Developer Announces Completion of New 45-Story Luxury Apartment Tower in Downtown Chicago

Developer Announces Completion of New 45-Story Luxury Apartment Tower in Downtown Chicago

CHICAGO, IL - Moment, a new luxury apartment tower, has opened in the heart of Chicago's bustling Streeterville neighborhood. The 45-story, 490-unit building at 545 N. McClurg Court welcomed its first residents in late July, according to international real estate firm Golub & Company, the developer. Designed to meet LEED Silver Standards, Moment also boasts nearly 40,000 square feet of indoor and outdoor amenities, including many thoughtfully designed spaces dedicated to wellness and healthy living.

"We are pleased to add a health and wellness-focused high rise apartment community to this vibrant neighborhood," said Golub & Company President and CEO Michael Newman. "We have a long tradition of development in Streeterville, and we think Moment is a new and different way to meet the strong demand in this neighborhood for luxury living."

At Moment, residents can take a mindful break from their daily lives in amenity spaces including the ELEVATE Rooftop Pool + Lounge, the MIND + BODY Wellness Spa, the REJUVENATE Sauna + Steam room, the INVIGORATE Massage Room, the VITALITY Fitness Hub and MEDITATE Yoga Studio, and the SERENITY GARDEN. They also share access to a demonstration kitchen, entertainment gallery, media theatre, coffee and tea bar, a self-service pet spa, a business center, and cabanas and grilling stations.

"At Moment, our busy, health-conscious residents can participate in yoga, massage, swimming and exercise without ever leaving the building," observed Paula Harris, Golub & Company Principal and Senior Vice President. "By going down the hall instead of across town, you can fit health and wellness activities into a busy schedule."

The apartments, available in studio, convertible, one-, two- and three-bedroom layouts, feature floor-to-ceiling windows, plank flooring, European-style frameless cabinetry, marble mosaic backsplashes, pearl quartz countertops in kitchen and bath, stainless steel appliances, and in-unit washer and dryer sets.

The silver-blue tower features a contemporary glass and metal exterior wall with taut, flush panels arranged in a pattern of asymmetrical bay windows. This combination of color and geometry provides each apartment with unique urban views and distinguishes the tower from neighboring buildings. The building also includes an attached 290-car parking garage and 5,200 square feet of ground-floor retail.

The architect for Moment is Solomon Cordwell Buenz and the general contractor is Walsh Construction. Construction financing was provided by The PrivateBank (as Agent and Sole Lead Arranger), The Union Labor Life Insurance Company and Prudential Mortgage Capital Company.

Source: Golub & Company / #Apartments #Multifamily

More Stories

Get The Newsletter

Get The Newsletter

The latest multifamily industry news delivered to your inbox.