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Construction Starts on New 19-Story Rental Tower for Lakeview

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A new residential tower for the Lakeview neighborhood is officially on the way. Wirtz Realty has announced that construction on the 19-story rental tower for 2950 N. Sheridan has begun and completion is expected for summer 2017. The plan for a tower at the site has been in the works for several years, with one plan receiving approval in 2008 — just as the recession's icy grip on the real estate market began. However, the plan reemerged this past May with a new look and new drawings from Pappageorge Haymes Partners. According to Wirtz, the tower will feature 82 apartments and will include amenities such as a gym, dog run and outdoor terrace. While the tower isn't the greater downtown area, rents will be comparable with prices ranging from $2,900 to $6,000 per month.
·Long Stalled Sheridan Road Tower Returns With a New Design [Curbed Chicago]
·Previous Lakeview coverage [Curbed Chicago]
·Apartment Boom Town archives [Curbed Chicago]