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Draper & Kramer launches long-delayed apartment project near McCormick Place

Here’s your Chicago megadevelopment cheat sheet. New. team of Draper & Kramer, project are expected to include a logistics center servicing McCormick Place as well as a new event space..

Crescent Heights has sold Burnham Pointe, a 298-unit high-rise at 730 Clark St., to a joint venture of Chicago landlord Draper & Kramer and Boston. also put a fourth chicago apartment tower, the.

Nashville developer pursues mixed-use project near TSU, Fisk, Jefferson Street – Nashville Business Journal Real estate notes: Work starts on mixed-used West Nashville project.. Nashville-based developer MiKeN Development is now grading the site for its mixed-use project in West Nashville and is.

Draper and Kramer has started construction on 2111 S. Wabash Ave., a 24-story, 275-unit building in the McCormick Square area of the South Loop. Located less than a block from the CTA’s Cermak/McCormick Place Green Line station, the transit-oriented development will be five minutes from the Loop by train.

"New projects are outpacing sales and the gap is continuing," said Gail Lissner, vice president of Appraisal Research Counselors. "We’ll see more auctions as an exit strategy." The condo glut also cooled apartment rents, which eased to $2.25 a square foot last year, down from the decade’s peak of $2.35 a square foot in the third quarter of 2007.

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Prairie Shores, a 1675-unit project on the Near South Side, would be the. Prairie Shores, a 1,675-unit apartment complex south of McCormick Place.. per unit, for Prairie Shores, buying it from Draper & Kramer, the Chicago firm. Farpoint, launched three years ago by former Sterling Bay partner Scott.

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The South Loop apartment boom is adding another project to the mix as developer Draper and Kramer officially breaks ground on a 24-story.

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Highland Park Newspaper Index 2010 Beginning with the earliest edition of the Highland Park News in 1874, several newspapers have been published for Highland Park. Click on a date range to search the index for local news articles and obituaries from these newspapers.