Roosevelt Collection is a mixed-use development in the South Loop. The development includes 342 apartments, nearly 400,000 square feet of retail space, and a sprawling multi-level parking garage designed to accommodate 1,500 cars. The project’s master plan included a 43-story apartment tower and a 1-acre park, both of which are unbuilt.
The apartments, which were originally offered as condominiums, are above the retail space on the top six floors of two 8-story buildings separated by a plaza / auto court. First occupancy was in 2009.
Roosevelt Collection offers 23 different floor plans of 1- and 2-bedroom apartments. Several of the one-bedroom plans have an en suite bath and a separate powder room. Two-bedrooms have either one or two baths.
Floor plans and a near real-time availability check can be accessed online. As of early November 2013 available 1-bedrooms rented from $1,760 and 2-bedrooms from $2,025.
The apartments have a “soft loft” aesthetic, with high concrete ceilings, large windows and exposed pipes.
Roosevelt Collection was built as a condominium and has higher-level finishes than many of its competitors. Kitchens have gas ranges, stylish range hoods and built-in microwaves. Open-plan kitchens have large islands and some have pantries.
Units have hardwood floors in living areas and carpeted bedrooms. All of the apartments have in-unit washer / dryers and balconies or terraces. Two-bedrooms typically have the split-bedroom layout that’s popular with roommates, and have stall showers in the master bath.
Most of the units have good closet space. Baths have custom tile tub surrounds.
Short-term furnished housing is available through VIP Corporate Housing.
Views. Roosevelt Collection is not a view building.
Some of the units have decent views to the north and east.
Amenities, services, policies
Roosevelt Collection has a limited amenities package.
The building does not have a pool and has only a small sun deck. There’s a fitness room, a resident lounge with billiards and a business center / conference room.
A furnished guest suite is available to accommodate visitors.
Roosevelt Collection has on-site leasing, management and maintenance staff and 24/7 door staff. The building is pet-friendly, subject to limits, but dog owners will notice the lack of a dedicated dog run.
Roosevelt Collection’s website bills its location as being “in the heart of the South Loop.” That’s a seriously misleading description.
The complex is at the neighborhood’s western edge, with poor proximity to South Loop attractions compared to other apartment buildings.
Roosevelt Road is a major east-west thoroughfare, and Roosevelt Collection is on a long stretch that’s elevated above its surroundings. There’s nothing but vacant land in three directions from the complex.
WalkScore gives the location a “Walker’s Paradise” rating of 92 and a “Rider’s Paradise” transit score of 100. If you drill in on the details of the WalkScore ratings, and are familiar with the location, you’ll see that they’re based on a lot of erroneous information. Roosevelt Collection does not have walkability and access to transit that’s comparable to other properties with the same scores.
Roosevelt Collection does have superior access to the University of Illinois at Chicago, compared to other South Loop apartments.
Shopping. Residents at Roosevelt Collection have good access to grocery shopping.
Target is directly east of the Roosevelt Collection, on the same block.
Trader Joe’s and Jewel-Osco are four-tenths of a mile east of Roosevelt Collection and Whole Foods is the same distance west. There are full-service pharmacies in the Jewel and Target, and a Walgreens is two blocks east on Roosevelt Rd.
Retail space at the Shops at Roosevelt Collection languished vacant for years, but has been filling relatively rapidly in recent months, with an emphasis on fashion. Ann Taylor Loft is the most recent announced opening.
Roosevelt Collection has a lengthy history of failing to meet targeted dates for retail, restaurant and service occupancies. You’d be well advised to count only on what you see rather than what’s touted as coming.
There’s a large and growing cluster of big-box shops just west of the river along Roosevelt Rd.
The Roosevelt Collection has poor access to dining and nightlife options compared to other South Loop apartments.
You can grab a sandwich, a snack or a dessert, or choose from a limited beer and wine selection, at Bridgeport Coffee, which recently opened in the plaza.
The Showplace Icon theaters at Roosevelt Collection is one of the few first-run movie venues in downtown Chicago. The lounge bar gets busy in the evening and has food available.
Signs announcing a pending lease with a sushi restaurant and a “fun Mexican” restaurant have been on-site at Roosevelt Collection for some time. Reminder: a sign is not a restaurant. Chica Loca, for example, was announced a year ago and had yet to open by early November of 2013.
The South Loop has under-rated dining and nightlife scenes, with scores of options. Very few of them are accessible in less than a 10-minute walk from Roosevelt Collection.
Parks, recreation. Access to parks and recreational opportunities is another area in which the Roosevelt Collection comes up short.
It’s easy to be deceived by a map view, which shows two small parks near the Roosevelt Collection. Circuitous routes are necessary to gain access to those parks. There’s no parkland readily accessible to the property.
Grant Park accommodates a wide range of active recreational pursuits and spots for quiet contemplation. Only passive recreation is available at the point nearest the Roosevelt Collection, a half-mile from the property.
Transportation. Public transportation from the location is good.
The CTA’s Roosevelt Road station, three blocks east of the property – about an 8-minute walk – has Red, Green and Orange Line stops for easy access to north, south and west side locations and to Midway Airport.
A wide variety of CTA bus routes criss-cross the area, with stops near the building.
Roosevelt Collection competes directly with a number of South Loop properties that most renters will consider as having far more convenient locations.
Rentals are typically available in a number of nearby condo buildings, sometimes at sharply lower rents than in the managed apartment buildings.
Roosevelt Collection in the news
More recent items are listed first.
An updated look at the long-awaited Roosevelt Collection shops Fashion retailers, restaurants lease at Roosevelt Collection Still no signs of new retail at Roosevelt Collection Roosevelt Road developer has a 300,000 square foot void Big loss likely as Roosevelt Collection up for sale Lofts at Roosevelt Collection converting to rentals Roosevelt Collection gets $285 million in loans
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