Starwood Capital Group is cashing out of its Logan Square property holdings and development prospects, reports Crain's, sensing that prices and interest in the neighborhood are climbing fast. The most palpable result is the scuttling of Starwood's 39-unit apartment proposal for vacant land at 2489-2505 N Milwaukee. Another developer might well go for something similar, maybe even with a mixed-use flavor, but it won't be happening quite so soon. [Crain's, previously]
Filed under:
Loading comments...