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Chicago & Midwest  + Downtown  + Apartments  | 

River North Luxury Rental Reaches Leasing Milestone

The Hubbard221 luxury rental tower from Hubbard Street Group and co-developer Centrum Realty and Development is 65% leased less than six months after its opening. The 23-story River North property opened its doors to residents last November.

“The brisk pace of leasing, especially through the winter season, has exceeded even our highest expectations,” said Hubbard Street partner Kage Brown. “The full floor of amenities on the 21st level—with 12-foot, floor-to-ceiling windows that maximize city views—is a big differentiator.”

Hubbard Street also considered how individual amenities could be designed to flow naturally into each other and maximize flexibility, Brown added. The team added elements such as a sliding door between the co-working space and the entertainment suite, both on the 21st floor.

“As more apartments come on line, Hubbard221 distinguishes itself by catering to renters who want more than just a community that checks all the boxes,” said Brown.

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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).

  • ◦Development
  • ◦Lease