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Development Update

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A new website for 1225 Old Town (at 1225 N Wells), with a lot of new information, was launched earlier this week, observes YoChicago. The site, by developer Hines Interests, markets the lifestyle and amenities of the 250-unit rental tower, slated to open in late summer. Among other things, it supplies detailed floorplans and prices for the first time. Studios start at $1,485/month with three-bedrooms topping $5,000. There's a healthy menu of options in-between. We have, naturally, been tracking this momentous project since it was but a hole in the earth. There's been prolonged buzz, but now it's really hitting the home stretch. [YoChicago, previously]