Given all the mixed messages our readers have been hearing about Glashaus, we felt we were long overdue for a comment from the Piedmont Group, which is developing the Brininstool & Lynch-designed high-rise at 1327 S Wabash Ave.
I’ve been unable to reach anyone at Piedmont via phone or e-mail, but this morning, sales consultant David Wiencek of @properties forwarded along the following two-sentence message, which he attributes to the developers:
the project has not been cancelled but because of the economic climate the delivery date is uncertain. The developer will work with buyers who are inconvenienced by the delay.
Make of that what you will. Until we hear otherwise, we’ll keep Glashaus on our list of dustbunnies, because while it may be stalled, it’s still not dead.
Pre-construction prices on Glashaus’ unsold units ranged from the $240s for a 673 square-foot one-bedroom / one-bath up to the $740s for a 1,565 square-foot two-bedroom / two-bath with a den as recently as November.
NewHomeNotebook:
• Rate and review Glashaus
• View our list of new South Loop condo high-rises
• View our list of Chicago high-rises with swimming pools
• View our list of high-rise dustbunnies
Related posts:
• Video: A glimpse of Glashaus (Nov. 19)
• Construction checkup: Glashaus (April 9)