Glazing has neared the top on the exterior of a residential tower at 633 S LaSalle Street in the South Loop. Comprising 358 beds — a combination of apartments and co-living units — the 18-story tower is a joint effort from Q Investment Partners and Melrose Ascension Capital.
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.
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.
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.
Renderings have been released for the upcoming residential development at 1323 S Wood Street in the Illinois Medical District. Melrose Ascension Capital is heading the development which has been dubbed The Nightingale at IMD.
