Urban Chicago New Construction & Proposed Multifamily Projects 4Q18
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Urban Chicago New Construction & Proposed Multifamily Projects 4Q18 78 165 167 ID PROPERTY UNITS 3 1323 West Morse 50 5 Eight Eleven Uptown 373 30 8 Lathrop Homes Redevelopment 413 11 Wave Lakeview 207 15 Noca Blu 138 16 Addison & Clark 148 17 550 W Arlington Place 91 18 2102 North Natchez Avenue 84 22 ELEVATE Lincoln Park 191 Total Lease-Up 1,695 24 Albion Evanston 270 30 1000 Skokie 304 31 975 West Wilson 149 33 Logan's Crossing 220 34 Link, The 242 37 Fields, The 123 38 2065 North Southport Avenue 56 39 Lincoln Common, The 538 40 Concord at Sheridan 111 49 Edgewater Medical Center Redevelopment 141 50 450 West Belmont 80 52 5050 North Broadway 342 54 1555 Oak Avenue 80 55 7645 North Sheridan Road Renovation 78 166 56 5536 North Sheridan Road Redevelopment 80 57 Windale Redevelopment, The 81 77 58 Eagles Building Redevelopment 134 63 2701 West Armitage 59 Total Under Construction 3,088 65 1801 West Grace Street 62 66 1825 West Lawrence Avenue 166 34 168 67 6145 North Broadway 105 97 115 117 68 4906 North Clark Street 54 54 116 77 Glenview Active Living 169 24 78 Lake Cook Road 240 79 8000 North 153 81 80 8110 Lincoln Avenue 100 81 8700 Apartments 184 82 Jefferson Place 114 80 83 Niles Horizon Senior Living 72 84 Veteran`s Circle 75 79 85 Triangle Square 370 97 1727 Oak Avenue 169 55 98 1900 West Lawrence Avenue 59 99 Lathrop Homes Redevelopment Phase II 619 169 100 Overture Edgewater 174 83 101 4601 North Broadway 197 3 102 3921 North Sheridan 120 103 Dakin Street & Sheridan Road 54 108 2835 West Belden 100 40 Total Planned 3,356 118 115 1700 Sherman Avenue 152 67 116 601 Davis Street 318 57 117 Legacy, The 215 118 Arcade, The 136 205 49 119 Park Edgewater 365 56 120 1030 West Sunnyside Avenue 144 170 100 121 5063 North broadway 368 119 122 Montrose Phase II, The 160 84 121 123 Wilson Red Line Development 110 68 52 124 3300 North Clark Street 140 82 98 66 125 Ashland Avenue 79 123 31 101 126 Bel Ray 136 120 127 Lincoln Park Plaza Phase II 57 5 122 165 1085 Lake Cook 212 166 1850 Glenview Road 72 167 Northbrook Court Redevelopment 300 173 103 178 102 168 1900 Sherman Avenue 80 172 65 58 169 Purple Hotel Redevelopment 300 16 170 8601 West Bryn Mawr 394 172 Six Corners 265 124 173 Six Corners Sears Redevelopment 550 126 50 11 125 174 2418 North Milwaukee Avenue 100 LEGEND 175 2747 North Milwaukee 60 99 8 127 176 City Lit Redevelopment 150 Lease-Up 37 175 177 Lincoln Yards 5,000 33 Under Construction 176 22 17 178 Sabatino Building Redevelopment 100 174 15 39 205 8535 West Higgins 297 Planned 85 Total Prospective 10,260 108 Prospective 18 63 177 38 1 mi Source: Yardi Matrix a Berkshire Hathaway and Jefferies Financial Group company Urban Chicago New Construction & Proposed Multifamily Projects 4Q18 ID PROPERTY UNITS 1 727 West Madison 492 2 Century Tower 292 4 One Bennett Park 279 6 Cooper, The 452 171 7 Van Buren, The 148 9 Old Town Park 405 10 710 West 105 12 Wells Place 84 13 Ardus, The 149 14 1325 North Wells 60 19 33 South Aberdeen 50 27 20 X Chicago 99 179 45 21 Aberdeen Monroe Place 70 23 Northland, The 60 69 Total Lease-Up 2,745 206 25 Atrium Village Redevelopment Phase II 428 128 104 26 Milieu on the Park 275 70 60 23 27 Albion at Oak Park, The 265 139 129 59 105 28 Union West 358 111 183 203 29 1600 East 53rd Street 246 14 42 130 32 Wolf Point East 698 109 9 72 35 1925 Hartman Building Redevelopment 176 142 25 201 36 NEMA Chicago 800 73 41 KLEO Art Residences 58 140 141 71 42 Apartments 65 Lakes 58 202 196 181 136 137 43 Paragon, The 500 184 138 74 44 Shoreline Building Redevelopment 100 86 182 132 45 Harlem & South 263 110 13 46 Roosevelt Square Redevelopment 73 180 10 131 143 4 47 West Lake Street & North Ada Street 263 76 135 134 133 48 Millennium on LaSalle 207 92 87 144 193 95 51 Essex on the Park 479 32 147 152 53 165 North Aberdeen 75 207 53 191 2 90 145 153 59 1441 North Wells Street 50 47 208 189 60 301 West North Avenue 69 114 28 148 61 Insurance Center Building 132 107 19 113 1 48 198 21 35 62 Johnson Publishing HQ Redevelopment 150 93 64 146 64 128 South Laflin Street 52 112 185 26 194 197 7 91 61 Total Under Construction 5,775 186 88 187 69 Kennelly Square 268 163 155 149 150 731 South Plymouth Court 343 162 29 190 75 150 70 North Avenue & Larrabee Street 293 151 Alta Grand Central Phase II 173 94 151 188 6 51 71 110 East Delaware 68 152 East Lower Wacker & North Lake Shore Drive 525 41 192 154 72 1201 North Clark 98 153 North Harbor Drive 1,700 46 12 62 73 Oak Street & Larrabee Street 104 154 Polk Dearborn Development 60 36 161 74 One Chicago Square 795 155 Southbank 2,248 209 75 Alta Grand Central 173 159 43 160 156 1419 South Wabash Avenue 62 164 76 33rd Street & South Michigan Avenue 102 158 157 2109 South Wabash 275 210 20 204 86 734 North Milwaukee Avenue 226 158 45-59 East 14th Street 199 156 87 Canal Street Tower 228 44 89 159 78, The 100 199 211 88 1061 West Van Buren 298 160 One Grant Park Phase II 648 89 1407 West 15th Street 59 161 One Grant Park Phase III 100 90 170 North Green Street 314 162 5211 South Prairie 100 91 315 South Jefferson 69 195 163 Harper Court 425 157 92 352 North Union 373 164 Park Station Lofts 135 212 93 Duncan, The 260 171 North Avenue Sears Redevelopment 100 106 94 IMD Gateway 230 179 Lake Street and Park Avenue 100 95 Lake Street Lofts Phase II 81 180 2404 West Grand 78 96 Montclare Veterans Village of Roseland 78 181 700 West Chicago 310 104 North Avenue 92 182 777 West Chicago Avenue 5,900 105 Clybourn Avenue & Larrabee Street 480 183 North Damen Avenue & West Schiller Street 50 106 Ickes Homes 867 184 West Chicago Avenue & North Milwaukee Avenue 97 107 4400 grove 164 185 1050 W Van Buren 201 109 1624 West Division Street 121 186 1125 W Van Buren 200 110 716 North Aberdeen 188 187 419 South Peoria Street 90 111 Von Humboldt Teachers Square 87 188 557 West Polk 110 112 1220 W. Jackson Blvd 166 189 900 West 260 113 H2O 586 190 Cook County Hospital Rehabilitation 100 114 Warren 75 191 Lake Street & Sangamon Street 81 Total Planned 6,943 192 Medical District Phase II 254 128 1728 North Clybourn 68 193 Sangamon Street 170 129 1535 North Dayton 197 194 Union Station Residences 400 130 236 West Division Street 50 195 Renaissance Village 448 131 353 West Grand 354 196 Storkline Factory Redevelopment 148 132 365 West Morningside 200 197 Cicero Senior Lofts 62 133 400 Lake Shore Drive 550 198 LeClaire Revitalization 183 96 134 435 North Michigan Avenue 439 199 Marquette Road 151 135 55 West Illinois Street 100 200 Whistler Crossing Phase II & III 250 136 808 North Wells 279 201 Atrium Village Redevelopment Phase III - V 667 137 Bush Temple Phase II 129 202 Cabrini - Green Redevelopment 2,400 138 Cleveland + Chicago Residential 200 203 Sedgwick Street 105 139 Fremont Square 500 204 1408 South Wabash 296 140 Greyhound Maintenance Center 1,000 206 Western Avenue 127 141 Morningside North Redevelopment 256 207 1375 W Fulton Market 315 142 Parkside Old Town 190 208 166 North Aberdeen 235 LEGEND 143 Tribune Tower Redevelopment 439 209 Roosevelt Square Redevelopment Phase II 3,323 144 Wolf Point South 200 210 Ogden Commons 384 Lease-Up 145 171 North Wabash 60 211 ParkWorks 500 Under Construction 146 202 South State Street 429 212 Punta Lacuna 208 147 300 North Michigan Avenue 100 Total Prospective 31,618 Planned 148 50 East Randolph Street 280 200 149 600 South Clark 202 Prospective 1 mi Source: Yardi Matrix a Berkshire Hathaway and Jefferies Financial Group company Urban Chicago New Construction and Proposed Multifamily Projects FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 1 727 West Madison 727 West Madison Street Chicago IL 60661 Lease-UP 492 Near West Side 03/20/2017 05/31/2019 10/04/2018 2 Century Tower 182 West Lake Street Chicago IL 60601 Lease-UP 292 Loop 06/21/2018 04/30/2019 10/24/2018 3 1323 West Morse 1323 West Morse Avenue Chicago IL 60626 Lease-UP 50 Rogers Park 02/15/2018 04/30/2019 09/15/2018 4 One Bennett Park 451 East Grand Avenue Chicago IL 60611 Lease-UP 279 Near North Side 06/01/2016 02/28/2019 07/01/2018 5 Eight Eleven Uptown 811 West Agatite Avenue Chicago IL 60640 Lease-UP 373 Uptown 04/01/2017 01/31/2019 08/29/2018 6 Cooper, The 720 South Wells Street Chicago IL 60607 Lease-UP 452 Loop 09/13/2016 01/31/2019 08/27/2018 7 Van Buren, The 808 West Van Buren Street Chicago IL 60607 Lease-UP 148 Near West Side 10/31/2017 01/31/2019 07/10/2018 8 Lathrop Homes Redevelopment West Diversey Pkwy & North Hoyne Avenue Chicago IL 60618 Lease-UP 413 Lincoln Square 10/31/2017 01/31/2019 04/24/2018 9 Old Town Park 1140 North Wells Street Chicago IL 60610 Lease-UP 405 Near North Side 07/01/2016 01/31/2019 04/02/2018 10 710 West 710 West Grand Avenue Chicago IL 60654 Lease-UP 105 West Town - Garfield Park 11/01/2016 01/31/2019 11/30/2017 11 Wave Lakeview 420 West Belmont Avenue Chicago IL 60657 Lease-UP 207 Lake View 08/01/2016 01/31/2019 08/22/2017 12 Wells Place 837 South Wells Street Chicago IL 60607 Lease-UP 84 Loop 05/18/2016 01/31/2019 07/01/2017 13 Ardus, The 676 North LaSalle Drive Chicago IL 60654 Lease-UP 149 Near North Side 01/23/2017 12/31/2018 10/24/2018 14 1325 North Wells 1325 North Wells Street Chicago IL 60610 Lease-UP 60 Near North Side 04/15/2016 12/31/2018 09/25/2018 15 Noca Blu 2340 North California Avenue Chicago IL 60647 Lease-UP 138 Irving Park - Logan Square 08/16/2017 12/31/2018 08/27/2018 16 Addison & Clark 1025 West Addison Street Chicago IL 60613 Lease-UP 148 Lake View 10/10/2016 12/31/2018 08/24/2018 17 550 W Arlington Place 550 West Arlington Place Chicago IL 60614 Lease-UP