CRG Breaks Ground on Chicago Luxury Building
- Jun 25, 2018
A new 12-story glass tower is about to make its way to Chicago’s Uptown neighborhood. CRG has broken ground on a 149-unit luxury multifamily property at the intersection of Sheridan Road and Wilson Avenue, which is also expected to include 5,000 square feet of ground floor retail space.
In addition to CRG, the development team includes Clayco as the design-builder and BatesForum as the architect. POB Capital and Principal Real Estate Investors are capital partners. The development is slated for delivery in July 2019.
“The long neglected Uptown neighborhood is emerging from its shell,” said CRG Principal Jay Case, in prepared remarks. “New developments, including apartments, an urban Target, historically significant entertainment venues and the proximity to the lakefront, make Uptown an exciting place to live.”
Planned amenities include a 2,000-square-foot rooftop deck offering views of downtown Chicago, a coffee bar, exercise facility, business center and dog salon. The parking is expected to offer room for approximately 30 vehicles.
CRG, which is also the developer of the only modern student housing high-rise in Cleveland—The Edge on Euclid—, is committed to work with Chicago-based minority and women-owned firms as this project comes to life.
Rendering courtesy of CRG