Developer VISTA Property and its general contractor, Skender, broke ground today on 741 N Wells Street, a new mixed-use multifamily rental building in Chicago’s River North neighborhood. Designed by Antunovich Associates, the 21-story, 201,000-square-foot development will include 168 apartment units, communal tenant amenities and an elegant building lobby. Located prominently at the corner of Chicago Avenue and Wells Street, 741 N Wells is one of the latest new developments going up in River North.
The multifamily building will include 50 studios, 101 one-bedrooms and 17 two-bedrooms, as well as a rooftop terrace with pool, meeting facilities, exercise area, bicycle storage and parking for roughly 50 vehicles. The building will include expansive floor-to-ceiling windows on all facades, along with exceptional nine-foot ceiling heights offering unique views for all residents.
VISTA Property financed the project with a first mortgage loan from Huntington Bank, and has also engaged Luxury Living Chicago Realty, downtown Chicago’s premier marketing, consulting and residential leasing brokerage firm.
The team of VISTA Property (developer), Skender (general contractor) and Antunovich Associates (architects) recently completed 609 W. Randolph, a fifteen (15) story boutique Class-A commercial office building serving as a gateway to Fulton Market.
