Developer VISTA Property and its general contractor, Skender, recently reached the final height at 741 N Wells Street, a new mixed-use multifamily rental building in Chicago’s River North neighborhood. Designed by Antunovich Associates, the 21-story, 201,000-square-foot development will include 168 apartment units, communal tenant amenities and an elegant building lobby. Located prominently at the corner of Chicago Avenue and Wells Street, 741 N Wells is one of the latest new developments going up in River North.
“We are thrilled to be adding another beautiful mixed-use property to one of the city’s most vibrant and lively areas,” said Ark Latt, Chief Development Officer, VISTA Property. “Our thanks goes out to the teams at Skender and AntunovichAssociates for their hard work throughout this process, and to the 2nd Ward alderman and community for their ongoing partnership and collaboration.”
The multifamily building will include 50 studios, 101 one-bedrooms and 17 two-bedrooms, as well as a rooftop terrace with pool, meeting facilities, exercise area, bicycle storage and parking for roughly 50 vehicles. The building will includeexpansive floor-to-ceiling windows on all facades, along with exceptional 9-footceiling heights offering unique views for all residents.
“It has been a pleasure to work alongside VISTA and Antonovich Associates again,” said Lauren Bauer, Senior Project Manager, Skender. “This topping out is a celebration for our trade partners. They work incredibly hard to deliver a quality building and keep the project on track.”
VISTA Property financed the project with a first mortgage loan from Huntington Bank, and has also engaged Luxury Living Chicago Realty, downtown Chicago’s premier marketing, consulting and residential leasing brokerage firm.
The project team consists of:VISTA Property (developer), Skender (general contractor),Antunovich Associates (architects) and Luxury Living Chicago Realty (marketing/sales).
About VISTA Property
VISTA Property is a family-owned international private real estate investment firm with a diversified portfolio of commercial, retail, and multifamily investments in urban centers. Core holdings are located in Chicago, New York City,North Carolina, Florida,London with an added focus on expanding into other exciting urban markets. For more information, visit VISTAprop.com.
About Antunovich Associates
Antunovich Associates is an architectural, planning and interior design firm with offices located in Chicago, Washington, D.C., Los Angeles, Austin, and Buffalo. Founded in 1990 by Joseph M. Antunovich, FAIA, and employing in excess of 100 design professionals to support projects nationwide, Antunovich Associates is deeply rooted in the belief that creating exceptional buildings is a collaborative process between the client, the builder, and the architect. For more information, visit antunovich.com.
About Skender
Skender is a full-service building contractor and one of the nation’s top 100 construction firms, according to Building Design & Construction. We combine Lean process with high-performing teams to deliver unmatched results and maximum value. Headquartered in Chicago with an office in Indianapolis, Skender serves its clients in the Midwest and across the country. For more information on Skender, visit skender.com.
About Luxury Living Chicago Realty
Founded in 2007, Luxury Living Chicago Realty has unparalleled experience marketing and leasing luxury multifamily properties in Chicago. Our team provides best-in-class customer service with a seamless showing and leasing process. With our extensive knowledge of the Chicago real estate market, our leasing professionals provide invaluable insight. We are able to understand the renter’s needs and priorities and are happy and fulfilled in helping to find the perfect new home. Our passion is to empower people to live their best life. To learn more about Luxury Living Chicago Realty, visit luxurylivingchicago.com.