Posted May 11, 2011, 2:24 PM
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Join Date: Oct 2007
Location: Seattle
Posts: 1,367
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Quote:
New venture to try its hand at Waterview site
By: Alby Gallun May 11, 2011
The unfinished Waterview Tower at 111 W. Wacker Drive. Photo by Stephen J. Serio
(Crain's) — Yet another developer is taking a shot at the unfinished Waterview Tower, the 27-story concrete carcass on Wacker Drive.
Related Midwest has signed a letter of intent to form a development joint venture with a group of creditors that now owns the failed condominium-and-hotel project at 111 W. Wacker Drive, according to a statement issued by both parties. Known best as a builder of condominium high-rises, the developer is likely to reconfigure the structure for apartments, a booming sector that is in the early stages of a construction wave.
Read more: http://www.chicagorealestatedaily.co...#ixzz1M3ObTagc
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Another to take a crack at Waterview Site
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