Chicago-based Hubbard Street Group (HSG) announced the start of pre-leasing at The Field’s Lofts, a 123-unit loft-style rental community housed in a portion of the redeveloped Marshall Field’s warehouse at 4000 W. Diversey Avemnue, near Chicago’s Logan Square neighborhood. Located in the easternmost portion of the 1.5 million-square-foot building, The Field’s Lofts is scheduled to welcome first move-ins on April 1.
“We take great pride in adaptive reuse projects, so we were eager to bring life back to this beautiful building,” said John McLinden, managing partner of Hubbard Street Group. “Central to our redevelopment efforts is the preservation of rustic architectural details like 24-inch-round columns, 14- to 17-foot ceilings and steel-frame windows that, together, make The Field’s Lofts an authentic loft living experience.”
Comprising approximately 144,000 square feet within the larger mixed-use building, The Field’s Lofts offers residences ranging from approximately 542 to 1,330 square feet. A selection of high-end finishes complement original design features in each residence, including plank flooring, contemporary kitchens, solar window shades and custom-built bedroom closets with organizer systems.
Designed by architectural firm Hirsch MPG and design firm Harken Interiors, the common areas offer a nod to the building’s rich history through use of color—the Marshall Field’s signature shade of green is featured prominently throughout—as well as accessories such as original signage.
“Authentic loft space deserves authentic design,” said Jaclyn Moser, partner of Harken Interiors. “As a Chicago-based firm, we understand the love affair this city has with the Marshall Field’s brand and wanted to pay tribute through thoughtful design.”
The property provides dedicated spaces for work, relaxation and socialization, with common areas located on the sixth floor that will include a co-working space, a fitness center and a resident lounge and café with chef’s-grade kitchen. Outdoors, an expansive rooftop deck with unobstructed views of the Chicago skyline will be equipped with a grilling station, dog run, fire pit and sun chairs. The Field’s Lofts also provides complimentary bike parking, storage lockers and garage parking for 87 vehicles.
“Creating a sense of community is an important theme throughout Hubbard Street Group’s residential projects and the impressive suite of amenities at The Field’s Lofts will really distinguish this building from what’s currently available in the market,” said Kage Brown, partner and chief investment officer at Hubbard Street Group.
The property’s lower-level retail space is anchored by Cermak Fresh Market, while numerous shops, restaurants and parks are within walking distance. In addition, The Field’s Lofts has easy access to many transit options and bike-friendly streets. Luxury Living Chicago Realty is the exclusive marketing and leasing brokerage for the development.