Construction has started at 2111 S. Wabash Ave., a 24-story, 275-unit building in the McCormick Square area of Chicago’s South Loop, developers Draper and Kramer, Incorporated say.
Solomon Cordwell Buenz (SCB) designed the structure. The general contractor for the project is a joint venture between Chicago-based Power Construction Company LLC and Ujamaa Construction. The project is scheduled to be completed in the summer of 2020.
“We wanted the design of this tower to reflect the dynamism of the neighborhood,” SCB principal John Lahey said in a statement. “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.”
“We are helping advance the city’s vision for McCormick Square as a dynamic mixed-use area boasting a blend of entertainment, retail and residential offerings in proximity to the central business district,” said Ed Polich, executive vice-president of real estate with Draper and Kramer. “These apartments meet the growing demand for new rental housing in this burgeoning part of the South Loop as the evolution of the McCormick Square and Motor Row entertainment district continues.”
Apartments will range from 529 to 1,411 sq. ft. and include a mix of one-, two- and three-bedroom plans. A 25,000-sq. ft. amenity level on the fourth floor will feature a club lounge with bar, co-working space, music practice and performance rooms, game room, fitness and yoga studios, and a landscaped outdoor terrace featuring dining and grilling stations, fire pits, cabanas and a pool.
Monthly rents re expected to start at $1,800.
As part of the development, Draper and Kramer says it is donating nearly $750,000 to two historic neighborhood churches to help support major restoration projects. Founded in 1842, Second Presbyterian Church boasts a stunning gothic revival exterior. Founded just two years later in 1844, Quinn Chapel AME Church is home to the city’s oldest African American congregation.