Construction on Phase 2 of Eastgate Village underway
Posted 7/12/2008 by Mark Boyer
Construction began in the spring on Phase II of Eastgate Village, New West Realty's large condo and townhouse development along King Drive between 25th and 26th streets in Bronzeville. Katherine Sather, New West's director of marketing, says that work is done on about three-fourths of 80 condos in Phase II, but closings haven't started yet.
Sather says there are still a handful of townhouses left from Phase I, but that all of the condos are sold out. I was able to find four available two- and three-bedroom / 2.5-bath townhouses on New West's Web site that are priced from the $340s to the $390s. All four townhouses come with attached two-car garages, and the one that's listed in the $390s also has a roof deck.
Sather says that construction on Phase II should be completed this fall. Phase II condos will be priced from the $280s to the $390s, and townhouses will be offered from the $540s to the $610s.
When completed, the entire development will include more than 300 condos and townhouses divided into about four phases.
Comments
7/12/08
Anon1 said:
Which phase includes the two highrises planned?
7/13/08
Jeff said:
Believe one of the high rises is revamping the midrise on site. They are missing the boat on the Townhomes by not including a larger room on the 4th floor.
Joe Zekas said:
Jeff,
You may be right, but given the floor area ratio constraints, they'd have to take the space away from somewhere else. That would involve shrinking the footprint of the buildings, which doesn't seem like a good idea.