ChicagoDowntown / Loop

A video tour of 850 Lake Shore Drive

by Joe Zekas on 12/27/13

In the video Crain’s Alby Gallun and developer Matt Phillips tour 850 Lake Shore Drive and chat about the current rental market. The 17-story building, formerly the Lake Shore Athletic Club and a Northwestern dorm, is being renovated into 198 luxury apartments. First occupancies are slated for next month.

Phillips expects 850 to do well, based on the building’s location and character, despite a rental market that’s been softening recently. “We’re targeting a little more mature demographic” than the other new buildings, he said.

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Related posts:

  1. 850 Lake Shore Drive slates occupancy for late this year
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  4. 850 Lake Shore Drive apartments, Streeterville
  5. Was The Peshtigo a better building than 500 Lake Shore Drive?

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