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Chicago Picks Three Finalists for Office-to-Residential Conversions in Longtime Financial Corridor

Combined Proposals Would Create More Than 1,000 Apartments, 30% of Which Would Have Affordable Rents

Prime Group and Capri Interests propose redeveloping a Chicago office building at 111 W. Monroe St. into 349 apartments, 226 hotel rooms and a rooftop deck. (City of Chicago)
Prime Group and Capri Interests propose redeveloping a Chicago office building at 111 W. Monroe St. into 349 apartments, 226 hotel rooms and a rooftop deck. (City of Chicago)

Chicago officials have picked three finalists for office-to-residential conversions on LaSalle Street, the onetime financial center now struggling with high vacancy and unwanted, older corporate space.

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