Introducing Wacker Place: Downtown’s Historic Art Deco Tower Reimagined | Leasing in 2026

November 24, 2025 | By Lindsay Smith
Reading Time: 2 Minutes

One of Chicago’s most iconic art deco structures is entering a new era. Rising above the Chicago River at 65 E. Wacker Place, this 25-story landmark is being thoughtfully transformed from a 1928 office tower into 252 modern luxury apartments, blending historic character with contemporary comfort.

Brought to life by Mavrek Development with ACRES Capital and constructed by McHugh Construction, Wacker Place is designed for the next generation of downtown renters—those who want walkability, architectural charm, and spaces built for both living and working. Leasing is set to begin in 2026, with first homes delivering in summer and phased occupancy continuing through year-end.

The Neighborhood: Downtown Energy, Riverfront Views, Endless Access

Wacker Place puts you right at the intersection of iconic Chicago architecture, waterfront scenery, and unmatched urban convenience.

Living here means:

  • Steps from the Riverwalk, Millennium Park, Michigan Avenue, and Chicago’s business + theatre districts
  • Moments from multiple CTA lines, river taxis, and endless dining, coffee, and culture
  • A Walk Score of 100, meaning everything you need—connection, cuisine, community—is at your doorstep

It’s downtown living with the volume turned up: energetic, connected, and effortlessly convenient.

Interiors: Historic Soul, Modern Comfort

Inside each residence, the design team is rethinking what it means to live (and work) in the heart of the city.

Wacker Place will offer:

  • 105 studios, 105 one-bedrooms, and 42 two-bedrooms
  • Smart layouts ranging from 450 to 900 sq. ft.
  • Dedicated in-unit workspace features to support hybrid + remote lifestyles
  • Modern kitchens and baths, updated building systems, and restored original detailing that nods to the tower’s 1928 roots

Every home is being designed around light, functionality, and comfort—with architectural character that you simply can’t recreate in new construction.

Amenities: Elevated Living from Ground Floor to Rooftop

Wacker Place is designed to give residents space to unwind, create, and connect—whether you’re working from home or hosting friends after hours.

Planned amenities include:

  • A third-floor coworking lounge with fireside seating
  • A modern fitness center
  • An indoor–outdoor rooftop deck on the 25th floor featuring sweeping skyline and river views
  • A reimagined lobby experience on floors 1–3
  • Ground-floor retail anchored by Morton’s The Steakhouse, which remains part of the building

The project is also restoring the tower’s historic terra cotta façade—replicating and reinstalling original ornamentation—and is targeting National Green Building Standard (NGBS) certification, pairing preservation with sustainability.

Looking Toward 2026

As the transformation continues, Wacker Place is poised to become one of downtown Chicago’s most exciting new residential debuts. With its blend of history, architecture, location, and lifestyle-driven amenities, the building will offer a uniquely elevated take on city living.

Leasing begins in 2026. Stay tuned for previews, first-look opportunities, and more details as the building gets closer to its debut.

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