Newcastle Limited is the developer, whose plans include 18,000 square feet of ground-level retail and 89 apartments on the above floors. Residences will range in size from studios to two-bedrooms, with select units having access to private balconies or terraces. Amenities include but are not limited to two outdoor decks, a private club room, a fitness center, and a dog run.
CallisonRTKL is the project architect, whose massing features prominent vertical bays with inset balconies along its sides. The roughly 135-foot-tall structure will also be wrapped in a mix of brick, limestone, granite, and black metal accents.
Given its proximity to various means of public transportation, the development will house 32 accessory parking spaces and 91 bike spaces. Residents, tenants, and shoppers will have immediate access to Route 36 at the adjacent corner of State & Division. Additional service within a five-minute walk consists of Routes 22, 70, and 156 to the west and Route 151 to the east. Those looking to board the CTA L will find the Red Line at Clark/Division station via a five-minute walk west. Purple and Brown Line trains can be accessed at Chicago station via an 18-minute walk southwest.
Situated just north the Rush and Division commercial area, the property lies central to a host of different retail and dining options. Various outdoor spaces also line the area, including Oak Street Beach and Washington Square Park both within walking distance.
Power Construction is the general contractor for the construction, for which the developer has now received $41.3 million in financing. Pre-leasing will begin this fall, and a completion is expected for spring 2022.