Developer Watch: Smithfield Properties Plan Condos on Moody Bible Site
The developer has proposed a 33-story tower with ground-floor retail space and 290 housing units for the River North property.
The ever-nimble Yo
Chicago reported Smithfield Properties proposed 290-unit
condo development at the intersection of Chicago and La Salle Streets. The
planned River North apartments is the latest from the team that brought us the
sold) 22-story SoNo East mixed-use
multi-housing project in Lincoln Park and Joffrey Tower. Smithfield's
play for the Moody Bible Institute propety joins a flood of developers
camping out in River North, an area with a bulging inventory load poised to
double the record-setting 2,700
units now available, according to Crain's. Who doesn't like watching
Smithfield (a darling of city hall) do his thing? We'll keep updating.