VISTA Property Breaks Ground on Rental and Retail Tower in River North
Developer VISTA Property and its general contractor, Skender, broke ground Wednesday on 741 N Wells Street, a new mixed-use multifamily rental building in Chicago’s River North neighborhood.
Designed by Antunovich Associates, the 21-story, 201,000-square-foot development will include 168 apartment units and communal tenant amenities. Located at the corner of Chicago Avenue and Wells Street, 741 N Wells is one of the latest new developments going up in River North.
“River North is booming,” said Ark Latt, VISTA’s chief development officer. “People want to live and work in dynamic live-work-play neighborhoods that form the heart of downtown Chicago. We look forward to continuing our collaboration with Ald. Brian Hopkins and the entire 2nd Ward to contribute a real estate asset that supports and enhances a strong community.”
VISTA financed the project with a first mortgage loan from Huntington Bank, and has also engaged Luxury Living Chicago Realty.
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 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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