Gilbane Begins Construction on 16-Story Student Housing Development
- Jan 13, 2016
Chicago—Chicago’s South Loop is ready to become more appealing to students and millennials, as Gilbane announced the development of a brand new apartment community is underway. The new development, 30 East, will feature 255 beds within 134 apartment units.
Located at the corner of East Balbo and South Wabash avenues, 30 East is a 16-story, 150,000 square-foot building scheduled to be completed for occupancy by August 2017. The property, designed by Chicago-based architect Solomon Cordwell Buenz, is in close proximity to seven colleges and universities comprising more than 26,000 students. Floor plans include studio, convertible, two-, three-, and four-bedroom units.
“30 East offers an exceptional living experience for students and millennials,” said Robert Gilbane, chairman & CEO of Gilbane Development Co. “We have tailored our amenities and floor plans to the needs of today’s student/millennial renter; and our site’s proximity to the South Loop’s multiple colleges and universities, convenient access to the area’s major transportation links, and a wealth of nearby cultural and retail destinations make 30 East an ideal community for those seeking an active urban lifestyle.”
Apartments will be fully-furnished with private bedrooms/ bathrooms, floor-to-ceiling windows, in-unit washers and dryers, walk-in closets, fully equipped kitchen, and a flat screen TV. 30 East will also offer roommate matching services and individual, by-the-bed leases.
Residents will have access to community amenities such as a club room, café, tech hub, fitness center, lounge areas, gaming areas, study rooms, indoor bicycle storage, Wi-Fi, gas grills and fire pit, large screen outdoor TV and indoor/outdoor fireplace. Additionally, 8,000 square foot of retail space will be located on the ground floor at the corner of East Balbo and S. Wabash avenues.
Rendering courtesy of Gilbane