Developers Split Riverline Into Two Seperate Projects
Posted by Helaine Cohen on
One of downtown Chicago’s highest-profile residential developments is making some noteworthy changes, according to a recent report out from the Chicago Tribune. Fewer than two years after construction began, the mega South Loop development dubbed Riverline is now being split into two separate projects.
As noted by the Tribune, Australia-based Lendlease is now controlling a 7-acre section of the development site just north of River City, while Chicago-based CMK Cos. will develop the other 8-acre parcel just south of that.
Despite the changes, the overall project scope of the Riverline master plan hasn’t changed, only each individual developer will now manage individual project details like financing, construction schedules, and potential uses for…
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