Concord Homes has started marketing Library Tower, a new 17-story condo tower at the southwest corner of State and Congress, across from the Harold Washington Library. Homes at the 184-unit development will have one to three bedrooms and 800 to 3,000 square feet.
The prominent corner, which drivers pass on their way to and from the Eisenhower Expressway, also will host 7,000 square feet of retail space on the Congress side of Library Tower.
“Buyers looking in the South Loop couldn’t ask for a better location than Library Tower,” said Roger Mankedick, executive vice president of Palatine-based Concord Homes. “The building is at the forging point of some of the city’s most popular destinations. Its proximity to the Loop puts it within walking distance of numerous businesses, colleges, retail, restaurants and public transportation. At the same time, it’s on the edge of the South Loop, so residents will be able to easily enjoy Grant Park and the lakefront.”
The brick and limestone building will have a roof deck, 24-hour door staff, a business center and an exercise facility.
Unit finishes include hardwood floors in living areas, granite countertops, stainless steel appliances and ventless gas fireplaces, per plan. The condos also have balconies. At press time, prices had not yet been announced.
Concord has long had a presence in the suburbs, but Library Tower marks the developers sixth project in the city since 1997.
“We’ve become very familiar with what city buyers want in a new home and we’re excited to be developing our first community in the South Loop,” said Mankedick. “Not only will Library Tower’s handsome exterior complement surrounding historic buildings, such as the Harold Washington Library, but also its homes will offer buyers attractive interiors with luxury standard features.”