Chicago - Urban New Construction & Proposed Multifamily Projects 2Q20
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Chicago - Urban New Construction & Proposed Multifamily Projects 2Q20 ID PROPERTY UNITS 11 Edge on Broadway 105 11 16 Four50 Residences 80 18 Eagles Building Redevelopment 134 132 57 Total Lease Up 319 39 1900 West Lawrence Avenue 59 112 50 Dakin Street & Sheridan Road 54 Total Under Construction 113 111 Foster Beach 56 54 1801 West Grace Street 62 55 1825 West Lawrence Avenue 166 133 56 5356 North Sheridan Road 50 114 57 Loft Lago 59 58 Wilson Red Line Development 110 59 Lake Shore Drive 332 39 137 140 Mixed-Use Development 55 60 Panorama 140 113 58 Montrose Beach 61 Clark and Drummond 84 139 62 Edith Spurlock 135 134 Redevelopment - Lincoln Park 485 110 Lathrop Chicago Redevelopment Phase II 702 138 111 5440 North Sheridan Road 78 112 Edgewater Medical Center Redevelopment 141 113 4601 North Broadway 197 136 114 The Draper Phase II 368 50 115 18 115 3921 North Sheridan 120 54 Total Planned 3,094 59 132 Loft Lago 59 144 133 Park Edgewater 365 134 1030 West Sunnyside Avenue 144 60 135 4511 North Clark Street 56 16 136 Immaculata High School 220 142 Lincoln Park 137 Lawrence & Magnolia Mixed-Use 54 141 138 The Montrose Phase II 160 139 Wilson Avenue 73 143 140 Winthrop Avenue Multi-Residential 84 110 201 62 61 141 Ashland Avenue 79 144 Optima Lakeview 246 Peggy Notebaert 142 Bel Ray Redevelopment 136 201 Hotel Covent Redevelopment 114 Nature Museum 143 Lincoln Park Plaza Phase II 57 Total Prospective 1,847 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Urban New Construction & Proposed Multifamily Projects 2Q20 34 165 81 5 ID PROPERTY UNITS 5 The Elaine 304 8 7645 North Sheridan Road Renovation 78 Total Lease Up 382 80 33 Veteran`s Circle 75 34 Tamarisk NorthShore 240 82 Total Under Construction 315 84 88 53 7519 North Ashland Avenue 81 80 1850 Glenview Road 72 83 81 Northbrook Court Redevelopment 300 53 8 82 Heritage Village 924 Pointe Redevelopment 87 86 83 8000 North 153 167 84 8700 Waukegan Road 184 85 Jefferson Place 114 86 Niles Horizon Senior Living 72 204 87 Purple Hotel Redevelopment 300 33 88 Sawmill Station 250 85 89 7141 West Wabansia Avenue 152 90 North Avenue Sears Redevelopment 161 174 Total Planned 2,763 169 170 165 1085 Lake Cook 212 168 167 100 Euclid Avenue 91 168 Belmont Avenue 146 169 Six Corners 265 170 Six Corners Sears Redevelopment 313 90 89 174 Sabatino Building Redevelopment 100 204 8535 West Higgins 297 Total Prospective 1,424 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Urban New Construction & Proposed Multifamily Projects 2Q20 178 176 175 92 196 160 ID PROPERTY UNITS 79 107 197 51 4400 Grove 164 203 108 161 52 Cicero Senior Lofts 62 51 Total Under Construction 226 52 163 162 122 79 33rd Street & South Michigan Avenue 102 92 711 Madison Street 174 164 107 Parkview Lofts 125 108 LeClaire Revitalization 183 198 199 109 Montclare Veterans Village of Roseland 78 ILLINOIS 122 5424 South Cornell Avenue 64 INDIANA Total Planned 726 160 Burnham Lakefront 1,100 161 43 Green Phase II 126 162 5211 South Prairie 100 163 Harper Court 425 164 Park Station Lofts 135 175 855 Lake Street Redevelopment 65 109 176 Lake Street and Park Avenue 100 178 Division Mixed-Use West Side 100 196 Storkline Factory Redevelopment 148 197 Parkview Lofts Phase II 50 198 Marquette Road 151 199 West Marquette Road & Wentworth Avenue 100 200 200 Whistler Crossing Phase II & III 250 203 43 Green 91 Total Prospective 2,941 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Urban New Construction & Proposed Multifamily Projects 2Q20 The Lakefill 166 Segal Visitors Center 10 130 14 129 128 Arrington 131 15 Lagoon at ID PROPERTY UNITS Dawes Park 10 Avidor Evanston 169 14 1555 Oak Avenue 80 15 Albion Evanston 273 Total Lease Up 522 128 1555 Ridge Avenue 68 129 601 Davis Street 318 130 The Legacy 240 131 Trulee Evanston 163 166 1900 Sherman Avenue 80 Total Prospective 869 500 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Urban New Construction & Proposed Multifamily Projects 2Q20 91 172 171 7 26 147 ID PROPERTY UNITS 7 Motif on Belden 100 123 12 2701 West Armitage 59 12 Total Lease Up 159 26 Triangle Square 300 38 Trailhead 109 173 38 Total Under Construction 409 91 2747 North Milwaukee 60 93 1237 North California Avenue 100 123 Lincoln Yards 5,000 124 1624 West Division Street 168 125 Teachers Village Chicago 107 183 Total Planned 5,435 125 147 Webster Place 100 171 2418 North Milwaukee Avenue 100 93 124 172 City Lit Redevelopment 150 179 173 Encuentro Square 74 179 Division& Western Seniors 111 183 North Damen Avenue & West Schiller Street 50 Total Prospective 585 1000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Urban New Construction & Proposed Multifamily Projects 2Q20 ID PROPERTY UNITS 19 North Park Pointe 69 21 K Square 268 23 1325 North Wells 60 24 The Northland 60 Total Lease Up 457 21 145 27 Three Old Town Park 456 146 28 One Chicago Square 795 116 32 353 West Grand 356 37 19 24 37 North + Vine 261 41 740 North Aberdeen 188 153 65 42 Sedgwick Street 105 44 Bush Temple Phase II 129 118 42 45 The Clark 98 23 Total Under Construction 2,388 45 64 63 110 East Delaware 68 149 Oak Street 64 1200 North State Street 91 Beach 27 65 1535 North Dayton 197 148 66 401 West Chicago Avenue 59 69 67 757 North Hudson 133 68 68 Morningside North Redevelopment 256 154 63 69 Oak Street & Larrabee Street 104 Museum of 202 94 700 West Chicago 330 Contemporary Art... 155 95 777 West Chicago Avenue 5,900 94 Temporarily closed 152 117 44 96 96 West Chicago Avenue & 66 28 North Milwaukee Avenue 97 95 116 North Avenue 92 41 117 808 North Wells 279 67 118 Cabrini Green 482 Total Planned 8,088 182 32 145 1724 N Halsted 100 151 156 150 146 1728 North Clybourn 68 148 1120 North State Street 368 154 Greyhound Maintenance Center 1,000 149 236 West Division Street 50 155 Moody Bible 2,500 150 400 Lake Shore Drive 550 156 Tribune Tower East 439 151 55 West Illinois Street 100 182 Grand Avenue 83 152 Cleveland + Chicago Residential 200 202 Cabrini - Green Redevelopment 2,400 153 Fremont Square 500 Total Prospective 8,358 1000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Urban New Construction & Proposed Multifamily Projects 2Q20 ID PROPERTY UNITS 1 River City 449 2 Century Tower 292 3 The Jax 166 4 Imprint 349 6 Millennium on LaSalle 210 9 Porte 586 13 Wolf Point East 698 100 70 17 The Alfred 176 103 20 731 South Plymouth Court 343 13 74 Total Lease Up 3,269 187 2 36 126 102 29 25 166 North Aberdeen 236 104 25 101 30 29 Cascade 503 192 30 Parkline 190 43 31 1125 W Van Buren 200 9 35 Alta Grand Central 346 6 190 36 MDA City Club Phase II 81 49 47 17 43 Warren 75 73 71 47 Adams Laflin Place 52 72 3 49 The Duncan 260 189 97 99 Total Under Construction 1,943 98 31 191 184 76 70 Wolf Point South 200 157 71 202 South State Street 429 35 75 4 72 300 North Michigan Avenue 290 73 Common Burnham 159 158 20 74 East Lower Wacker & 185 1 North Lake Shore Drive 525 75 LaSalle Street Residential Development 200 76 Wabash & Van Buren 344 157 600 South Clark 202 97 1050 W Van Buren 201 158 Polk Dearborn Development 60 98 1061 West Van Buren 351 184 419 South Peoria Street 90 99 315 South Jefferson 69 185 557 West Polk 110 100 352 North Union 373 187 Lake Street Mixed-Use Development 479 101 900 West 300 189 Racine Avenue 72 102 Bridgford Foods Redevelopment 314 190 Sangamonroe Multi 103 Canal Street Tower 343 Residential Development 193 104 Randolph Street 500 191 Van Buren Street 351 126 166 North Aberdeen 235 192 West Loop 100 Total Planned 4,833 Total Prospective 1,657 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Urban New Construction & Proposed Multifamily Projects 2Q20 177 ID PROPERTY UNITS 181 22 NEMA Chicago 800 180 Total Lease Up 800 Buckingham Fountain 40 IMD Gateway 230 186 46 Aspire Residences 275 40 188 48 Common Addams 59 Shedd Aquarium Total Under Construction 564 159 77 Temporarily closed 106 205 120 22 77 Nema Chicago Phase II 648 119 78 One Central 100 105 127 105 Ogden Commons Phase II 221 48 106 Roosevelt Road 90 206 195 119 14th & Wabash 292 78 120 The 78 10,000 193 121 Southbridge 867 194 46 207 127 Ogden Commons 111 Total Planned 12,329 121 159 Nema Chicago Phase III 100 177 2404 West Grand 78 180 Garfield Green Residential 77 181 Garfield Park 114 186 Cook County Hospital Rehabilitation 100 31st Stree 188 Nova 254 193 1820 S Leavitt 50 194 Renaissance Village 448 195 St. Adalbert Redevelopment 50 205 Roosevelt Square Redevelopment Phase II 3,323 206 ParkWorks 434 207 Punta Lacuna 208 Total Prospective 5,236 2000 ft Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Urban New Construction & Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 River City 800 South Wells Street Chicago IL 60607 Lease-Up 449 Loop 01/21/2019 09/30/2021 02/20/2019 2 Century Tower 182 West Lake Street Chicago IL 60601 Lease-Up 292 Loop 06/21/2018 04/30/2021 10/24/2018 3 The Jax 1220 West Jackson Chicago IL 60607 Lease-Up 166 Near West Side 08/01/2019 01/31/2021 03/05/2020 4 Imprint 717 South Clark Street Chicago IL 60605 Lease-Up 349 Loop 07/30/2019 12/31/2020 02/26/2020 5 The Elaine 1000 Skokie Blvd Northbrook IL 60062 Lease-Up 304 Wilmette - Northbrook 01/05/2018 10/31/2020 11/11/2019 6 Millennium on LaSalle 29 South LaSalle Street Chicago