East Riverside Drive is about to take the next leap forward in its evolution, with the imminent opening of a new wave of development that will add more than 800 upscale apartments to the area, including the first units in Grayco Partners’ South Shore project.
Grayco’s $200 million development, off East Riverside and Arena Drive just east of downtown, will welcome its first tenants in August. Construction is expected to wrap up in early 2014 on all 506 units that make up the first three phases.
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