A West Loop apartment progress report

Late in December we made the rounds of the new apartment projects underway in the West Loop. On Monday we took an updated look at some of them, from ground-level and from a penthouse at K2 Apartments in the Fulton River District. December’s images are on the left, Monday’s on the right. Click any of them for a larger version.

While the large new apartment projects are the focus of attention, a number of out-of-the-limelight infill projects are quietly adding a significant number of new units to the West Loop market.

Catalyst (above) was topped out at 123 N Desplaines St when we visited in December. It’s since been fully closed in, has begun a pre-leasing program and is promising occupancy beginning in June for its 223 units.

The 33-story, 350-unit Arkadia has added 11 stories since December. Occupancy is projected for late in 2014 or early 2015.

The Madison, 1212 W Madison, has added 5 stories and is one shy of its 9-story terminal height. The project’s website is projecting occupancy beginning in the fall of 2014 for its 216 apartments.

Construction had just begun in December at 922 W Washington St on Circa 922, an 11-story addition of 104 units to an existing 45-unit loft building at 123 North Sangamon. On Monday foundation work was still underway.

Michigan Avenue Real Estate Group has made little visible progress at 1000 W Van Buren St since December.

Earlier this year we reported that financing had been secured for 601 W Jackson, a 15-story, 198-unit apartment tower. Drilling rigs were on-site Monday boring foundation caissons.

You can see all of the currently active and proposed West Loop apartment projects at our at-a-glance list of new downtown apartment developments.

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