New York-based developer, The Collective, has obtained a full permit for its 18-story residential project at 633 S LaSalle Street. This development, set to replace a previous surface parking lot, will introduce a co-living model to the South Loop neighborhood.
The permit indicates that there will be 132 apartments suites each designed to house multiple residents. Each apartment offers private bedrooms, fully furnished, and shared communal spaces. The monthly payments cover utilities, rent, furniture, and linen services.
The project features a range of amenities including co-working spaces, a rooftop fitness lounge, and an outdoor roof deck. The ground floor has a planned food concept, cafe, and spaces allocated for social interaction and cultural events.
The structure, designed by FitzGerald Associates, is projected to reach approximately 230 feet. The exterior design features textured concrete cladding combined with I-beam spandrels and masonry in white and dark gray.
While there will be just six surface parking spaces, the construction will come with a bike storage room and access to other transit options. Bus routes including 2, 6, 22, 24, 29, 36, 62, and 146 are within a five-minute walking radius. In addition, two CTA L stations are nearby: LaSalle station, part of the Blue Line, is a four-minute walk north, and Harrison station, part of the Red Line, is a six-minute walk east.
With Clark Construction as the general contractor, construction is likely to soon progress beyond the excavation phase now that the full permit has been issued. While an exact completion date has not yet been pinpointed, a likely time range is late 2024 or early 2025 for a full completion.