The first respondent is quite accurate. The combination of location and anticipated quality construction along with unit size creates an equation that makes this project a likely winner. In the current environment it may be that original timelines will be slightly delayed - this is not uncommon in the current economic environment in which loaned monies are harder to acquire both for builders and buyers. But all told, this delay likely promises to be a glitch and temporary delay en route to a successful project.
Best of luck with your search for a home in Chicago.
Luxury Home Marketing Specialist
Accredited Buyers Representative
@properties and The Real Estate Lounge Chicago