Loft apartments planned for the Oriental Theater

It seems like there’s no end to the stream of new apartment announcements in downtown Chicago.

The Sun-Times’ David Roeder is reporting that developer Chris Carley’s Fordham Company has a contract to purchase the building that houses the landmark Oriental Theatre and plans to convert the 22-story tower portion to 230 loft apartments. Work on the project may start this summer, which would translate to late 2014 occupancy for the apartments.

You can see all of the new apartments, totaling more than 15,000 units, that are proposed or underway in our at-a-glance list of new downtown Chicago apartments.

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