First of Two New Medical District Towers Detailed
The first of two new buildings planned for Ashland Avenue in the Illinois Medical District has made it onto paper. The new 19-story residential tower at 801 South Ashland has been anticipated for about a year, since KIG issued a press release stating that it formed a partnership with Guggenheim Real Estate, Atlantic Realty Partners and Focus Development for a $111 million expansion of the existing two-tower property. The plan now is...
Illinois Medical District Project to be Renovated, Expanded
Between medical personnel, support staff, students, and others in allied fields, there’s always been a big demand for housing in the Illinois Medical District area. At the same time, there’s been precious little large-scale development in the area. But the development frenzy that is echoing from downtown Chicago into the neighborhoods is finally reaching this corner of the city with a project from Guggenheim Real Estate. You may know...
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