Chicago-based developers Capri Capital Partners LLC and Judson Investment Co. plan to erect a new 1 million square-foot mixed-use condo/retail building in Bronzeville, which is slated to begin construction in early 2008. The building, called The Metropolis, will feature over 320,000 sq. ft. of retail space along with 102 luxury condominiums, 20 of which are reserved for lower-income buyers and priced very reasonably at around $160,000. A similar condo nearby would probably go for around $350,000. Other condominiums in the complex are planned to sell between $250,000 and $400,000.

[tags]Chicago Condos, The Metropolis, Bronzeville Condos[/tags]

This entry was posted on Wednesday, March 21st, 2007 at 6:22 pm and is filed under Luxury Condos, Market Update.