Urban Real Estate

Developer Looks To Add Height In River North

Developer Looks To Add Height In River North

A high-rise project in River North will be one of the first to take advantage of a new city density program and, though it's already under construction, there are plans to grow by an additional 15 feet and add 26 more units.

The apartment building, being constructed by Centrum Partners, located at the corner of Hubbard and Wells will add .5 points to its allowable Floor Area Ratio (FAR) by making a contribution of just over $400,000 to the city's Neighborhood Opportunity Fund, a program that will help spur development in under-served neighborhoods.

Read more at Curbed Chicago here.