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.
Email the Author
Reach over 250,000 Commercial Real Estate Professionals with Connect
Connect CRE reaches the top commercial real estate players nationwide and across all property types, offering you a variety of ways to showcase your team, your expertise and your brand to CRE decision makers.
The home for CRE news and everything you need to stay informed on deals, trends, and transactions, providing a platform to get your brand in front of your target audience.
Daily CRE Emails
Reaching over 150,000 inboxes across the nation every day, Connect’s Daily News emails provide advertising opportunities specific to your market.
Bi-Weekly Property Sector Emails
Focus your advertising on emails dedicated to your property sector and stay visible to current and potential clients.
Position your team as experts in your field with content created by Connect’s editorial team and published on Connect’s news emails. Showcase your intelligence and broaden your reach.