Library Tower to begin closings in May

Library Tower

Library Tower, the high-rise at 518 S State St in the South Loop, will start closings in May, according to a sales agent for the development.

The 17-story project by Lennar Urban has sold through almost 71 percent of its 184 homes. And while the Parc Huron, another Lennar high-rise proposal, is still mulling its future in River North, Library Tower seems to be in better shape

Tier 9, a two-bed / two-bath format, proved particularly popular and accounted for the two most recent sales, according to the saleswoman we spoke with. Moreover, banners on the building have generated considerable foot traffic for the tower, which sits near the confluence of several transit lines in the South Loop.

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