Seemingly undeterred by reports of a softening condo market, Frankel & Giles plans to unveil the 116-unit project Prairie District Lofts in early 2007. The building, which is located at 1727 S Indiana Ave, is already a rental loft building as many people likely are aware.
Units will be priced from the mid-$200s to the mid-$400s. We’re told we should have more details on this project later in the week. The photo above was taken of one of the lofts in its rental condition and doesn’t necessarily reflect how the units will look as condominiums, although it does demonstrate some lovely lofty features (exposed brick walls, timber rafters), doesn’t it? The timber is quite a find in the market for new lofts these days, as most of the old timber buildings were converted years ago. The building once housed a commercial photography company.
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