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Chicago & Midwest  + Downtown  + Apartments  | 

Onni Group Unveils New Renderings for $1.1B Halsted Landing Project

Vancouver-based developer Onni Group has revealed renderings for its proposed multi-phased development, Halsted Landing, at 700 W. Chicago Avenue. The developer purchased the site in 2022 for roughly $45 million.

The project will have a total of 2,451 residential units, including 490 affordable units. It will also have over 1,000 feet of accessible riverwalk space and nearly two acres of outdoor space, reported the Chicago Sun-Times.

The first phase would include 688 residential units, of which 138 would be affordable. The second phase will deliver more than 500 units, while phase three will have a total of 1,221 units. The towers will also feature ground-floor retail space.

The site is north of the one-million-square-foot casino and hotel complex planned by Bally’s along the Chicago River. The project, designed by Goettsch Partners, is expected to be built in three phases with towers up to 650 feet tall. If approved by the Chicago City Council, Halsted Landing will be completed by 2037.

Image credit: Goettsch Partners

Don’t miss the Lifetime Achievement Award Presentation and Keynote Interview with G. Joseph Cosenza, Vice Chairman of The Inland Real Estate Group, LLC and President of Inland Real Estate Acquisitions, LLC at Connect Midwest: Multifamily, Affordable, Student & Senior Housing Trends on June 4, 2024, at the W-Chicago, City Center Hotel, Chicago, IL. Register Today to network with your peers!

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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