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Waterton Completes “Top-to-Bottom” Renovation at River North Rentals
Waterton completed the $15-million renovation of River North Park, a 400-unit, 24-story apartment tower in the River North neighborhood. Waterton is the operator, design and construction manager and minority equity partner of the asset, which is majority-owned by Angelo Gordon.
Upgrades to River North Park include a rebuilt rooftop deck, a redesigned resident lounge and collaboration area, an updated lobby with 24-hour door attendant, upgraded interior hallways and a modernized, 24-hour fitness center. Waterton also completed several improvements and repairs to the building envelope and front-entry canopy.
“This was a top-to-bottom renovation catering to residents who seek a convenient location near restaurants, bars, shopping, and top-tier entertainment, and a highly desirable, commute-free, amenity packed lifestyle,” said Lela Cirjakovic, EVP of operations at Waterton.
River North Park was originally built in 1986. Angelo Gordon acquired its majority stake in December 2016.
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