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One More Luxury Apartment Tower Prepares to Break Ground


Image courtesy Curbed Chicago

While one residential tower plan may have recently bit the dust, another prepares to kick up some dirt. Developers Ryan Companies US and Lincoln Property Company have announced that they will break ground on a new apartment tower for 833 N. Clark St. tomorrow morning. The plan for the 31-story tower was approved by the Chicago Plan Commission last autumn, and once completed, the Antunovich Associates-designed tower will bring a whopping 373 apartments to the Gold Coast neighborhood. There seems to be no end in sight to Chicago's apartment boom and this tower will keep the city on track for the nearly 5,000 rental units expected to be delivered next year.
http://chicago.curbed.com/archives/2015/07/23/833-n-clark-groundbreaking.php
 

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Whiskey Tango Foxtrot
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Three New Residential Projects Underway on Busy Clark Street

The stretch of North Clark Street between Chicago and Chestnut is abuzz with activity as not one but three unique developments differing in scale and style are set to transform the area. Whether you're looking for a luxury high rise, tony townhomes, or repurposed historic micro-apartments, this stretch of Clark will soon have a variety of new residences to choose from.

The first project is 833 N Clark, a 31-story residential tower developed by Ryan Companies and Lincoln Property Company. Designed by Antunovich Associates the tower is set add 373 rental units to the neighborhood. Replacing parking lot of the adjacent US Bank located in the landmarked Georgian Revival style Cosmopolitan State Bank building, the tower will include 180 parking spaces with 12 being reserved for bank customers. Above the four-story parking podium expect to find the usual suite of modern amenities that we've become so accustomed to seeing in new residential constructions at this high-end price point. With foundation work complete and the first floor now rising above street level, 833 N. Clark should be on track for occupancy in the first or second quarter of 2017.



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