Sales at eco18, the green condo building planned in the South Loop at 1818 S Wabash Ave, appear to have gotten off to a strong start. Last night Howard Adelstein of Dynaprop Development Corp, which is developing the 12-story tower, called to tell me that they took 28 reservations in the first weekend of sales.
As we mentioned, the developers held an opening party last Thursday at the sales center, 1830 N Wabash Ave. The 93-unit building will have 9,000 square feet of ground-floor retail.
Dynaprop president Rick Turner has said eco18 is the first large-scale condo project in the city to seek LEED Gold Certification from the U.S. Green Building Council. LEED (Leadership in Energy and Environmental Design) is a national rating system that measures sustainability in building.
That’s pretty impressive, especially given the fact that the market is slower right now. Then again, with something so uniquely important, it should have no problem selling out, maybe even by summer’s end.
Maybe to blind people…
Schaumburg design comes to the South Loop again.
Looks just like that building on the corner of Randolph and the Kennedy.
Is it really 12 stories? It looks more like 11 but maybe I can’t count.
I am sure the base is 3 stories tall. Parking levels usually have lower ceiling heights than the units…
What Schaumburg building does it remind you of?
Could they have possibly made this a less attractive building? I find it almost bazaar how they want to marry forward thinking green technology with backward thinking design.
The project will completely sell out in 3 months? That didn’t happen even at the peak of the boom.