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Two Towers Add 396 Units to South Loop Multifamily Inventory

CHICAGO-The newest development to begin in the South Loop residential market is the 401,000-sf Vision on State, while the 143-unit Lakeside Tower prepares to celebrate its topping off.

By Dana Dubriwny | Updated on October 21, 2005

(To read more on the multifamily market, click here.)

CHICAGO-As ground breaks on the 253-unit, 401,000-sf Vision on State, the 143-unit Lakeside Tower anticipates a November topping off. Located less than one mile apart, the two condos add 644,000 sf and 396 units to the South Loop residential market.

Vision on State, developed by 13th & State LLC and designed by Papageorge/Haymes Ltd., is located at 1255 S. State St. Unit sizes range from 610 sf to 1,627 sf with one-, two- and three-bedroom floor plans. Amenities of Vision on State include an on-site fitness center, business center, hospitality room, individual storage units, a bike room and an indoor parking garage that can accommodate approximately 300 vehicles. Additionally, the street level of the condo tower will feature 14,000 sf of retail space. The tower is slated for a July 2007 completion.

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