X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
chi-AlcoveExterior The condominiums at Alcove will cost less than $500 per square foot.

CHICAGO—During Chicago’s lengthy apartment boom, developers have been reluctant to break ground on new condo buildings, but things are beginning to change. Officials from Vermilion Development just announced plans to begin sales for Alcove MDP, a condominium and townhome development in the Wicker Park neighborhood. Located at 1648-1650 Division St. just a block away from the CTA Blue Line stop and adjacent to a new mixed-use rental development, Alcove MDP will provide 43 condominiums and 12 townhomes. Named for its location between Milwaukee, Division and Paulina, Vermilion will begin pre-sales in early April and plans to deliver the units by late 2019.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.