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MidwestMultifamily

Marquee at Block 37 apartment tower opens its doors to residents today

Staff Writer April 1, 2017
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Construction on the 690-unit Marquee at Block 37 apartment tower  in Chicago’s Loop has wrapped up and residents are able to move-in as early as today.

Rising 34 stories tall at the end of the four-level Block Thirty Seven retail center at 25 W. Randolph St., the tower will have a spacious outdoor pool and sundeck, fire pits, rooftop hot tub and terraces, dog run and wash, fitness center, event room, business center and an expansive outdoor terrace overlooking State Street.  The leasing office for Marquee has now relocated on site.

Residents are also provided a private elevator that takes them down to the 275,000-square-foot Block Thirty Seven retail center that consists of shopping, dining and entertainment options, including the recent additions of an 11-screen AMC Dine-In Theatre and the popular 22,000-square-foot Latinicity, a sophisticated casual dining hall featuring multiple authentic Latin cuisine options created by Richard Sandoval Restaurants.  Coming soon will be the addition of  The Dearborn, an Urban American Tavern from the Lawless family set to open at the corner of Randolph and Dearborn Streets.

CIM Group, which acquired the retail center at 108 N. State Street in February 2012, repositioned the center as an attractive destination for the community, including the addition of the apartment tower, which began construction in October 2014.

The tower and retail center are among CIM’s growing portfolio of investments in Chicago’s Loop, which the company identified as possessing the attributes that fit CIM’s investment model that focuses on established and emerging urban areas with solid infrastructure and transportation networks.

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