The first move-ins have taken place at Draper & Kramer’s Aspire Residences in the South Loop. The building is currently 28% leased, and 95 residents have moved in since the 24-story rental tower opened its doors in August.
Additionally, Draper and Kramer has leased 2,965 square feet of the building’s retail space to GeeFit Boot Camp, operated by Chicago trainer Garfield Green. It will fill approximately half the first-floor retail space, and a spring 2021 opening is anticipated.
“This part of the South Loop has not had a new residential property of this size open in a number of years, so it has been an exciting process to have renters move into the building over the last couple months and usher in a new generation of apartment living in this area,” said Todd Bancroft, president and CEO of Chicago-based Draper and Kramer.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism.
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