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Miami developer Crescent Heights acquired the real estate for the development in 2012 for $29.5 million. [11] The development was presented in a community meeting on September 22, 2015. [7] The Chicago Plan Commission approved the development on November 19, 2015, in a meeting that also resulted in the approval of the Wanda Vista tower. [12]
To complete the NEMA Chicago tower project, the company secured a $340 million mortgage loan in 2019 to refinance a previous $328 million loan from KKR Real Estate Finance Trust. [ 20 ] [ 21 ] Crescent Heights recently began construction of a 39-story building, called NEMA Miami, located at 2900 Biscayne Boulevard in Miami.
Miami developer Crescent Heights acquired the real estate for the development in 2012 for $29.5 million. [1] The development was presented in a community meeting on September 22, 2015. [ 3 ] The Chicago Plan Commission approved the development on November 19, 2015, in a meeting that also resulted in the approval of the Wanda Vista tower. [ 4 ]
The Latitude Five25 housing towers, which closed at the end of 2022, may be sold to a company that plans to replace the towers with new affordable housing. More: Latitude Five25 tenants to receive ...
It's being called the most expensive residential sale ever in the city of Chicago. Millionaire Sanjay Shah just forked over $17 million in cash for the Trump International Hotel & Tower penthouse.
Christopher Columbus Homes (demolished) Hayes Homes (demolished) Seth Boyden Terrace (vacant) Otto Kretchmer Homes (Dayton Street) (partially demolished) Genesis Towers (vacant) Hill Manor (demolished) Oriental Village; Garden Spires; John W. Hyatt Court (partially demolished) Archbishop Walsh Homes (demolished) Bradley Court; Pennington Court ...
The tower's plans were unveiled in 1988. The plans would falter due to the post-Gulf War market downturn. [1] [2] [3] Miglin-Beitler held hopes of reviving the project, but these were dashed by the murder of Lee Miglin, by serial killer Andrew Cunanan. [3] The tower would have risen 125 floors and 1,999 ft (609 m) feet. [4]
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