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Work starts on Chicago loft-condo high-rise

Belgravia Group is bucking the conventional wisdom that the downtown Chicago housing market is in the dumps.

It has started construction on 565 Quincy, a loft-condo high-rise near Union Station.

"By identifying clear market niches, we've been able to still do very well," said Belgravia President Alan Lev.

When complete, 565 Quincy will include 54 lofts and 187 new construction condominium apartments, with prices ranging from $209,000 to $426,000. The building will include 35 floor plans, including junior one-bedroom, one-bedroom, and two-bedroom plans.

For information, call (312) 207-0007 or visit www.belgraviagroup.com. Sales centers are open 10 a.m. to 6 p.m. daily and by appointment.

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