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MidwestMultifamily

Niche 905 apartment tower in Chicago’s River North neighborhood gets topped off

Staff Writer April 1, 2017
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Ascend Real Estate Group and Intercontinental Real Estate Corp. announced the topping-off of Niche 905, an 18-story, 202-unit luxury rental tower under construction at 905 N. Orleans St. in Chicago.

Ascend and Intercontinental Real Estate Corp. celebrated the milestone at a June 23 ceremony, where they were joined by representatives from FitzGerald Associates Architects, the project’s design architect; Power Construction, general contractor; and other members of the development and construction team.

Designed for LEED® certification, Niche 905 broke ground in November 2015, with delivery scheduled for April 2017. Pre-leasing is slated to begin later this year. Upon completion, the tower will offer spacious studio, one-, two- and three-bedroom apartments – many with views of Lake Michigan and the downtown skyline.

Residences will have a range of high-end finishes including plank flooring throughout all bedrooms and living areas, as well as gourmet kitchens featuring Euro-style cabinetry with undermount lighting, quartz countertops and glass tile backsplashes.

In addition, apartments will feature 9-foot ceilings, private balconies and in-unit laundry, and be outfitted with USB ports and fiber optic internet service capable of reaching speeds of 1 gigabyte per second – more than 100 times faster than the industry standard.

The tower will offer 24-hour concierge service, as well as a full suite of amenities, located on the ground and penthouse levels of the tower. They include a rooftop pool, spa and sundeck; indoor and outdoor bar, grilling stations and fire pit; community garden; dog run and pet wash station; and bike workshop.

Residents will also have access to a state-of-the-art fitness center with yoga studio; private party room with full-service kitchen, bar and big-screen HDTVs; spacious lobby with workstations and sitting areas; coffee bar; and fully equipped business center and conference room. In addition, the tower will have 1,750 square feet of ground-level retail, parking for more than 150 vehicles and storage for 110 bikes.

The building is four blocks from the Chicago Brown/Purple Line station and also within walking distance of the Chicago Red Line station at Chicago Avenue and State Street.

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