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Downtown Chicago Apartment Conversion Project Begins Pre-Leasing
Cross Street, Mavrek Development, and ACRES Commercial Realty announced the start of pre-leasing at Wacker Place, a new office-to-residential conversion at 65 E. Wacker Place, in the heart of downtown Chicago.
Upon completion, the community will feature 252 apartments offered in studio, convertible, one- and two-bedroom floor plans. “Wacker Place represents a thoughtful reinvention of a historic structure by bringing new life to an iconic Chicago building while meeting the expectations of today’s renters,” said Anthony Hrusovsky, Mavrek’s chief investment officer.
The building’s ground-floor retail space houses Morton’s Steakhouse, which remains open during construction. Built in 1928 and designed by architectural firm Rissman & Hirschfeld, 65 E. Wacker Place was originally known as the Millinery Mart Building. McHugh Construction served as general contractor in partnership with Cullen Construction Management on the residential adaptive reuse.
“Wacker Place represents a thoughtful reinvention of a historic structure by bringing new life to an iconic Chicago building while meeting the expectations of today’s renters,” said Anthony Hrusovsky, Mavrek’s chief investment officer.
