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Chicago & Midwest  + Downtown  + Apartments  | 

Medici Co-Living Space Coming to Chicago

Medici Living Group, which began its U.S. push with co-living locations in New York City and Los Angeles, has now come to Chicago. A 175-unit Quarters location will open next weekend at MCZ Development’s mixed-use property at 171 No. Aberdeen St., in the Fulton Market district.

It will be the first of many Quarters properties Berlin-based Medici has in mind for the Chicago market, as it begins expanding across the nation. The apartments at 171 N. Aberdeen will accommodate one to five people.

“We’re seeing massive demand, and we’re really reacting to that demand,” Medici CEO Gunther Schmidt told the Chicago Tribune. “I think you’re going to see this expand in every city.” The company is working with Caton Commercial Real Estate Group to secure other locations in Chicago and across the Midwest.

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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 13-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 15-20 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 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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