Luxury Living Chicago Realty (LLCR) announces Wolf Point East, a 698-unit luxury apartment building, has hit the 80% leased milestone.
“As the exclusive marketing and leasing provider for Wolf Point East, we have seen demand for this building remain incredibly strong throughout the pandemic,” said Aaron Galvin, CEO & Founder of Luxury Living Chicago Realty. “While much of the Chicago luxury apartment market experienced rent decreases and muted leasing absorption for the past year, Wolf Point East has exceeded all leasing metrics throughout the lease-up. This is a testament to the quality of construction, thoughtful amenities, world class ownership team, and unit mix offering larger average unit sizes, comfortable for the current work from home environment.”
Located at the intersection of River North, Fulton Market and the Loop above a four-acre riverfront park, Wolf Point East is designed by internationally renowned Pelli Clarke Pelli Architects in partnership with Pappageorge Haymes Partners.
The luxury apartment building offers studio to three-bedroom penthouse floor plans. Studios start at $2,295 per month, junior one bedrooms start at $2,475, one bedrooms start at $2,795 per month, two bedrooms start at $4,295 per month and three-bedrooms penthouses start at $13,995 per month. Leasing incentives are available on select units and lease terms.
Building amenities include an indoor pool with south-facing terrace and sundeck, a full-floor expansive fitness club and exercise studio, private coworking lounge with conference rooms, outdoor dog run and inviting pet amenities, elegant gathering spaces for dining and entertaining and a club area complete with social games and a golf simulator.
Wolf Point East is also excited to announce that Blue Bottle Coffee will open in the ground floor retail space in summer 2021. The Oakland-based specialty coffee company is known for its world class single-origin and blend pour overs and espresso drinks, as well as its attention to quality and sustainability. This will be their first location in Chicago and the largest in the company’s United States portfolio.
“We are thrilled to reach this leasing milestone, and we could not be more pleased with the beautiful community we have created,” said Will Renner, Managing Director at Hines. “We are also excited to welcome Blue Bottle Coffee this summer, which adds another amenity for our residents and the neighborhood.”
The development team is composed of Hines, Wolf Point Owners LLC and the AFL-CIO Building Investment Trust. Wolf Point Owners LLC is a part of Park Holdings Group LLC which is the principal investment entity of the Kennedy Family. Learn more about the apartments and future updates at www.WolfPointEast.com.