Meet the Paxon North Loop apartments. On the cusp of the Great Recession, a Chicago developer started building a luxury high-rise condo tower in the heart of the North Loop, but ran out of money and abandoned the project - known then as the Reserve. The site went back to the bank and for years, the hulking concrete foundation and lowest levels of the underground parking garage were cordoned off with a chain link fence, becoming an eyesore as weeds took hold of the site.
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