May 22, 2008 - JFJ Development is planning on launching sales either the end of this month or early next for Broadway 3030, a new Chicago condo project they are building on of course 3030 N Broadway. The development will occupy the site of the Dominick’s store that was lost due to fire a few years ago. JFJ intends to put a new grocery in the building to accommodate the needs of the future condo residents and the Lake View neighborhood.

The low-rise will stand only five stories and house 53 units. Buyers will have a good selection of floor plans though, with 23 different ones to pick from. The condos will come with one to three bedrooms and right now prices are starting at the upper $300,000 mark. The condos are expected to be ready for delivery sometime in mid to late 2010, while the Dominick’s grocery will open before that.

Even though Broadway 3030 may be smaller in size than a lot of new Chicago real estate developments, JFJ isn’t planning on cutting corners with this project. Residents can expect to have perks usually associated with a larger building, including an elevator, bike room, fitness center, business room, doorman and even a small park to enjoy some time outside.

Superior 110, one of JFJ’s other developments, is another luxury tower in River North. The 62 condos in that high-rise all have fantastic corner views since there are only four units per floor.

Condo Developers in Chicago are scaling back the number of units in some projects in an attempt to make it easier to sell the building out. If they offer a high quality home and good pricing they just may be onto a new recipe for success even in a depressed market.

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This entry was posted on Thursday, May 22nd, 2008 at 10:43 am and is filed under Luxury Condos(t) , News(t) . You can leave a response.