Subscribe: 
Crain’s Chicago Business is reporting (behind its pay wall) that the 342-unit Roosevelt Collection project is going rental, and that condo contracts will be cancelled.
This switch has been widely rumored of late.
A number of newer rental projects in the South Loop are already offering “free rent” deals, and you can expect the competition for tenants to accelerate.
Related posts:
- Maggots begin to swarm Roosevelt Collection
- Without retail tenants, Roosevelt Collection adds color to Roosevelt Road streetscape
- Concession collection: Deals at three downtown rental high-rises
- Ex-condo examinations: Comparing Roosevelt Collection and Burnham Pointe
- Roosevelt Collection open for business, accepting new tenants
{ 3 comments }
Anyway, i think it is the right way to go.
I agree. It’s the smartest option. I think they can get a lot of people renting this place… More than buyers that is.
I would think they would announce what retailers they have signed up. This would help sell or rent units.. This is what makes this development unique not the condos.
Comments on this entry are closed.