Archive for November, 2007

Legal battle on at the Spire

The developer of the Chicago Spire is facing a legal battle over a strip of land separating the high-rise from River View, a two-story development along the Chicago River. 
According to the papers filed in Cook County Circuit Court, the River View Condominium Association is accusing Shelbourne Development Group of misrepresenting the reach of an underground […]

Chicago real estate update: Logan Square

Sales of condos in Logan Square were down for the second consecutive year.  According to the latest report from the Chicago Association of Realtors, a total of 179 condominiums were sold during the third quarter, a 10 percent decline from the same period last year. 
It is also the lowest total sales for the quarter since […]

West Loop building set to be converted to student housing

Developers have announced plans to convert an office building in the West Loop into student housing.  Blue Vista Capital Partners, a Chicago-based investment fund, has bought the property located at 847 W. Jackson Blvd.  
The 10-story White Tower Building has a total of 225,000 square feet.  Preliminary plans call for space for more than 400 dorm […]