Superior House finishes up amid pandemic
The first closings and deliveries for River North’s newest luxury condo building were announced yesterday by Chicago-based Ascend Real Estate Group. The project was completed on time despite having to institute a number of safety measures due to the COVID-19 pandemic.
“As the first large-scale, new-construction condominium development to deliver since our world changed a couple of months ago, Superior House is a testament to the ingenuity and commitment of our entire project team,” said Walter Rebenson, CEO of Ascend Real Estate Group, in a press release. “Our entire team, including Power Construction and our union subcontractors, should be commended for enacting safety protocols while maintaining a high level of quality construction, enabling our work to finish on schedule.”
Located at 366 W. Superior St., the 12-story, 33-unit building will be marketed exclusively by @properties Developer Services. It’s currently 70% sold, with prices ranging from $1.79 million to $2.48 million. The building’s rooftop deck features a fire pit; outdoor bar, kitchen and dining area; vegetable and herb garden and dog run.
New development group brought in to help finish luxury building in Skokie
The Murphy Development Group has been brought to help finance and manage the construction One of Skokie’s most ambitious developments in recent years: 8000 North.
The $68 million project will be a 12-story mixed-use tower with 153 residences and an attached 265 space parking garage, according to a press release sent by the Murphy Development Group in April. The ground floor will include 15,000 square feet of retail space. It was scheduled to be completed by fall 2021, though the parking garage is on track to be completed by September.
However, due to the constraints of the COVID-19 pandemic, there’ll be a delay in construction for the rest of the tower, according to the property’s website. Construction crews had to remove the crane at the location, and it’s unclear when an updated timeline for this project will be announced. But in a Chicago Sun-Times article Murphy Group President John Murphy said he hopes the construction will be complete by late 2021 or early 2022.
1400 Monroe in West Loop receives construction permit
Last month, the construction permit for the 1400 Monroe building in the West loop was approved, according to a press release from Quinn PR. This building will have 42 residential units priced between $760,000 and $2.35 million. The property will offer a variety of units, including two, three and four-bedroom apartments.
Construction on this project will be led by Summit Design + Build, expected to be finished by summer 2021. The company has done many different construction and renovation projects across the city, including one for the well-known Aragon Ballroom.
New models open at townhome community in Barrington
ML Capital and Kinzie Builders announce they’ve constructed two new model units to help sell 16 homes in Roslyn Meadows, a townhouse project in Barrington, according to a press release sent last month. These townhouses will include three bedrooms, an unfinished basement and a two-car garage with a listing price in the high $400,000s.
Mount Prospect TOD apartments now 50% leased
Last week, Lincoln Property Company announced its transit-oriented apartment building in Mount Prospect now is half leased. The building, known as 20 West, is designed for those who want easy access to downtown Chicago while enjoying the comforts of the suburbs, with a two-minute walk to a Metra station.
The mixed-used building opened in October 2019 and holds 71 units with floor plans that include one and two-bedroom apartments on top of retail space. The two retail spaces at 20 West are EGGJAM Cafe and Handcrafted Kitchen in the hopes they will provide more options to their residents, said Nick Bertolini, the director of development for the project in a Daily Herald piece about the building.
“Our concept is modeled around comfort, convenience, and quality,” said Bertolini. “There is something for everyone: grab-and-go options, dine-in seating, entertainment, shopping. It’s a truly unique place; alive and vibrant. We can’t wait for people to make this their spot.”