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

Law360, New York (November 19, 2013, 7:44 PM EST) -- 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...
To view the full article, register now.