Chicago’s newest tower crane (for a few days) has risen at Milieu

If, as is rumored to be the case, the tower crane at 145 South Wells begins assembly today, then Milieu won’t have Chicago’s newest tower crane for very long.

But it’s The New Kid for now, after rising at 205 South Peoria in the West Loop last week. Power Construction will utilize it to build the FitzGerald-designed Milieu, a 19-story, 275-unit apartment development, for White Oak Realty Partners and Crayton Advisors.

Shout-out to Twitter user Alex Katz (@AT_Katz) for letting us know on Friday that the crane was up and running.

Milieu plants a tower crane stub amidst caisson work

Milieu June 2018

That’s a fresh tower crane stub at Milieu in the West Loop.

Even as Stalworth Underground continues caisson work at Milieu (205 South Peoria) in the West Loop, something even more exciting has taken over the lot: Power Construction has evened out their tower-crane count after taking down the rig at the Hoxton Chicago by planting a stub on this site.

The Power Crane permit was issued Tuesday the 5th; they wasted no time getting that stub in place. Now, progress on the FitzGerald-designed 19-story, 275-unit apartment building can start going vertical immediately after caisson works wraps up. Yes, the West Loop is going to remain a very busy construction hub for quite some time.

Milieu has a clean West Loop slate to begin construction

Milieu West Loop

Demolition is complete at the corner of Adams and Peoria Streets in the West Loop, leaving just a silky-smooth lot with which to begin Milieu, the 275-unit apartment project from co-developers White Oak Realty Partners and Crayton Advisors.

It looks like Stalworth Underground will hit the site first, as they’re equipment is already on the lot. They’ll help take care of foundation work for GC Power Construction, tasked with sending Milieu up to its desired 19-story height. Designed by the West Loop’s own FitzGerald, Milieu brings 13,000 square fete of retail space, as well as parking spots for nearly 200 cars.

For now, Power has a permit to build up to the 5th floor. Soon they’ll get a tower crane permit as well, then the full-build will follow. Milieu is expecting a Summer 2019 opening.

Milieu is about to move into the West Loop

Milieu 205 South Peoria Street

Construction fencing is up around the Milieu site, as another FiztGerald design, 727 West Madison, watches in the background.

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.