Originally Posted by spyguy
that their new River North apartment building may break ground next month.
As I mentioned last week, the new owners of 203 N Wabash are planning
to convert the office building to apartments. 185 units + retail.
In an article on downtown apartment development prospects last week in rejournals.com, AMLI also mentioned they are currently in permitting and partial occupancy planned for April 2013. I suppose there's always a slim chance this fugly project has been redesigned, but if not, here's hoping that the recent investment market volatility and downward recalibration of near - and perhaps medium - term economic and job growth forecasts claim this dog as a victim (as opposed to better apartment projects - presumably Optima Streeterville, 171 N. Wabash/73 E. Lake, Related Midwest's two developments, presumably Habitat's River North project, et al), at least until it can be redesigned into something remotely acceptable. I guess I just don't believe in major increases in density at all aesthetic cost....