Chicago-based Convexity Properties recently held the groundbreaking for 4 East Elm, the first new condominium high-rise to begin construction on Chicago’s North Side in five years and the first in the Gold Coast since 2007. The development offers 35 half- and full-floor condominiums ranging in price from $2.2 million to $7.2 million. Sales began this summer.

The groundbreaking ceremony included Donald R. Wilson, chairman of Convexity Properties and DRW Holdings; Chicago Deputy Mayor Steven Koch; and 2nd Ward Alderman Robert Fioretti. Also on hand were representatives from @properties, which is conducting sales for 4 East Elm; general contractor Leopardo Construction; project architect Solomon Cordwell Buenz; interior design firm Gary Lee Partners; and construction manager Daccord LLC, all based in Chicago. Continue reading