Tuesday, December 18, 2012


Chicago Experts Offer Predictions For 2013's Residential Real Estate Market

Friday, December 7, 2012

K2 at K Station, Fulton River District

Construction of K2 at K Station, a 496-unit 34-story luxury apartment tower at 365 N Halsted St in Chicago’s Fulton River District, began weeks before the official groundbreaking ceremony (video, right) on November 2, 2011.

K2 is the fifth and final residential high-rise in the K Station development, joining Left Bank (2006), Echelon (2008) and Alta’s East and West towers (2010) for a total of 2,145 residences. K2 is expected to begin occupancy in the first quarter of 2013.

K2 at KStation model picture.


Wednesday, December 5, 2012

James Pritzker plans hotel at Evanston mansion

James Pritzker is the last man standing in the bidding for the Harley Clarke Mansion in Evanston, a historic lakefront building that he wants to convert into a boutique hotel.

Tawani Enterprises Inc., the Chicago-based investment firm Mr. Pritzker controls, was the only party that submitted a formal offer to buy the property at 2603 Sheridan Road from the city of Evanston, according to a city memorandum.

The city, which has owned the 20,275-square-foot building since 1965, leases it to the Evanston Art Center, which would move out. The city began soliciting offers for the property in May, courting buyers and long-term tenants that would renovate and occupy the building, though it still could decide to reject Mr. Pritzker's offer.

The Evanston City Council “hasn't made a decision on what it wants to do, so there could be a sale, there could be a lease or there could be nothing — all those options exist,” said Joe McRae, deputy city manager.

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