Optima plans to deliver second Streeterville apartment tower in 2017

Crain’s Chicago Real Estate Daily reported yesterday that Optima has acquired a site at 220 E Illinois immediately adjacent to its Optima Center, which is nearing completion.

The Centrum-owned site, which has been on the market for a while, was zoned for up to 600 apartments, and we’d tallied that number in our at-a-glance list of list of new downtown apartment projects. Crain’s is reporting that Optima plans 400 apartment units, a 200-room hotel, and 60,000 square feet of single-user retail space. Completion of the project isn’t expected until 2017. We’ve updated our list accordingly.

You can see more of YoChicago’s aerial photography at Flickr.








(Visited 242 times, 1 visits today)