Real estate news & trends
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JDL Development
JDL Development’s website anticipated breaking ground on a new 26-story, 189-unit apartment tower at 212 W Illinois in the spring of 2012. A year later, it appears that the River North project may be underway. A demolition permit was issued a month ago for the one-story building on the site, and construction equipment and fencing ...
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Posted by Joe Zekas on May 20, 2013
Late last year brought word that JDL Development and Harlem Irving Cos were planning a 5-story building with 71 apartments and ground-floor retail on a site directly across the street from the new 250-unit 1225 Old Town apartments. At the time JDL President James Letchinger told Crain’s that he hoped to start construction on the ...
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Posted by Joe Zekas on April 17, 2013
After years of inactivity the southern part of Old Town has become a hotbed of new construction. JDL Development and Harlem Irving Cos are proposing a 5-story building with 71 apartments and ground-floor retail on a site directly across the street from the recently opened, rapidly renting 250-unit 1225 Old Town apartments. Construction recently began ...
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Posted by Joe Zekas on November 21, 2012
Two weeks ago Uptown Update reported that JDL Development had signed an agreement to acquire the Maryville Academy site at Clarendon and Montrose in Uptown‘s Clarendon Park neighborhood. The site is at the center of the above aerial photo. Yesterday Uptown Update posted news that a community meeting will be held next week to hear ...
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Posted by Joe Zekas on November 9, 2012
Five years ago today Jim Letchinger of JDL Development Corp was touting plans for a 24-story high-rise at 541 W Cornelia in Lakeview East. Construction was slated to begin in the fall, with first occupancy late in 2008 or early in 2009. Twenty-one full-floor units were priced from $1.1 million, and a duplex penthouse was ...
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Posted by Joe Zekas on March 23, 2012
Yesterday we called attention to a truly awful piece piece by a Sun-Times columnist, so it’s only fair to note that another Sun-Times columnist is a generally a must-read if you want to know what’s happening in Chicago real estate. David Roeder’s latest column serves up intelligent and informative updates on three projects – a ...
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Posted by Joe Zekas on November 30, 2011
1225 Old Town broke ground in April of 2011. As of early November it was about two-thirds of the way toward topping out at 16 stories, and apparently on-track to welcome residential tenants in September of 2012 and commercial tenants a bit before that. The development, at 1225 N Wells St in Old Town, will ...
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Posted by Joe Zekas on November 10, 2011
Last week Curbed’s Mark Boyer caught up with JDL Development prez Jim Letchinger, to get the latest on 1233 North Wells, a new 16-story, 250-unit apartment building set to rise in Old Town. Crews have torn down and hauled away the site’s old Grossinger Cadillac dealership, and construction is “imminent.” An existing terra cotta facade ...
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Posted by Joseph Askins on April 4, 2011
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