X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO-Construction has begun at the northwest corner of Jefferson and Lake streets, where Jameson Development LLC is adding 198 units in a 25-story building in the Fulton River District. The developer hired James McHugh Construction Co. as general contractor for the $37-million Jefferson Tower project.

All of the units will be one-bedroom or one-bedroom-plus-den. Prices will range from $204,800 to $372,800 for the units, which range in size from 623 sf to 1,072 sf.

While the project is expected to benefit from its proximity to public transportation, one challenge facing McHugh will be checking vibration levels caused by the adjacent Green Line elevated tracks. Upgraded, sound-deadening windows are being installed in the building.

Completion is expected in April 2006, but the first units are scheduled to be delivered in January 2006. Loewenberg Associates Inc.is the architect for the project while Mesirow Stein Real Estate Inc. is program manager.

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
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

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 © 2022 ALM Global, LLC. All Rights Reserved.