 |
| Wicker Park Connection Apartments skyline, Chicago, IL |
CHICAGO, IL — Chicago-based Hubbard
Street Group and co-developer Centrum Realty and Development announced Wicker Park Connection, a 15-story, 146-unit
rental community, is more than 75 percent leased just four months after
welcoming first move-ins.
Located at 1640 W. Division St., one block west of the Division Blue Line station, the property is being marketed for sale together with an adjacent 60-unit first phase that opened in 2016 and houses a small-format Target store in the ground-level retail space.
“Wicker Park Connection combines the best of both worlds – luxury
amenities with neighborhood living – and the faster-than-anticipated pace of
leasing underscores the success of that model, even in today’s competitive
market,” said John McLinden, managing partner at Hubbard Street Group.
“We see this not only with the high-end finishes in the units, which include custom, locally sourced elements that add to the authenticity of the design, but also the lower-level commercial space that has drawn interest from some strong brands including a small-format Target.”
 |
| John McLinden |
“We see this not only with the high-end finishes in the units, which include custom, locally sourced elements that add to the authenticity of the design, but also the lower-level commercial space that has drawn interest from some strong brands including a small-format Target.”
Wicker Park Connection offers a mix of studio, one-, two- and
three-bedroom units ranging in size from 463 square feet to 1,245 square feet,
with rents starting at $1,650.
Residences at the adjacent 60-unit first-phase building, Centrum Wicker Park, are nearly fully leased. Together, the buildings feature more than 20,000 square feet of lower-level retail space anchored by the Target store.
“Being local to Chicago, we have an intimate knowledge of the city and its neighborhoods, and in the case of Wicker Park, wanted the industries that were once a fixture in the area – for example, lumber and steel – to be integrated into our design in a meaningful way,” said Jaclyn Moser, partner of Harken Interiors.
Residences at the adjacent 60-unit first-phase building, Centrum Wicker Park, are nearly fully leased. Together, the buildings feature more than 20,000 square feet of lower-level retail space anchored by the Target store.
“Being local to Chicago, we have an intimate knowledge of the city and its neighborhoods, and in the case of Wicker Park, wanted the industries that were once a fixture in the area – for example, lumber and steel – to be integrated into our design in a meaningful way,” said Jaclyn Moser, partner of Harken Interiors.
 |
| Chris Sommers and Jaclyn Moser |
Running between the development’s first and second phases is a
public walkway called The Connection that, when completed, will link Milwaukee
Avenue and Division Street.
 |
| Aaron Galvin |
Luxury
Living Chicago Realty is serving as
the exclusive marketing and leasing brokerage for the development.
“Leasing velocity has exceeded expectations with
renters attracted to Wicker Park Connection not only because of the high level
of finishes showcased in the apartments, but also the amenities, which are
unprecedented in this area,” said Aaron Galvin, founder and CEO of Luxury
Living Chicago Realty.
“In the neighborhood rental market, it’s rare for a building to have a pool – let alone a rooftop pool with sweeping skyline views. It’s one of many differentiators that have contributed to the success of the development.”
“In the neighborhood rental market, it’s rare for a building to have a pool – let alone a rooftop pool with sweeping skyline views. It’s one of many differentiators that have contributed to the success of the development.”
For more information or to schedule a showing,
call (312) 663-8390.
CONTACTS:
Rebecca Boykin, rboykin@taylorjohnson.com, (312) 267-4523
Abe Tekippe, atekippe@taylorjohnson.com, (312) 267-4528
No comments:
Post a Comment