Chicago: 1,000 Condo Project Planned
A $350-million multifamily development, which would include 1,000 units in three towers, is planned for 3.7 acres on the Near South Side. Lennar Communities of Chicago LLC plans to build three towers ranging from 34 stories to 42 stories in the 800 block of South Clark Street.
Near South Side residents fear that the development would create a canyon effect on Clark Street. Lennar Communities has taken steps to negate some of those fears by including a 0.6-acre park in the center of the multifamily redevelopment, planting new trees along Clark and Polk streets, and by covering 25% of the rooftops with a environmentally friendly “green” roof.