Multifamily N Illinois

275-unit South Loop multifamily project breaks ground

275-unit South Loop multifamily project breaks ground,ph1

Draper and Kramer, Incorporated announced that it has started construction on 2111 S. Wabash Avenue, a 24-story, 275-unit building in the McCormick Square area of Chicago’s South Loop. Located less than one block from the CTA’s Cermak/McCormick Place Green Line station, the transit-oriented development will offer residents a convenient location just a five-minute train ride from Chicago’s Loop.

“With 2111 S. Wabash, we are helping advance the city’s vision for McCormick Square as a dynamic mixed-use area boasting a blend of entertainment, retail and residential offerings in proximity to the central business district,” said Ed Polich, executive vice president of real estate with Draper and Kramer, the project’s developer. “These apartments meet the growing demand for new rental housing in this burgeoning part of the South Loop as the evolution of the McCormick Square and Motor Row entertainment district continues.”

Designed by Solomon Cordwell Buenz (SCB), 2111 S. Wabash will have a modern, asymmetric base, topped with a glass tower with a “sawtooth” façade that provides functional living areas in the form of bays within individual residences.

“We wanted the design of this tower to reflect the dynamism of the neighborhood,” said John Lahey, principal of SCB. “By selectively extruding the façade, we were able to not only capture great views to downtown from the units, but also create a prismatic effect in which the light will constantly change the appearance of the building depending on the time of day.”

Apartments will range from 529 to 1,411 square feet and include a mix of one-, two- and three-bedroom plans, all of which will feature open layouts and floor-to-ceiling windows that afford virtually unobstructed views in all directions. High-end unit finishes will include plank flooring and modern kitchens with European-style cabinets, quartz countertops and stainless steel appliances.

A 25,000-square-foot amenity level on the fourth floor will feature a club lounge with bar, co-working space, music practice and performance rooms, game room, fitness and yoga studios, and a lushly landscaped outdoor terrace featuring dining and grilling stations, fire pits, cabanas and a pool.

“2111 S. Wabash will offer a finish level and amenities similar to other downtown luxury rentals, but at a more attainable price point than is typically found in neighborhoods with comparable proximity to the Loop,” Polich said. “In an area that is hungry for new apartment options, we expect this building will appeal to a wide range of renters.”

The general contractor for the project is a joint venture between Chicago-based Power Construction Company LLC and Ujamaa Construction.

When complete in summer 2020, 2111 S. Wabash will join over a dozen new bars and restaurants that have opened in McCormick Square in recent years, along with DePaul University’s 10,387-seat Wintrust Arena, a 1,205-room Marriott Marquis and a 466-room tri-branded hotel featuring Hilton Garden Inn, Hampton Inn and Home2 Suites by Hilton.

2111 S. Wabash also complements ongoing development in nearby Motor Row, a National Historic Landmark that was originally named for the car dealer showrooms lining Wabash, Michigan and Indiana avenues from 1905 to 1936. The area later became home to a number of music clubs and recording studios from the 1950s to the mid-1970s. Today, Motor Row is experiencing a resurgence with the opening of new bars, breweries, restaurants and event spaces, as well as proposed developments seeking to add co-working space and other retail and commercial uses.

As part of the development, Draper and Kramer is donating nearly $750,000 to two historic neighborhood churches to help support major restoration projects. Founded in 1842, Second Presbyterian Church boasts a stunning gothic revival exterior. Founded just two years later in 1844, Quinn Chapel AME Church is home to the city’s oldest African American congregation.

In addition to offering proximity to the Green Line, 2111 S. Wabash is also close to the Stevenson and Dan Ryan expressways, Lake Shore Drive and other major thoroughfares. Chinatown, Pilsen and Bronzeville are easily accessible from the property, as are popular cultural, recreational and entertainment destinations including Soldier Field, the Museum Campus, Lakefront Trail and Northerly Island.