31 Luxury Condos Coming to Wells & Ontario in River North?

Posted by Helaine Cohen on Friday, December 9th, 2016 at 11:36am.

Blanc Chicago Condos For SaleReports have recently surfaced that detail another condo development possibly coming to River North, this time over at the southwest corner of Wells and Ontario. Currently, Carson’s Ribs occupies the site, however, if developers move forward with the project, the existing building and the adjacent parking lot would be replaced by the contemporary new condo tower, which could potentially include 31 luxury condo residences. 

The developers behind the new Wells and Ontario project are both Milwaukee-based firms, Barrett Lo Visionary Development and Rinka Chung Architecture. According to Curbed, Barrett originally purchased the Carson’s property all the way back in 2011 for $4.6 million, but still plans to keep the restaurant as a ground floor tenant if or when the new development takes shape. 

Along with the 31 condo residences, the project would also include 128 parking spaces, which would be divided up between 44 resident parking spaces and 84 retail-use parking spaces. For now, the new development is called “Blanc Chicago,” but further details have yet to be released.  

Helaine Cohen, Chicago Real Estate Broker

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