(To read more on the multifamily market, click here.)
CHICAGO-A "gigantic blue tank," a leftover from a plasticsmanufacturer that operated in the 2600 block of North HermitageAvenue, will come down this year in favor of 45 townhomes and sixsingle-family homes, the second phase of Belgravia Group's HartlandPark development. The $34-million project was recently endorsed bythe plan commission, and work is scheduled to begin this month.
The three-acre site was assembled last year, costing thedeveloper $10.5 million, according to property records. The 45townhouses will replace a warehouse and 50-foot silo, according tothe Department of Planning and Development. They will supplementthe 38 townhouses and 24 single-family homes built in Hartland'sfirst phase.
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