March 23, 2018
Vermilion Development said it would begin sales soon on Alcove M.D.P., the condominium and townhome development it’s building in Wicker Park. Located at 1648-1650 Division St. and adjacent to a mixed-use rental project, Alcove M.D.P. is named for its location between Milwaukee (M), Division (D) and Paulina (P) streets.
“We’re entering the condominium market just as it’s starting to heat up again – giving buyers more options for new construction,” said Dave Cocagne, Vermilion’s president and CEO. “As many renters are making the move to homeownership, the condominiums and townhomes at Alcove M.D.P. will be a much-needed addition to this popular neighborhood.”
Aaron Galvin of Luxury Living Chicago Realty, which will co-market the units, said Alcove M.D.P. will be “the first large-scale condo development project in Wicker Park since 2007, and certainly the most unique with a highly curated sensibility.” Pre-sales will begin in early April, with deliveries in late 2019.
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