The Renelle on the River condo development, located at 403 N. Wabash Ave., is set to move ahead after securing a $52 million construction permit, according to Curbed Chicago.

Belgravia Group is the project’s developer, while bKL Architecture designed the River North building. 

The 18-story building will include 50 luxury condos. Some units will have three bedrooms and some will have four bedrooms. The condo building will have other features like an indoor and outdoor rooftop and a gym, according to the report. The units are expected to range in price from $1.3 million to $3 million or more.

Rendering courtesy of Renelle on the River