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Development Watch

Realtor/Blogger Eric Rojas has it direct from Candea Development that they're planning to bring luxury condos to six city lots in Ravenswood. Sited on the 4800 block of Damen (pictured at right), the developer recently purchased the lots with the intent of building a few low-rise structures, supplying around 12 units in total. According to Rojas, this is the first new condo construction in the area in some time. The site is proximate to the Brown Line, Metra, and the Lincoln Ave commercial strip. Candea has offered to address a meeting of the Winnemac Park Neighbors in the near future. Until then, these are the details available. [The Chicago Real Estate Local]