Tuesday, May 24, 2016

North Harbor Tower Added to Portfolio of Crescent Heights-Branded Properties in Chicago, IL

North Harbor Tower, Indoor Pool, 175 North Harbor Drive
Chicago, IL
CHICAGO, IL — The Chicago office of Crescent Heights® announced 175 Harbor Drive, LLC has acquired North Harbor Tower, a 600-unit apartment tower located at 175 N. Harbor Drive in Chicago.

North Harbor Tower is located within a 28-acre, award-winning master-planned community in the Lakeshore East neighborhood. Terms of the acquisition were not disclosed.

The 55-story building, which currently offers a mix of studio, convertible, one-, two-, and three-bedroom units, features unique floor plan arrangements with airy bay windows.

“North Harbor Tower boasts one of the most advantageous lakefront locations in downtown Chicago,” said Tomer Bitton, principal at Crescent Heights. “Our goal is to realize the full potential of this underutilized asset through a multimillion-dollar investment to reflect the Crescent Heights Inspired Living brand.”

For a complete copy of the company’s news release, please contact:

Julie Liedtke, jliedtke@taylorjohnson.com, (312) 267-4521
Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528

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