ChicagoDowntown / Loop

Will 73 East Lake become one of the Booth School dorms?

by Joe Zekas on 1/13/14

U.S. News tells us that MBA students at the University of Chicago’s Booth School of Business. “live and learn in Hyde Park, Ill., a hub of arts and culture that is just blocks from downtown Chicago and the beaches of Lake Michigan.”

We’ll skip over most of that laugher and focus on where Booth students choose to live. Here’s one student’s take on the subject:

… over 80% of students live within a 2 mile strip of the downtown neighborhoods the Loop, South Loop, and Streeterville. Heck, over 60% of students live in three buildings that are often referred to as the dorms (Millenium [sic ] Park Plaza, Columbus Plaza, MDA).

Another Booth student included The Tides and The Shoreham among “the dorms,” i.e. buildings with 50 or more Booth students.

What makes these buildings popular with Booth students is their proximity to both the Gleacher Center and the Metra Electric stop at Millennium Station. It’s an 18-minute ride to the University of Chicago 59th St stop from Millennium Station.

The 42-story, 332-unit high-rise nearing completion at 73 East Lake has similar Gleacher / Metra proximity and will have the advantage of being a new building with a combination of common-area and apartment amenities that’s arguably superior to any of “the dorms,” along with an unusually high percentage of 2-bedroom apartments.

Will 73 East Lake become one of the Booth dorms? Or will it become THE Booth dorm?

You can see all of the Loop and New East Side high-rises at YoChicago’s at-a-glance list of downtown apartments.

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{ 1 comment… read it below or add one }

the urban politician January 17, 2014 at 10:50 AM

I have largely found that U of C students from out of town were often detached from the city. I personally know a girl who went to U of C’s medical school (and lived in Hyde Park) and simply had no idea (or interest) in the amenities of the city around her.

That is the price U of C has had to pay for isolating itself from the greater city around it for so many decades. There has been a shift of focus from the University of late, which is refreshing to see. Some of the projects under way on 53rd St are a sign that the University is taking more interest in surrounding itself with a vibrant 24/7 urban environment. It’s a step in the right direction, but at least for the near future I’m not surprised that a lot of students still choose to live downtown.

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