Sarah McKenzie

New high-rise planned for Loring Park

Chicago developer seeking approvals for a high-end, 36-story apartment tower

A Chicago developer is planning a 36-story, 355-unit luxury apartment tower in the Loring Park neighborhood — one of the largest construction projects in the pipeline for the metro area.

Magellan Development had initially planned condos for the site at 14th & LaSalle in 2005, but that project stalled when the condo market tanked.


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