Over 2,000 New Apartments Coming Soon to River North

A rendering of 8 E. Huron, one of several apartment towers now under construction in River North.

People want to live in the middle of cities today. They want to ditch their cars and walk to shops, restaurants, public transportation and theaters. And it’s not just young people: A mix of empty nesters, Baby Boomers and Millennials are all choosing the urban lifestyle in cities across the country.

That’s why we’re seeing so many new apartment buildings rising in the center of cities. Demand is high, and developers are racing to meet it.

Chicago’s River North neighborhood is no exception with over 2,000 units coming to market this year and next. In fact, apartment developers are especially busy in this part of the city. This shouldn’t be a surprise: River North features exactly what those seeking the urban lifestyle want, plenty of restaurants, shops, bars, theaters and options for public transportation.

Here, then, is a quick look at some of the most important new apartment projects now under construction in River North and slated for delivery in 2017 and 2018: Continue reading “Over 2,000 New Apartments Coming Soon to River North”

Holy Name Cathedral Parking Lot Sale To Bring Even More Residential Units To River North

Holy Name Cathedral River North
A developer recently purchased the parking lot across from Chicago’s Holy Name Cathedral. That developer plans two to four residential towers on the land in this prime River North location.

Chicago’s River North neighborhood is one of the busiest in the city today. And much of the activity here is coming from new residential buildings, filled with both condominiums and apartment units, either under construction or planned.

The recent purchase of a large parking lot across from Chicago’s famed Holy Name Cathedral will only add to the residential boom in River North. Soon, renters targeting this neighborhood will have the additional choice of as many as four residential towers on this site, towers expected to offer a mix of condominiums and apartment units. Continue reading “Holy Name Cathedral Parking Lot Sale To Bring Even More Residential Units To River North”