The one bare corner of Huron and Kingsbury Streets in River North won’t be bare for much longer, according to several news sources. Lennar scrapped its plans for the 21-story Parc Huron at 469 W Huron St earlier this year (and finally hauled off its empty sales trailer last month), but M&R Development principals Thomas Moran and Tony Rossi Sr have picked up the baton and plan to build it as a rental tower.
According to stories from Globe St and Chicago Magazine, Hartshorne Plunkard Architecture‘s exterior design will not change, but Moran and Rossi have chosen to tweak the building’s floor plans, eliminating half-baths to increase closet space. The developers plan to use hardwood floors and luxury finishes in the units, perhaps in hopes of converting the apartments back into condos at a later date.
Amenities will include a fitness center and spa, conference rooms, and a media lounge. M&R will seek LEED Silver certification through the construction of a green roof and a 14,000-square-foot park east of the building, according to Globe St.
Lease rates for the one- to three-bedroom units will be from about $1,530 to $3,600 a month. Construction is set to start this week.
The Parc Huron will have plenty of new residential company in the neighborhood by the time it arrives. A handful of homes are still available next door at 451 West Huron, a number of lofts are planned at the Park Kingsbury at 678 N Kingsbury St, the half-sold 757 Orleans @ Chicago is nearing completion at 757 N Orleans St, and the Flair Tower apartment high-rise is under construction next to the Brown and Purple Line tracks at the corner of Erie and Franklin streets.
Related posts:
• Construction almost finished on 757 Orleans @ Chicago, but sales have a long way to go (Dec. 16)
• Video: Inside a model at Park Kingsbury Lofts (Oct. 9)
• Erie Park, the view from Freedom Center (Apr. 7)
• 21-story Parc Huron planned for River North (Aug. 2, 2007)