566 West Van Buren | Chicago, Illinois
Chicago, Illinois
Riverside Investment & Development is advancing a new multifamily project in Chicago’s West Loop, reinforcing long-term confidence in one of the city’s most connected and resilient transit-oriented neighborhoods. Backed by long-term debt and equity partners, the development is delivering high-quality residential product in a supply-constrained environment. The project is designed by Antunovich Associates and is being built by Clark Construction.
Facts
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12-story, 199-unit multifamily development at 566 West Van Buren Street
1-block west of BMO Tower / Union Station
$85 million project is in partnership with Blue Star Properties and Metropolis Investment Holdings, and Atlantic Residential
$64 million HUD 221(d)(4) construction loan to 40-year permanent loan.
Targeted completion is early 2027
