Once known simply as “808 West Van Buren,” The Van Buren will break ground in an official ceremony Wednesday morning at its Greektown construction site at Halsted and Van Buren Streets.
Representatives from developer Loukas Development, design architect bKL Architecture, and general contractor Lendlease will all be on hand to plunge shovels into the ground to celebrate the new 12-story West Loop tower, according to a press release issued by Loukas Development on Monday.
The Van Buren began with a foundation permit back in April, and has since completed caisson work, done a major amount of foundation digging, and planted a tower crane stub. When complete late in 2018, The Van Buren will deliver 148 rental apartments to the neighborhood.
You can read Loukas Development’s full Press Release below, followed by a few more gorgeous renderings from bKL Architecture:
Groundbreaking Event: Wed. Oct. 4, 2017
Loukas Development Announces Construction Start of The Van Buren, a mixed-use development at 808 West Van Buren Ave., Chicago
WHAT: Loukas Development will host a groundbreaking ceremony at The Van Buren, a 12-story boutique mixed-use development in Chicago’s West Loop neighborhood. The 148-unit building is being developed at 808 West Van Buren Ave.
When: Wed. Oct. 4th — 11:30 a.m. to 12:30 p.m.
WHO: Representatives from Loukas Development, bKL Architecture, Lendlease and Washington Capital will break ground and discuss the project.
WHERE: 808 West Van Buren Ave., Chicago; on the northwest corner of Halsted St. and Van Buren Ave.
During the event, members of the media will be able to:
- Capture the ground breaking/shovel ceremony in photographs featuring development, architectural, and capital sources
- Meet Loukas Development Managing Director Aristithis Loukas; hear him explain the vision behind The Van Buren
- Meet with and discuss the project design with the architect, bKL Architecture; learn more about how amenities at multifamily new construction continue to evolve
- Learn about this transit-oriented project, which will bring a new luxury rental experience to the southeast section of the West Loop.
- See renderings of the project which will demonstrate how The Van Buren will fulfill a demand for luxury housing and specialized retail offerings
About Loukas Development
Established in 1978, Loukas Development is an innovative commercial real estate development and management firm with a strong focus on infill, transportation-oriented development in dynamic and high growth urban locations. The company has completed the development, renovation, leasing and conversion of over 500 residential units, including several high profile mixed-use developments in the Chicago area.
Loukas Development has an operating and development platform capable of scaling quickly for institutional opportunities while remaining connected to the Chicago neighborhoods we serve. Our mission is to redefine and reshape the urban commercial, residential, and mixed-use experience through a combination of state-of-the-art design and solid construction techniques. For more information, visit www.loukasdevelopment.com.
About Washington Capital Management, Inc.
Loukas Development’s capital partner on the project is a limited liability company managed by Seattle-based Washington Capital Management, Inc. on behalf of its clients.
Washington Capital Management, Inc. (WCM) is an employee owned investment advisory firm founded in 1977. WCM headquarters are located in Seattle, Washington, with branch offices in Portland, Spokane, Anchorage, Southern California, Northern California and Boston. For more information on WCM, please see http://www.wcmadvisors.com.
About bKL Architecture
Founded and led by Thomas Kerwin, bKL Architecture is a Chicago based architectural firm with extensive experience in the design and execution of large scale mixed-use building projects. bKL’s core principles include design excellence, technical acumen and viable solutions to complex problems. Open dialogue within its studio cultivates collaboration, communication and cohesive designs that enrich the sites and cities around the world in which they build.
Gee, no opportunity to vent for the residents of the east side of the Westgate (812 W. Van Buren) who are getting a building up against their windows? That WAS me, but I bailed (too late). Thanks Loukas for costing me about $30,000 when I sold to avoid having to look, at close range, at your pedestrian glass and concrete slab.