More West Loop news!
A pair of permits last week–one demolition, one construction–signaled the beginning of Milieu, a 19-story, 275-unit apartment project from co-developers White Oak Realty Partners (625 West Adams) and Crayton Advisors. Designed by the West Loop’s very own FitzGerald, Milieu (205 South Peoria Street) will also include 13,000 square feet of retail space and parking for 183 cars. Power Construction will handle the GC honors.
You can read the full press release on Milieu from Murphy Knott Public Relations after you take a gander at a few photos of the soon-to-be-dust 847 and 855 West Adams.
WHITE OAK AND CRAYTON ADVISORS ANNOUNCE MILIEU, WEST LOOP BOUTIQUE APARTMENT PROPERTY
First of its Kind: Lifestyle-Centered, Amenity-Rich; Adjacent to Chicago’s Fulton Market Delivering Summer 2019
CHICAGO— April 4, 2018 — White Oak Realty Partners and Crayton Advisors announce Milieu, a new 19-story apartment development expected to deliver summer 2019 in Chicago’s West Loop neighborhood.
Milieu, which will feature 275 residential units, will include a mix of studio, one-bedroom and two-bedroom spaces, with approximately 183 parking stalls and 13,000 square-feet of commercial retail space. When complete, Milieu will be the first of its kind: a lifestyle-centered, amenity-rich, boutique apartment property pushing the norms of residential interior and amenity design. Milieu’s environment will encompass natural earth elements and a superior social engagement experience to meet the desires of Chicago’s discerning apartment dweller.
The boutique apartment property’s prominent location overlooks Mary Bartelme Park, the West Loop’s most sought after green space and urban refuge. With its close proximity to both Fulton Market and the more traditional West Loop business district, work-life balance will be front and center.
Milieu will be located at 205 S. Peoria St. The property will be built in partnership with Pacific Life Insurance Company, contractor Power Construction, and a design team headlined by architect Fitzgerald Associates, interior designer Patina Collection|Design, and engineering firms WSP, WMA, and Eriksson Engineering.
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About White Oak Realty
White Oak is a privately held, fully integrated acquisition and development firm focused on the investment and management of high net worth and institutional capital into apartment, office, and retail investment opportunities in targeted CBD and select suburban locations.
About Crayton Advisors
Crayton Advisors is an investment and advisory firm, who through its affiliated companies, is focused on acquiring and managing multifamily, retail and assets in major markets throughout the U.S. with an emphasis on extending its VCollective Brand.