Amli Residential Planning 17-Story, 297-Unit Apartment Tower For River North Site
Posted by Helaine Cohen on
Amli Residential is prepping to build an impressive 17-story, 297-unit apartment tower in Chicago’s River North neighborhood, according to Crain’s. If approved, the project will be built at 808 N. Wells, the northwest corner of Chicago Avenue and Wells Street.
Per the Crain’s report, Amli acquired the site from Smithfield Properties, which originally planned 23-story, 58-unit condo tower prior to the company’s owner passing away a couple years ago.
For now, the plan is to have apartments at 808 N. Wells average about 548 square feet and target millennials who are willing to give up more living space in exchange for lower rent and the ability to live close to work.
Amli currently owns over 20,000 apartment residences across the U.S. and currently has two…
913 Views, 0 Comments
The Divvy bike sharing service still seems to be thriving as plans to add 36 more stations to accommodate more riders were just recently announced.
Timber lofts are some of the coolest properties you’ll find on the Chicago real estate market. Often housed inside old warehouses and re-vamped industrial buildings, most timber lofts for sale in Chicago also feature huge open layouts, sprawling exposed brick walls, and expansive industrial-size windows that let in plenty of natural light. But because of their uniqueness and high-level of desirability, timber lofts in Chicago are often quite pricey, unless you’re lucky enough to find an available unit inside one of these fabulous buildings…
Back in late July, an offer to turn 1400 N. Lake Short Drive back into apartments was denied by owners of the building, narrowly missing the 75 percent approval requirement set forth by Illinois law. Now, just over a couple weeks later, a second vote has reportedly been approved and New York-based developer ESG Kullen will in fact move forward with its original condo deconversion plan for the 391-unit vintage high-rise on Chicago’s lakefront.
Residents at 1400 N. Lake Shore Drive in Chicago’s Gold Coast neighborhood recently rejected a de-conversion offer from a New York-based investor, according to Crain’s Chicago Business. 
Many of Chicago’s most spectacular new construction condo developments are scattered throughout the heart of downtown in neighborhoods like Streeterville, River North, and even the Loop. But if you’re looking for a newly built condo somewhere outside of the hustle and bustle of Chicago’s city center, here are a few desirable options that may just fit your needs…
Looking for a new construction condo in Lakeview this fall? We have several buildings in mind that might just be the perfect fit.
More details were recently announced regarding Sterling Bay’s massive new Lincoln Yards development, which if completed will transform nearly 53 ares along the north branch of the Chicago River.
With the recent makeover to the Wilson CTA station, the recent announcement of the Uptown Theatre renovations, and of course the neighborhood’s prime lakefront location on Chicago’s highly desirable north side, Uptown is quickly become a great place to search for a new condo. Filled with both vintage rehabs and a growing number of boutique new construction condo developments, there’s also something for everyone in Uptown, making it an even more attractive location to consider. So to hep get your condo search started, here are three Uptown buildings that recently caught our eye that we think might fit your needs…
Looking to buy a Chicago condo just outside of downtown? If so, here's where we recommend starting your search in the rapidly growing River West neighborhood.