South Loop Condo Building Selling Parking Lot Air Rights For New Tower
Mar12

South Loop Condo Building Selling Parking Lot Air Rights For New Tower

If you’re a developer looking for a place to plonk down a 40-story apartment building in the South Loop, the people at Vesta Lofts are suddenly your best friends. According to a sales brochure from CBRE, the Vestas have decided that they are OK with losing their views to the south in exchange for a metric assload of cash.  It was probably an easy decision since those views were obliterated by the 2010 erection of The Lex at 2138...

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After 7 Years, Loop Residential Building Finally Hits Paper, Bridge to MDA
Mar12

After 7 Years, Loop Residential Building Finally Hits Paper, Bridge to MDA

Things are finally coming together for the new residential building coming to 171 North Wabash in The Loop. We first reported on 171 way way way back in 2011, when it was the companion building to what is now called Experience 73, around the corner but still adjacent, at 73 East Lake Street.  Experience ate a parking garage to build a 42-story residential tower, and 171 was going to eat a surface parking lot/parking garage combo to...

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