flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Quarter-acre of land is enough space for an upscale Chicago apartment complex

Multifamily Housing

Quarter-acre of land is enough space for an upscale Chicago apartment complex

The building will hold 90 micro apartments, 40 pre-furnished extended-stay hotel rooms, and a small retail space on the ground floor.


By Mike Chamernik, Associate Editor | September 16, 2015
Quarter-acre of land is enough space for an upscale Chicago apartment complex

LG Construction + Development proposed a 15-story apartment building in Chicago's Printers' Row. Renderings courtesy LG Construction + Development (via Curbed Chicago).

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 25, 2018

Multifamily market trends 2018: Demographic shifts reshape the residential landscape

Changing generational preferences are prompting multifamily developers to re-strategize.

Multifamily Housing | Jul 19, 2018

Multifamily market stays hot in first half of 2018

The average rent grew by $12 in June, to an all-time high of $1,405, according to a survey of 127 markets by Yardi Matrix.

Multifamily Housing | Jul 18, 2018

First apartment building funded by Massachusetts’ workforce housing subsidy program opens

The transit-oriented Gateway North Residences is centrally located in Lynn, Mass.

Codes and Standards | Jul 17, 2018

NIMBYism, generational divide threaten plan for net-zero village in St. Paul, Minn.

The ambitious redevelopment proposal for a former Ford automotive plant creates tension.

Codes and Standards | Jul 17, 2018

In many markets, green features are more of a requirement for apartment renters

Renters in many U.S. cities have come to expect green features in apartments that they rent, with an eye toward energy efficiency and healthy indoor air.

Multifamily Housing | Jul 13, 2018

Student housing vs. multifamily housing—what are the differences?

While student and multi-family housing share a common building form, it’s the student resident that drives the innovation of new spaces.

Multifamily Housing | Jul 11, 2018

Meet the ‘CoHaus’: N.Y. developer unveils large-scale flats concept for boomers, Gen Xers

With its new CoHaus development, Ward Capital Management is betting on baby boomers downsizing and Gen Xers upsizing. 

Multifamily Housing | Jun 27, 2018

To take on climate change, go passive

If you haven’t looked seriously at “passive house” design and construction, you should.

boombox1
boombox2
native1

More In Category


Curtain Wall

7 steps to investigating curtain wall leaks

It is common for significant curtain wall leakage to involve multiple variables. Therefore, a comprehensive multi-faceted investigation is required to determine the origin of leakage, according to building enclosure consultants Richard Aeck and John A. Rudisill with Rimkus. 



halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021