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Five years on, two South Loop condo towers are rentals

On March 6, 2007 we noted that two new South Loop condo towers had recently broken ground: Lexington Park and Burnham Pointe.

Two years later, Burnham Pointe began the process of converting to apartments, and it remains an apartment tower today.

A year ago we noted that Lexington Park finally opted to join the roster of failed condos gone rental. At the time, the first units were expected to begin renting last summer.

We’ve been receiving information that the rental program for Lexington Park, and a new name for the property, will be formally announced next week. Stay tuned.

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