566 West Van Buren | Chicago, Illinois

Evanston
Written By Riverside Development
 
 

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

    • 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 2027corridors, elevator access,
      central courtyard and either a resort-style pool or water feature.

    • Over 700 parking spaces consisting of garage, covered, and surface parking

    • Additional amenities include a dog park, 1.5-acre stocked fishing lake and private balconies for every unit.

 
 
Riverside Development
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