Sutherland Pearsall Development Corp. has temporarily suspended its marketing program for the 38-story 535 St. Clair, according to Jerry Houlihan, director of marketing. The company is taking some time to reassess what kinds of units to build, he says. “It’s a buyer’s market, so we’re finding that buyers are looking for particular types of units,” he says. “We’re designing units to meet those needs.”
No word yet on what the newly configured condos might look like. “The area’s hot,” Houlihan says of Streeterville, where 535 St. Clair is planned. “There’s all sorts of different stuff we could do there. We’re trying to decide what mix works in the location.”
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