The first thing that strikes you about the new No. Ten Lofts is its address: 1040 W. Adams. Finding a new loft conversion of 266 units is rare enough these days, when so many central loft buildings already have been converted, but discovering one that’s located in the heart of the chic West Loop, just a couple of blocks west of Halsted, is news indeed.
Add to that the fact that this is a true timber beam building with three courtyards and creative amenities, and the project is clearly one of a kind in the current market.
“These beautiful urban homes will overlook private landscaped courtyards in one of the last great (available) timber loft buildings near downtown,” said Jennifer Arons, senior vice president of Centrum Properties, which is co-developing the project with MCZ Development Corp.
Most of the former warehouse, located on Adams between Morgan and Aberdeen, is four stories, though another section is six stories high. Constructed in 1920, the building’s scale allows the developers to offer some amenities that are unusual in a loft development – or any development, for that matter.
“No. Ten Lofts will feature a private owners club with a fitness center, café, full kitchen, billiards and a media room for DVD viewing,” Arons said. “The club will provide yoga classes and salsa dancing, included in the monthly assessment.”
The units have one to two-plus bedrooms, one to 2.5 baths and 640 to 1,500 square feet. Pre-construction base prices, which include heated indoor parking, start in the low $200s for one-bedroom units and in the $290s for two-bedroom two-bath lofts. A limited number of studio and two-bedroom units with dens already have been reserved.
“Our architects, Hartshorne & Plunkard, designed an amazing 109 different floor plans for the building, so very few residences will be the same, and every unit will feature a terrace or balcony,” said Michael Lerner, president of MCZ Development and a loft pioneer in Chicago. “The Old World richness and warmth of vintage timber beams and oak hardwood flooring will be found in every residence at No. Ten Lofts…”
Features include Italian designer kitchens with “peninsula” counters, stainless steel appliances, custom cabinetry, granite countertops, exposed timber beams, oversized windows and oak floors.
“Large windows will provide views of the landscaped courtyards, while terraces and balconies overlooking the greenery will give residents a restful feeling of open space in the heart of the bustling city,” Arons said.
Three decorated models and the on-site sales center for No. Ten Lofts, www.TenLofts.com, are open at 1040 W. Adams.