Ill. Condo Owners Lose To Block $1B Wolf Point Project

Law360, New York (November 19, 2013, 7:44 PM ET) -- An Illinois federal judge on Tuesday dismissed a lawsuit seeking to block the $1 billion Wolf Point mixed-use project planned along the Chicago River, finding that the plaintiffs failed to establish a constitutionally protected property interest in the riverside project.

The Residences of Riverbend Condominium Association, whose members live across the river from Wolf Point, launched a long list of claims against the City of Chicago in May alleging that the 1973 ordinance allowing development of the riverfront lapsed before developers Hines Interests LP and Kennedy...
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