- Rick Levin & Associates will oversee a court-ordered auction of a 251′ x 134′ parcel at 1000 S Michigan Ave in the South Loop, where developers failed to build the 40-story Park 1000 high-rise. The land was appraised at $24 million in 2008, and will start at a suggested opening bid of $9 million when it goes on sale in late July. Crain’s has more.
In early 2008, Patrick Rollens and I toured the Park 1000 sales center with sales consultant Christos Papanastasatos — watch the video above to see what could have been.
- G Corp Development has floated plans for a new mixed-use project with 12- and nine-story towers and more than 100 new homes to be built in the 500 block of West Diversey Parkway on the Lincoln Park / Lake View border, the Sun-Times’ David Roeder reports. Cue complaints in 3…2…1…
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