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Old Posted Nov 30, 2007, 2:10 AM
SamInTheLoop SamInTheLoop is offline
you know where I'll be
 
Join Date: Sep 2006
Posts: 5,546
[QUOTE=Saber925;3195753]Once BCBS announced their expanded height, the site south of Aqua lost it's value for a high-rise condo building. The southern views of Millennium Park are gone. Magellan still has 3 or 4 sites to develop in the Northeast corner of LSE. These sites will have great lake views and command better prices, so I can see why Magellan wants to trade the site south of Aqua in exchange for increased heights for other buildings.
QUOTE]


I'd agree for condo, but not for rentals. This would be the most ideal site for the next rental tower...
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