CMK, Greystar Begin Leasing 31-Story Apartment High-Rise Underway in Chicago’s South Loop
CHICAGO — CMK Cos. and Greystar Real Estate Partners have begun preleasing units at Imprint Apartment Homes, a new 349-unit high-rise community underway along the historic Printer’s Row in Chicago’s South Loop neighborhood. Local media outlets report the tower will rise 31 stories.
CMK is the project’s developer, and Greystar is providing property management services. Chicago-based RL Accelerated is handling Imprint’s leasing services and has secured the property’s first lease.
Imprint will feature floor plans ranging from 478-square-foot studio apartments to 3,276-square-foot, four-bedroom penthouses. According to Imprint’s home page, rents range from $1,745 for a studio to $8,100 for a penthouse. Move-ins will begin in mid-April and conclude this fall.
The property is situated at 717 S. Clark St., the site of the former Palmer Printing building. Nearby transit options include the Harrison L Stop on Chicago Transit Authority’s (CTA) Red Line and the LaSalle L Stop on CTA’s Blue Line.
Community amenities will include a fitness center, resident lounge, coworking spaces, dog grooming station, bike storage, community terrace with fire pits, top-floor observation deck, library and 24-hour concierge services.
Designed by Hartshorne Plunkard Architecture, Imprint has received the Green Globes certification from the Green Building Initiative for the project’s sustainable design features, which include a green roof, energy efficiencies, waste collection, air quality management and the use of renewable building materials.
“We look forward to bringing beautiful and high-quality apartment homes to Printer’s Row,” says Emily Carnes, regional property manager for Greystar’s Greater Chicago Area.
CMK Cos. is a multifamily developer based in Chicago that has completed and/or has under construction more than $3 billion of residential properties. Current communities in CMK’s portfolio include Coeval and Riverline in Chicago and Sailrock in Turks and Caicos, a popular island vacation destination southeast of the Bahamas.
Headquartered in Charleston, S.C., Greystar manages and operates an estimated $160 billion of real estate in nearly 200 markets globally. The company is the largest operator of apartments in the United States, managing more than 500,000 units/beds, according to Greystar.
— John Nelson