52 results for “streeterville”
Multifamily N Illinois

Related Midwest begins pre-leasing at One Bennett Park

Related Midwest has begun pre-leasing for the 279 apartment residences at One Bennett Park, the developer’s new 70-story, traditional Chicago-style residential tower in the city’s Streeterville neighborhood. One Bennett Park is the first Chicago high-rise by Robert A.M. Stern Architects (RAMSA), which also designed the tower’s interiors. Fi…

Multifamily N Illinois

Marcus & Millichap brokers $10.3M deconversion sale

Marcus & Millichap has brokered the $10.3 million deconversion sale of 227 E. Walton Place, a 13-story multifamily building in Chicago’s Streeterville neighborhood. The buyer, a group of private investors based in California, plans to convert the property’s 25 condos back into rentals.

Multifamily N Illinois

New luxury apartment building headed to Streeterville

465 North Park, the luxury high-rise that is going up in Chicago’s Streeterville neighborhood, has begun pre-leasing ahead of an August delivery. Developed by Jupiter Realty Company, on behalf of owners MetLife Investment Management and Allstate, the buildingis located at Illinois Street and Park Drive just steps from Lake Michigan and the …

Multifamily N Illinois

Infamous Chicago Spire site to get two-tower development

| Matt Baker

The veil has finally been lifted on the development plans for 400 N. Lake Shore Drive. What was once to be the site of the Chicago Spire will now feature two soaring towers with a mix of a rental, condo and hotel uses. Representatives from Related Midwest, Skidmore, Owings & Merrill (SOM) and Kimley-Horn & Associates joined 42nd Ward Alderm…

Multifamily N Illinois

Chicago's One Bennett Park places final steel beam

Developer Related Midwest and general contractor Lendlease this week marked the completion of structural steel work at One Bennett Park, Related’s ultra-luxury residential development at 451 E. Grand Avenue in Chicago’s Streeterville neighborhood. Designed by Robert A.M. Stern Architects (RAMSA), with an adjacent park by Michael Van Valkenb…

Multifamily N Illinois

HFF secures senior financing for Class A apartment development

Holliday Fenoglio Fowler, L.P. (HFF) announced senior financing for NEXT, a 310-unit, Class A luxury apartment tower in Chicago’s River North neighborhood. The HFF team worked on behalf of the borrower, a joint venture between Fifield Companies and Strand Corporation, to secure the seven-year, fixed-rate loan through a correspondent life in…

Multifamily N Illinois

How much of a boon to multifamily are corporate relocations?

| Matt Baker

Chicago has welcomed a number of high-profile corporate relocations in recent years and made Amazon’s short list for a second headquarters. If the city were to land HQ2—or another huge office expansion/relocation, now that Apple has started its own site selection sweepstakes—how would the region’s multifamily sector respond?