Wednesday, January 22, 2020

72-condo project slated for West Loop

Photo by CoStar Group
By: Alby Gallun | 1/22/20 | Crain's Chicago Business

Hubbard Street Dance is capitalizing on the West Loop development boom, selling its headquarters in the neighborhood to developers that plan 72 condominiums there. Belgravia Group and JRG Capital Partners have acquired the property at 1147 W. Jackson Blvd., the dance company’s home since 1998. The firms plan to start marketing condos in their project in the next couple of weeks and aim to break ground this fall, said Belgravia co-CEO Jonathan McCulloch. Though apartments have been the flavor of choice for most residential developers in the West Loop, Belgravia has found a sweet spot in the condo market by building mid-sized projects that appeal to families and empty-nesters. Read More....

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