This month Chicago-based Baker Development Corp. will begin demolition work on a Lincoln Park development site that in previous cycles would house a condo project.Baker will instead construct a 191-unit luxury apartment tower that will feature units, amenities, services and finishes similar to condo developments. ...
- Project will be delivered in summer 2017, when minimal new supply is expected in Lincoln Park.
- Rents at the development will exceed $3 a square foot.
- There are apparently no more starter condos in Chicago.
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