The Two River Place LLC site is south of Wards' massiveheadquarters building, which also is being rehabbed into 241condominium units. An 18-story building would be constructed on thenorthern half of the site, with a 19-story building to follow. Aparcel on the southern edge of the site would be donated to theChicago Park District before an occupancy permit is granted for thefirst building.

Plans include a riverwalk, which would be accessible to thepublic from the park or Chicago Avenue as well as a walkway throughthe River Place project. Although the walkway from the riverwalk toLarabee Street would be owned by the condominium association, itwould be available to the public, plan commissioners were told.

Construction on the first building would begin in February 2002,says Two River Place LLC principal Ron Shipka, with completionexpected in the early summer of 2003. Once 50% of the units in thefirst building are sold, construction would begin on the second, headds.