March 10, 2008 – A new high-rise will begin construction sometime later this summer in Lakeview, just a half block from Lake Michigan. The tower, called The Winchester, is the product of GJB Development and is already being marketed. The actual physical address is 3175 N Hudson. Right now a low-rise brick building on 421 W Belmont Avenue is serving as a sales center but will have to come down before the site can be prepped for construction this summer.

The building will have the standard expected amenities and perks. Two high speed elevators, 24 hour doorman, fully equipped fitness center, heated indoor garage with storage and bike space plus a 2,500 square foot landscaped terrace. All units will have terraces or balconies, 10 foot ceilings, crown and baseboard molding, individually controlled HVAC and oak hardwood flooring. Grohe fixtures, Viking appliances and quiet close drawers on the cabinets make up the kitchen layout while Grohe and Toto fixtures, marble details, wood vanities and frameless glass shower doors decorate the baths.

GJB Development was founded in 1997 and up until this project has focused mostly on single family homes, low-rise residences and flats. The company has developed a good deal of Chicago real estate and has also built homes in both Evanston and Glenview. The Winchester has entered the market for Pre Construction Condos in Chicago at a challenging time, with pricing on the two and three bedroom units starting at $389,000.

[tags]The Winchester, Chicago Condos, Chicago Real Estate[/tags]

This entry was posted on Tuesday, March 11th, 2008 at 10:42 am and is filed under Mortgage Information.