Buyers who equate lakeside property with hefty price points could find a pleasant surprise simply by heading south. In North Kenwood and Oakland, they will find Lake Park Crescent, where the prices of condominiums start in as low as the $180s. Dana Dubriwny writes about Draper and Kramer‘s new multi-phase project in the April issue of New Homes Magazine.
The residences are part of a whole new neighborhood emerging on the south lakefront. The first phase of the ambitious development includes 55 market-rate condos and 13 affordable units.
According to Draper and Kramer, the new community offers the same opportunity as previous “emerging neighborhoods” like Wicker Park or Logan Square. What makes Lake Park Crescent different, however, is its proximity to Lake Michigan and the historic nature of the surrounding area.
North Kenwood-Oakland occupies a spot along the south lakefront just north of Hyde Park. It’s a prominent neighborhood with a little bit of everything, from graystone mansions to contemporary high-rise towers. Lake Park Crescent will build on that sense of community with several different new-construction options.
Read the entire sponsored article about Lake Park Crescent here.