Like most major cities, Chicago is tight on space. LG Construction + Development, a local developer, is proposing a 15-story apartment building that will take up only a quarter-acre plot of land in the city’s Printers’ Row neighborhood.
The complex will feature high-end, 350-sf studio units, according to Curbed Chicago. The micro apartments are meant for the area’s young professionals—people who want to live in a vibrant and convenient area of Chicago but cannot afford larger units.
The building will hold 90 rental units (which will go for about $1,000 a month), 40 pre-furnished extended-stay hotel rooms, and a small retail space on the ground floor.
The top floor of the building will have meeting rooms, work areas, and an outdoor green roof. A design architect has yet to be selected.
What's it like to live in such a small space? Curbed profiled a Chicago micro apartment-dweller a few months ago.
Related Stories
Multifamily Housing | Jul 19, 2021
HAL Architects designs 'swimmable bridge' that connects two residential buildings
The project has been dubbed Sky Pool.
Multifamily Housing | Jul 19, 2021
Artesa at Menifee Town Center provides urban-style living in a small-town setting
MBK Rental Living is the project’s developer.
Multifamily Housing | Jul 15, 2021
Greystar’s The Pullman is a new mixed-use apartment community in Denver
The Mulhern Group designed the project.
Multifamily Housing | Jul 15, 2021
Economic rebound leads to record increase in multifamily asking rents
Across the country, multifamily rents have skyrocketed. Year-over-year rents are up by double digits in nine of the top 30 markets, while national YoY rent growth is up 6.3%. Emerging from the pandemic, a perfect storm of migration, enhanced government stimulus and a hot housing market, among other factors, has enabled this extremely strong growth.
Multifamily Housing | Jul 13, 2021
489-unit multifamily community completes redevelopment in Missouri
The community is located in Chesterfield, Mo.
Multifamily Housing | Jul 11, 2021
New fixed-wood closet system for multifamily developments introduced
VUE is a new high-quality, economical fixed-wood shelving system from Organized Living.
Multifamily Housing | Jul 11, 2021
Aluminum railing systems offer ‘versatile styling, easy installation’
Trex Aluminum railing systems offer ‘versatile styling, easy installation,' says the manufacturer.
Daylighting Designs | Jul 9, 2021
New daylighting diffusers come in three shape options
Solatube introduces its newest technology innovation to its commercial product line, the OptiView Shaping Diffusers.