A strategic partnership between a suburban financial institution and a Chicago-based developer is restarting the construction of a new residential development in one of Chicago’s fastest growing neighborhoods. West Erie, LLC, an affiliate of Oakbrook Bank, which acquired the residential project after the previous developer defaulted, has selected LR Development Company LLC as the project’s development and construction consultant to complete the 20-story condominium in the city’s River North neighborhood.
LR Development Company has modified the original plans, designed by Lucien Lagrange Associates, for the residential building, formerly known as Belle Maison, and renamed it Sixty West Erie. The new design calls for 24 one- to three-bedroom residences, including six full-floor homes, all with spacious balconies and striking views of the Chicago skyline. The residences, priced at $426,000 to $2.1 million, will range from 1,155 to 3,456 square feet. The building contains a heated, secure in-building 56 space parking garage and fitness center. Completion is scheduled for June 2003.
For more information about Sixty West Erie and LR Development Company, visit the sales center at 875 N. Michigan Ave. or contact Laura Molk at (312) 397-8900. |
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