The Missner Group, Base 3 Development Secure Financing, Begin Construction on West Loop MF Project

The Missner Group, in conjunction with financing and redevelopment partner Base 3, will start construction on Oxxford Lofts, a historic redevelopment project in Chicago’s West Loop that will transform a former industrial building into a 112-unit multifamily community.

The building is named for its previous owner, the Chicago clothing company Oxxford Clothes. The approximately $42 million project will reposition the property into a modern residential offering.

Plans call for a full gut renovation, all new building systems, upgraded sustainability features, and contemporary unit layouts. The Missner Group is serving as general contractor on the project and is also a financial partner in the venture through its joint venture with development firm Base 3.

Located at 1220 W. Van Buren Street, the property sits in a prime West Loop location with convenient access to Fulton Market, public transit, and major highways. Leasing for the building is expected to begin in spring 2027 through Base 3 Development.‍ ‍

Join us on Tuesday afternoon, June 2, 2026, at the Connect Midwest Multifamily Trends Conference as JDL Founder, Jim Leitchinger, is honored with the Changing Skyline Award, followed by an exclusive Keynote Interview. This is a rare opportunity to hear firsthand insights from one of the region’s most influential visionaries in multifamily development.