to begin in early summer for a 40-unit condominium rehab to be called Cambridge Place at Eastgate Village. Call New West Realty at (312) 683-0660.

WEST ELSDON


Park Place Homes. This $70-million residential development of 211 single-family homes, town houses and 6-flat condominiums is planned around a 1-acre park at 51st Street and Lawndale Avenue near Midway Airport.
"With nearly 12 acres of land, Park Place Homes will be one of the largest residential developments to be built on the Southwest Side in 50 years," said developer Ted Mazola, of 5007 Lawndale Corp. and New West Realty.

Plans call for single-family houses with 2,000 to 2,700 square feet of living space, and town houses with 1,800 to 2,400 square feet of space. Condos will have 1,150 to 1,600 square feet. Sales are scheduled to begin in the summer. Call (773) 735-7533.

BRIDGEPORT


A major, new loft conversion is planned for Bridgeport at the former Spiegel clothing warehouse, at 1038 W. 35th Street. The project is yet another conversion by Dubin Residential, which is busy marketing its new Shoemaker Lofts, a former Florsheim shoe factory, at Belmont and Pulaski.
The Bridgeport conversion, as yet unnamed, is expected to open in May. It will have six stories with 155 lofts, with views of downtown and U.S. Cellular Field. Amenities will include a fitness center, doorman service and rooftop deck.

Located at 3963 W. Belmont Ave., the six-story Shoemaker Lofts has 175 lofts, measuring 810 to 1,625 square feet and base-priced from the low $200,000s to the mid $400,000s. Lofts include 1- and 2-bedroom designs (some with dens), 1 to 2 baths and balconies. Heated parking is available. The building will have doormen, fitness center, business center, meeting and community room and a rooftop deck and garden. Visit www.mydubin.com or call (773) 283-5638.


MCKINLEY PARK


The McKinley Park neighborhood continues to be a focus for new housing on the Southwest Side.
McKinley Gardens town houses, at West Bross Avenue and South Western Avenue, will feature eight buildings with a total of 69 units. They will have approximately 1,800 square feet of living space with 3 bedrooms, 2-1/2 baths, private patios and balconies, granite countertops and 1-1/2-car garages. Some will have bay windows and garden plots.

Completion is scheduled for spring of 2007. McKinley Gardens, LLC is the developer, with PPKS Architects Ltd. and Klein Construction Services Inc. participating.

McKinley Park Lofts is a condo development of about 163 units at 2323 W. Pershing (at Western, across the street from McKinley Park itself). Prices start at $159,000 for a 1-bedroom unit, up to $368,000 for the 2-bedroom with den. Granite countertops and stainless steel appliances are standard.

The project includes renovation of an existing building plus the addition of three new floors, according to Nicole Greifenkamp, vice president of marketing for the Habitat Co.

McKinley Park Lofts, 2323 W. Pershing, Chicago. McKinley Park Development LLC and the Habitat Co. Brokerage Division, (773) 523-2323.



PRINTERS ROW



Concord Homes is expected to begin sales later this year for a new-construction multifamily development at the southwest corner of Clark and Polk. The name and details have yet to be announced for the new building, which is still in the approval process.

LOOP


The 55 East Monroe high-rise office tower, at Monroe Street and Wabash Avenue, is due to have its top 14 stories converted to condominiums.
The 50-story building will be completed in two phases. The lower levels will remain office space, with enhanced retail and a new residential entrance scheduled for the ground floor. The redevelopment will take advantage of the strong residential market near Millennium Park, according to the new owners, GlenStar Properties LLC/ Walton Street Capital LLC. Pre-sales are expected to begin in May.



NEAR WEST SIDE


Roosevelt west of Western. A yet-unnamed, 245-unit development is planned on an 8-acre vacant site at the northwest corner of Roosevelt Road and Campbell Street.
The development has been approved by the City of Chicago Planning Commission for a mix of residences, including single-family homes, duplexes and three-flat and six-flat condominiums.

The condominiums will range from $260,000 to $300,000 for approximately 1,150 to 1,300 square feet. The duplexes will start in the high $300,000s for a 1,600-square-foot two-story residence, and the single-family homes, with more than 3,000 square feet, are expected to be priced in the high-$500,000s.

The developer is Roosevelt & Campbell LLC, a joint venture of MCL Companies and Brownstone Companies. Sales are expected in early April on the site at 2500 W. Roosevelt. Call (312) 321-8900.


NORTH LAWNDALE


Heritage Homes of West Village. This development will have 100 condominiums and town houses on 1.6 acres of former city land in the 700 block of South Kedzie.
Ground breaking for the $21 million development is scheduled for early spring.

"This high-quality mixed-income development will help revitalize the West Side community and supply newly constructed housing," said developer Ted Mazola, a principal in New West Kedzie LLC.

Plans call for two-story and three-story town houses and two-flats. They will have 1- to 3-bedrooms, 1 or 2 baths and 760 to 1,800 square feet.

Pre-construction base prices will range from the $140,000s to $385,900, according to Cindy Molitor, sales manager for New West Realty. The residences will range from $115,900 to about $150,000, she said. Call (312) 491-1930.



RIVER NORTH


Silver Tower. Construction will begin this spring for Stonegate Development's Silver Tower, a 39-story contemporary building that will rise above the lower River North streetscape.
The tower, at 303 W. Ohio, will offer 230 condos, with 1, 2 and 3 bedrooms, 1 to 2 baths, and balconies. Prices start from the $260,000s.

Most of the units will have large balconies, floor-to-ceiling windows, stainless steel appliances, granite countertops, marble master baths, high speed Internet connections and hardwood floors.

There will be retail on the ground floor, with parking on the next several floors and the condos above that. There will be a 24-hour fitness center and a 10th floor "Sky Lobby," in addition to a rooftop garden and a dog run. Silver Tower is at 303 W. Ohio. Call (312) 595-0900.


NEAR NORTH


The first residents soon will be moving into Concord's 15-story Parc Chestnut, at Franklin Street and Institute Place.
The new construction will have 261 units. The remaining condominiums are priced from the low-$400,000s. A variety of 2-bedroom floor plans remain, and one 3-bedroom-plus-den penthouse, ranging from 1,215 to 2,060 square feet. One to two indoor parking spaces are included in the base price.

Interior features include 10-foot ceilings, granite kitchen countertops, cultured-marble bath countertops, ventless gas fireplaces and hardwood floors or carpet. Homes are pre-wired for high-speed Internet,

Building amenities include a 24-hour doorman, valet, dry cleaner, fitness facility, business center, bicycle room, multipurpose/party room and storage units.

The sales center is at Institute and Franklin. Call (312) 654-0626 or visit www.ConcordHomes.com.

GOLD COAST


The Raffaello condominium-hotel, at 201 E. Delaware, will turn over its first units to the owners at the newly renovated 18-story building just off of Michigan Avenue.
All 175 rooms will be renovated as part of the condominium-hotel plan and will be sold fully furnished, with prices in the $200,000s to more than $1 million. Owners will then have the option of living at the hotel full- or part-time, or of putting their unit into the rental program for general hotel guests.

Owners and guests will have access to all of the services of the upscale hotel, including the concierge, fitness center, spa, and restaurant. For more information, visit www.crescentheights.com.


Maple Tower, at 1035 N. Dearborn, will start move-ins at the 27-unit luxury condominium. The 20-story building has one or two units per floor, with 2 to 4 bedrooms and sizes of 2,000 to 4,645 square feet.
Amenities, include a wood and stone lobby, 24-hour doormen, heated garage, exercise room and individual storage spaces.

The units have oak floors, carpeting, gas fireplaces with marble surrounds and hearths, custom-built wood bookcases, solid core doors, sound insulation, individual heating and air controls and laundry room with full-size washer and dryer.

Prices range from $899,000 to $3 million.

For information, call (312) 642.1245 or visit www.jdlcorp.com.


OLD TOWN


Parkside of Old Town. A 760-unit mixed-income development is planned near Old Town on nearly 20 acres bounded by Division, Larrabee, Oak and Cleveland streets, according to Parkside Associates LLC, the development consortium.
The development team consists of Peter Holsten, president of Holsten Real Estate Development Corp.; Kimball Hill Urban Centers, and the Cabrini-Green LAC (Local Advisory Council) Community Development Corp.

Parkside of Old Town will be made up of 50 percent market-rate for-sale and rental housing, 20 percent affordable for-sale and rental housing and 30 percent rental housing for current and returning Cabrini Green residents, according to the developers.

In 2001, the development team of Holsten Real Estate and Kenard Corp. completed North Town Village, a 261-unit mixed-income development at 1401 N. Halsted. Call (312) 337-5339.


WEST ROGERS PARK


Regent Park and Park Plaza. This two-phase residential development planned for up to 270 single-family houses, town houses and condominiums at 6600 N. Kedzie, along the North Shore Channel of the Chicago River.
Preview sales are planned for February from a sales center in a "spec-built" home at 3134 W. Wallen, according to the developer, Brownstone Properties.

Up to 30 single-family homes, priced in the $1-million-plus bracket, will be built on lots measuring 30, 45 and 60 feet wide. It also includes 20 luxury 3-bedroom condominiums in five new-construction four-flat buildings. Sales of the condominiums are expected to open in April 2006. Park Plaza, the second phase, calls for 60 new-construction town houses priced from $200,000 to $400,000.

Sales on the three-story town houses are expected to begin in early summer. It also includes a 160-unit condominium conversion with prices ranging from about $200,000 to $350,000. The six-story condominium buildings were built in the early 1980s. Sales are expected to begin in June.


OLD IRVING PARK--MAYFAIR


Mayfair Crossing. C.A. Development is planning a 26-home development called Mayfair Crossing on a former industrial site on Kilpatrick Street, on the border of the Old Irving Park and Mayfair neighborhoods.
C.A. Development is developing the Residences of Old Irving Park, 70 single-family houses in the 3800 and 4000 blocks of North Kilbourn.

Only eight homes remain in the second phase and seven in the next phase, with 4 or 5 bedrooms, 3-1/2 baths and 3,400 to more than 4,000 square feet, plus 2-car garages. Prices start at $719,900. Call (773) 777-8910 or visit www.cadevelopment.com.
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