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Under Construction: Damen Condo Development on Three-Year Timeline

By Patty Wetli

Compared with the recent ruckus raised by a non-existent housing development in Northcenter, Alan Candea’s proposal for condos on a vacant lot at 4845 N. Damen Ave. met with little opposition during Tuesday night’s meeting of Winnemac Park Neighbors. Attendees’ muted reaction was more along the lines of “Great, more condos. There goes my dream Read the Rest…

Luxury Condos on Damen to Compete With Single-Family Homes

By Patty Wetli

How rough have the past couple of years been for real estate developers? Alan Candea pulls off his knit cap. “I’m bald, and I’m only 34.” After a two-year spell that Candea says “was Death Valley,” he and his brother Armand, who formed Candea Development in 2006, are exhibiting renewed confidence in Chicago’s condo market, Read the Rest…

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