Monday, April 14, 2008

All I can say is "Wow"

If you could see this now....

I know this property is in Bucktown. I know Bucktown is hotter than hot for development. I know prices can be high there.

But $767 per square foot? I repeat: wow. If the national retailers can come in with high rents, and with parking available on this site that makes it a premium location, on top of a great corner, this could be a good deal. But boy, that's going to be an interesting pro forma. And you still have to get it through the alderman and zoning and into a PUD.

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