$20.9M loan secured for apartments construction in Lincoln Park

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Norweta Row in Chicago/Flickr

Citizens Bank announced a $20.9-million loan for the construction of 42 luxury apartments at Norweta Row in Chicago’s Lincoln Park neighborhood, Re Business Online reports.

The development also includes 31 condominium units that will share amenities with the apartments. The apartment phase of the project, encompassing 79,000 sq. ft., is expected to be completed in spring 2019.

Community amenities will include a pool, fire pit, outdoor grilling area, sport court and dog wash station.

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