Melrose Ascension Capital

Q Investment Partners and Melrose Ascension Capital Secure Financing for Partially Complete 633 S LaSalle in Printer’s Row

Vertical construction continues at 633 S LaSalle Street, a 17-story residential project in Printer’s Row, following the completion of construction financing by Singapore’s Q Investment Partners (QIP) and Chicago-based Melrose Ascension Capital (MAC). The project, which recently changed hands from PMG and The Collective, is a key venture for QIP as it enters the US real estate market.

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View of 1217 W Washington Boulevard. Rendering by Pappageorge Haymes

1217 W Washington Receives Foundation Permit in West Loop

An initial foundation permit has been issued for 1217 W Washington Boulevard in West Loop, where DAC Developments has planned for a new 19-story mixed-use tower. Located between two adjacent historic buildings, the site is currently a vacant lot that overlooks the intersection of W. Washington Blvd and N. Willard Ct. DAC Developments is collaborating with Melrose Ascension Capital on the project.

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630 S Wabash Avenue Claims 24th Place In Countdown

Climbing into the 24th spot of Chicago YIMBY’s countdown is the mixed-use development at 630 S Wabash Avenue in the South Loop. Revealed in 2021, the tower replaces a vacant lot sandwiched between two low-rise buildings and is rising adjacent to 30 E Balbo Drive, which was completed a few years back on the nearby intersection. Development partners Melrose Ascension Capital and DAC Developments are working with local architects Antunovich Associates on its design, adding to the growing South Loop skyline.

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