2111 S. Wabash Ave., a 24-story, 275-unit residential building, has begun construction in the McCormick Square area of Chicago’s South Loop. Solomon Cordwell Buenz is designing the building.
The multifamily building will have a modern, asymmetric base topped with a glass tower with a “sawtooth” façade. The sawtooth design will provide functional living areas in the form of bays within individual residences.
“By selectively extruding the façade, we were able to not only capture great views to downtown from the units, but also create a prismatic effect in which the light will constantly change the appearance of the building depending on the time of day,” said John Lahey, Principal, Solomon Cordwell Buenz, in a release.
See Also: 31-story YotelPAD Miami combines 222 hotel rooms and 231 condominiums
Apartment units will range from 529 to 1,411 sf and include one-, two-, and three-bedroom plans. Units will feature floor-to-ceiling windows, plank flooring, and kitchens with quartz countertops and stainless steel appliances.
A 25,000-sf amenity level on the fourth floor will include a club lounge with bar; co-working space; music practice and performance rooms; a game room; fitness and yoga studios; and a landscaped outdoor terrace with dining and grilling stations, fire pits, cabanas, and a pool.
The project is slated for completion in the summer of 2020.
Related Stories
Multifamily Housing | Feb 23, 2015
Millennials to outgrow Baby Boomers in 2015
The Baby Boomer generation, once the nation's largest living generation, will be outpaced by the Millennials this year, according to the Pew Research Center.
Multifamily Housing | Feb 19, 2015
Is multifamily construction getting too frothy for demand?
Contractors are pushing full speed ahead, but CoStar Group thinks a slowdown might be in order this year.
Multifamily Housing | Feb 18, 2015
Make It Right unveils six designs for affordable housing complex
BNIM is among the six firms involved in the project.
Office Buildings | Feb 18, 2015
Commercial real estate developers optimistic, but concerned about taxes, jobs outlook
The outlook for the commercial real estate industry remains strong despite growing concerns over sluggish job creation and higher taxes, according to a new survey of commercial real estate professionals by NAIOP.
Multifamily Housing | Feb 17, 2015
NYC multifamily sales increased by 39% in 2014
For New York City as a whole, $20 million-plus deals accounted for more than half of all transactions.
Multifamily Housing | Feb 17, 2015
California launches pilot program to finance multifamily retrofits for energy efficiency
The Obama Administration and the state of California are teaming with the Chicago-based MacArthur Foundation on a pilot program whose goal is to unlock Property-Assessed Clean Energy financing for multifamily housing.
Multifamily Housing | Feb 17, 2015
Young Millennials likely to return home
Ninety percent of individuals born between 1980 and 1984 and who hold a Bachelor’s degree left home before they were 27 years hold. However, half of this group later returned to their parents’ home, according to a study by the National Longitudinal Study of Youth.
High-rise Construction | Feb 17, 2015
Work begins on Bjarke Ingels' pixelated tower in Calgary
Construction on Calgary’s newest skyscraper, the 66-story Telus Sky Tower, recently broke ground.
Mixed-Use | Feb 13, 2015
First Look: Sacramento Planning Commission approves mixed-use tower by the new Kings arena
The project, named Downtown Plaza Tower, will have 16 stories and will include a public lobby, retail and office space, 250 hotel rooms, and residences at the top of the tower.
Codes and Standards | Feb 12, 2015
New Appraisal Institute form aids in analysis of green commercial building features
The Institute’s Commercial Green and Energy Efficient Addendum offers a communication tool that lenders can use as part of the scope of work.