Condo Size Increasing At Lincoln Park 2520
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October 31, 2007 - Lincoln Park 2520 is another one of Lucien Lagrange’s artistic creations. The design for the thirty-nine story high-rise that will take up residence at 2520 North Lakeview Avenue has been likened to a retro 1920’s style, but the views afforded there will be priceless in any decade.
Some of the sweeping views of Lake Michigan and the park can be seen first hand from the model at the sales center. Both are located on the eleventh floor of the building slated for demolition at the site. But before that happens and construction begins, potential buyers can really get a feel for how it’s going to look. That bit of heightened perspective has helped to sell the condos, according to developer Ricker-Murphy.
An option that has been on the table in marketing 2520 is for buyers to combine units to increase square feet of living space, sometimes to as much as 10,000. That in turn is affecting the original total of 320 condos. The developer is estimating that number could drop by as much as perhaps 70 units. That decrease in number could allow for an increase in the number of town homes that will be built behind the high-rise. The ten that are currently expected to go up may double in number if space permits.
With current sales figures already somewhere between 40 and 50 percent, these luxury condo suites have done well since marketing began in April. The development is scheduled for completion in 2009.
Besides the ones soon to be located at 2520, there are a number of luxury Townhouses in Chicago ready for occupancy.
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