Michigan Avenue - Niche Media - Michigan Avenue magazine is a luxury lifestyle magazine centered around Chicago’s finest people, events, fashion, health & beauty, fine dining & more!
Issue link: http://digital.greengale.com/i/593406
The ComebaCk king After A recession-driven rough pAtch, developer James Letchinger is bAck on top with the highest-end building to ever hit chicAgo. by Lisa s oL continued on page 132 A rendering of JDL Development's Gold Coast luxury condominium tower No. 9 Walton on the southwest corner of State and Walton. michiganavemag.com 131 Chicago may be one of t he a rchitectural capitals of the world, but when it comes to world-class residential high-rises that set gold standards for enduring design, quality con- struction, and extraordinary amenities, the city is lacking, says James Letchinger, president and founder of JDL Development. "New York has them," says Letchinger, "but Chicago's really behind in buildings that have what high-end buyers want right now." His solu- tion—a patrician 36 -story Gold Coast condominium tower chris- tened No. 9 Walton to refect its address—has broken ground to fill that niche and take center stage as the frst ultra-high-end project to be built in the city since the market's downturn in 2008. HAUTE PROPERTY News, Stars, and Trends in Real Estate