One of the largest new apartment developments for Logan Square is inching closer to completion, and will soon begin inking leases with future tenants. Located on Milwaukee Avenue, the development, simply titled L, will start pre-leasing by the end of March and is anticipating its first move-ins by mid-May. Designed by Brininstool + Lynch, the six-story building will deliver 120 rentals and 5,000-square-feet of ground level retail space when it is completed and opened in May. However, to stay competitive in Chicago's growing rental market, the building is offering some unique amenities that may help lure the attention and interest of prospective renters.
Late last year, the project's developer, Property Markets Group, announced that they had acquired a retired CTA train car to use as an amenity for the building's outdoor deck. In addition, the development will feature a bike room with 200 bike racks, which will certainly help bolster its transportation theme. The space is being called a "bike kitchen," and will feature a work bench with tools and a place to wash dirty bicycles. Finally, to help attain LEED Silver status, the developer is adding a cluster of solar panels to the roof of the building. The developer claims that the L apartments will be the "the first large-scale multifamily building in Chicago to have solar panel rooftop technology."
As visible from Milwaukee Avenue, construction of the development is moving along and the exterior is approaching completion. Prospective renters will have a few floor plan options to choose from, including one-, two-, three-bedroom and convertible units. No word just yet on rent prices — the rental team says they're still working out the numbers. The development represents somewhat of a big transformation for Logan Square and will be the first of several big rental projects being constructed in neighborhood to be completed and leased. Expect to see a very different Milwaukee Avenue in a few years when the dual tower development down the street is finished and when the Congress Theater is restored and reopened.
·Logan Square L [Official website]
·Logan Square Rental Project Repurposing Retired 'L' Car for Amenity Deck [Curbed Chicago]