New Buildings Coming to Streeterville in 2016
Our 2016 New Chicago Apartment Guide provides a comprehensive overview of the 21 rental buildings opening this year. Today we’re highlighting the luxury apartment buildings opening in the Streeterville neighborhood. These two properties will collectively add 540 new units to Chicago’s rental market inventory.
- 545 N McClurg
- 490 Units
- July 2016
MOMENT is the third development by Golub and Company on this block in the past 10 years and this should be their best yet. With a focus on “mindful rental living” expect a serene, spa-like experience in this building. Finishes will be top of the line, as expected in all new luxury buildings, but the added focus on living in the “moment” speaks to the service offerings and type of experience being cultivated. As the only major offering in Streeterville in 2016, MOMENT will be priced towards at the high end of the luxury market with one bedroom units starting over $2200.
- 423 E Ohio
- 50 Units
- September 2016
Sienna Flats will be a unique opportunity for Streeterville renters. At only 50 units, expect these units and building to offer an intimate boutique condo feel, sans full service amenities but focused on an exceptional location and unit layout. Decor will be welcoming and uberluxury while the units will feature unique, sustainable materials.
OF NOTE: North Water Apartments and The Lofts at River East each delivered in 2015 and have a combined 400+ units not yet rented. This inventory coupled with the 540 new units depicts a more accurate Streeterville market; a neighborhood with many choices and prime location.
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