South Loop Leading The Way
South Loop is leading the way for 2006. Over 8,000 units of new housing both town-homes and condos are being added to the Chicago market in the South side alone with three major constructions projects underway and many others slated to begin soon.
This part of Chicago topped last year housing sales figures. It 46 percent of all new construction for condos and town homes in the third quarter and this figure will only go up further this year.
Some of the bigger projects coming up in the South Loop include the Pairie Station District, which is a 500-million mixed-use residential and retail neighborhood, at 21st Street and Prairie Avenue. The eight-story Chess Lofts is a 119-unit adaptive-reuse loft building at 320 E. 21st St.Aristocrat Tower, a 24-story contemporary-style condominium development, plus six town houses,then again a 225-unit condominium tower is planned at 2028 S. Prairie and many more projects are coming up all along the South Side. Watch this space.
This part of Chicago topped last year housing sales figures. It 46 percent of all new construction for condos and town homes in the third quarter and this figure will only go up further this year.
Some of the bigger projects coming up in the South Loop include the Pairie Station District, which is a 500-million mixed-use residential and retail neighborhood, at 21st Street and Prairie Avenue. The eight-story Chess Lofts is a 119-unit adaptive-reuse loft building at 320 E. 21st St.Aristocrat Tower, a 24-story contemporary-style condominium development, plus six town houses,then again a 225-unit condominium tower is planned at 2028 S. Prairie and many more projects are coming up all along the South Side. Watch this space.
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