Two months ago, Joe reported that foundation work had finally finished, and that The Enterprise Companies and Mesirow Financial Real Estate‘s Walton on the Park high-rise development would finally start climbing vertically. The photos he posted showed a big crane towering over a small elevator core and a few cement columns that will serve as the base of the two adjoining 37- and 32-story high-rises.
Now, eight weeks down the road, the lower levels are finally starting to take shape at 2 W Delaware Pl, and the construction site is coming to life. It’s hard to say how much work will be done on this development in the coming months. As anyone reading this in Chicago surely knows, snow started falling early this morning, and it hasn’t let up much since (the above photo was taken last week).
The southern tower of Walton on the Park is set for completion in 2010, and as Ralph Oliva from Coldwell Banker told Joe last winter, once 75 percent of the homes in the south tower are sold, construction will begin on the north tower.
As of August, about 50 percent of the 198-unit south tower had been sold. Together, the two towers in Walton on the Park will comprise 391 one- to three-bedroom condos that will be priced from the $550s to $2.8 million.
– Rate and review Walton on the Park at NewHomeNotebook.com.
