After nearly a year following the initial foundation permit, a tower crane permit has been issued for an 18-story residential high-rise developed at 633 S LaSalle Street in The Loop. Developed by London-based firm, The Collective, this 162,000 square-foot, co-living project will comprise of 117 shared apartment units, collectively made up of 381 individual bedrooms.
Co-living arrangements are gaining popularity in urban centers, offering residents private bedrooms connected to shared living spaces. The Collective’s project will provide tenants with an all-inclusive package that includes furniture, utilities, linen services, and access to a variety of building amenities such as a co-working space, top-floor indoor/outdoor amenity deck, lounge, and fitness center.
Designed by Fitzgerald Associates Architects and Berkelhamer Architects, the approximately 200-foot-tall structure adds a dynamic assortment of materials to the streetscape. The exterior combines both darker and lighter color schemes, incorporating brick, metal I-beam floor divisions, and textured concrete panels. Other details include small-pane loft-inspired windows and recessed balconies for select units.
While no off-site parking is available, the project is closely linked to Chicago’s various public transit options. Bus service within a five-minute walk consists of Routes 2, 6, 22, 24, 29, 36, 62, and 146. Meanwhile, the nearest CTA Blue Line service is available at LaSalle Station, a four-minute walk north, while the Red Line’s Harrison Station is a six-minute walk east.
Currently, there have been no indications of an official completion date. Clark Construction has been selected as the general contractor for the $45 million project, and the crane is expected to be visible on the skyline within the next few weeks.