Limerickbiz.com - Limerick Construction aggregation undertake development in Chicago

Ger O'Rourke, the skipper of Yacht Chieftain that abundantly won the Sydney Hobart Yacht Race endure December, and buyer of Chieftain Construction has taken to the shores of Chicago's Lake Michigan for his latest claiming which will see him advance 333 address homes on Chicago city's celebrated South Loop neighbourhood.

The Limerickman is depending on the calm and agreeable amnion of Chicago's acclaimed battleground to allure buyers to the absolute development to be alleged Lexington Park, which will be complete on the website of the above Lexington Hotel.

"For three or four years we accept been analytic to body in the United States. We originally looked in New York and in Boston but acreage prices there accept climbed so abundant that acknowledgment accommodation was added limited," Mr O'Rourke said.

"With both able application and bread-and-butter advance we are assured that there is above acknowledgment abeyant and inherent amount in Chicago. We abide on the attending out for added acceptable sites in the US and elsewhere," he added.

The new con dos will accept an boilerplate auction amount of $325 per aboveboard bottom and assemblage prices in the new development ambit from $210,000 up to $650,000 for prime accommodation units.

The website of the aboriginal Lexington Hotel was fabricated acclaimed as the area from which the Mafia Godfather Al Capone advance calamity above Chicago during the prohibition years and hatched the affairs for the St Valentine's Day Massacre.

It is aswell aural walking ambit of Millennium Park, the beach walks alternating Lake Michigan including Museum Campus, Burnham Harbour and 12th Street Beach. The majority of units accept ceaseless angle over Lake Michigan and Soldier Field, which is home of the Chicago Bears American Football Field to the north, east and south, angle of city Chicago to the arctic and China Town to the west.

Chieftain is an accustomed developer of mixed-use, bartering and residential projects and afresh appear its captivation in the Tshwane International Conference and Convention Center in South Africa.

Since its enactment in 1992 Chieftain Group has auspiciously acquired in balance of £1 billion account of architecture projects in Ireland, South Africa, Eastern Europe, the UK and Chicago. Turnover in 2006 will be balance of €50 million.

Lexington Park will be launched with HOK in Dublin Ireland on May 5th. and 6th. 2006.

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