May 23, 2008 – In case you’d been wondering what’s new with the Piedmont Group’s Glashaus development, you can pencil in next spring for deliveries on these Chicago condos. This project has been in the works for quite a while, but apparently things are moving forward now. Ads have been showing up more frequently in the newspapers and the building site is seeing some action. With foundation work in progress, the construction timetable is on schedule for early to mid 2009 completion.

At 25 stories, Glashaus will contain 262 condos with one to two bedrooms. The project was designed by Brininstool & Lynch. Interior finishes are standard high-quality with hardwood flooring, stainless steel appliances, granite kitchen counter tops and stone details in the baths. The building will sport the typical 24 hour doorman, fitness center, spa, yoga room, theater room and business center. An outdoor terrace with a reflecting pool and dog run will be on tap for some warm weather fun. And for residents who love a clean car, this Chicago real estate development is unique in that there will be a car wash bay on site.

Prices for these residences start at around $230,000 and up for the one bedroom units, $270,000 and up for the one bedroom plus den, $310,000 and up for the two bedroom condos and the penthouses range from the mid $450,000s to in excess of $1 million.

The 1327 South Wabash Avenue location is a prime spot in the South Loop and this development may appeal to a lot of first time buyers looking for an upscale, modern design. Downtown Chicago Condos are usually popular with young professionals who prefer a home close to where they work.

[tags]Glashaus, Chicago Condos, Chicago Real Estate[/tags]

This entry was posted on Friday, May 23rd, 2008 at 1:42 pm and is filed under Mortgage Information.