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Chicago & Midwest  + Apartments  | 

Draper and Kramer Breaks Ground on South Loop Apartments

Draper and Kramer has started construction on 2111 S. Wabash Ave., a 24-story, 275-unit building in the McCormick Square area of the South Loop. Located less than a block from the CTA’s Cermak/McCormick Place Green Line station, the transit-oriented development will be five minutes from the Loop by train.

“With 2111 S. Wabash, we are helping advance the city’s vision for McCormick Square as a dynamic mixed-use area, boasting a blend of entertainment, retail and residential offerings in proximity to the central business district,” said Ed Polich, EVP of real estate with Draper and Kramer.

The start of construction has been awhile in coming, Crain’s Chicago Business reported. The developer won City Council approval in 2016, but opted to wait for the neighborhood to mature.

“We didn’t want to be the first new building and didn’t want to deliver into a market that was still establishing itself,” Polich told Crain’s.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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