Draper and Kramer Launches Pre-leasing at South Loop Rentals
Pre-leasing is underway for Draper and Kramer’s Aspire Residences, a 24-story, 275-unit apartment tower in the South Loop. Located less than a block from the CTA’s Cermak/McCormick Place Green Line station, the transit-oriented development is slated to see its first move-ins this summer.
“Aspire is among the first new residential properties in this growing district in a number of years, giving those who are attracted to its walkability and urban lifestyle an opportunity to reside in a new-construction rental high-rise,” said Todd Bancroft, president and CEO of Draper and Kramer.
Bancroft noted that while the ongoing COVID-19 pandemic has changed the way people search for apartments, initial interest in Aspire has been strong, with several units already leased. “We’re thrilled with the positive early response, which tells us renters are looking to the future and researching new options in the market,” he said.
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