A large stretch of Ashland Avenue in Lincoln Park is about to get dozens of new condos. According to Crain's, a suburban developer is planning to build a 53-unit development on 18 lots that line both the east and west sides of the 2700 block of North Ashland Avenue. Instead of constructing one large, monolithic complex, the developer, Interforum Holdings, will build separate two- to six-flat structures on each lot. According to Crain's, prices are expected to range between $499,000 for two bedroom unit up to $839,000 for a considerably larger three bedroom. Expect to see construction crews on site soon as the developer plans to start moving dirt as early as next week.
·Developer launches 53-unit condo project in Lincoln Park [Crain's]
·Development Watch archives [Curbed Chicago]