So much for that. It seems like only yesterday that we learned of LG Development Group‘s plans for a new tower in River North, and now it’s gone. The Chicago Journal reports this week that LG has withdrawn plans for the 28-story, Hartshorne Plunkard-designed tower at 111 W Chestnut St.
Judging from the Journal’s reporting, LG was facing not only a tough economic climate and a contract dispute, but also complaints from some neighborhood residents who believe the area will be too dense once other towers already under construction are occupied. If they’re really interested in townhouses, they might want to keep an eye on LG’s other big project at the moment, the Row2750 townhouse / condo project at 2750 N Lakewood Ave in Lincoln Park. Construction there should be underway at this point, based on what we’ve reported in the past. I’ll swing by there soon to see what I can see.