Although the Motor Row Lofts (2301 S. Michigan Ave.) may have wrapped up construction, sales of the condos have stalled. According to
Crain's Chicago, this has
resulted in a foreclosure suit against the developer.
In our opinion this area is one of the most underdeveloped portions of the greater
Sloopin region. Although today it might not be the most desirable place to live and visit, we agree with this
YoChicago commenter assessing this area:
This should not diminish from an area that I think has the best potential when things rebound. Like it or not, Cermak is the new Roosevelt of 1997. So many positive things potentially happening; Ickes Home demo, Olympics, possible Green Line Station, McCormick Place completion, etc., that this area is a sleeper on snooze for another year or two.
I hope the Falcon's nesting grounds are found, maybe at Motor Row.
ReplyDeleteHi,
ReplyDeleteWe have just added your latest post "Sloopin - A South Loop Blog: Foreclosure Stalls Motor Row Lofts" to our Directory of Foreclosure. You can check the inclusion of the post here . We are delighted to invite you to submit all your future posts to the directory and get a huge base of visitors to your website.
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