Multifamily development activity continues across major urban markets as developers pursue residential projects near transit corridors and employment centers. Clark Construction has mobilized for construction of 566 West Van Buren, a new residential tower in Chicago’s West Loop Gate neighborhood being developed by Riverside Investment & Development, Blue Star Properties, Atlantic Residential and Metropolis Investment Holdings.
The project recently advanced from site preparation into active structural construction following foundation work and crane installation.
The development will include a 12-story multifamily tower containing 199 residential units across studio, one-bedroom and two-bedroom layouts.
According to project information released by Clark Construction, the building footprint spans approximately 26,000 square feet. The ground floor will include an enclosed parking garage with 42 vehicle spaces along with bicycle storage capacity for 199 bicycles.
Planned resident amenities include coworking space, a fitness facility, mail room, club room, private lounges and an outdoor rooftop amenity deck with a swimming pool.
Clark Construction said crews completed deep concrete caisson foundations before transitioning into vertical concrete construction activities.
The contractor also completed erection of the project’s tower crane, allowing work to proceed on the constrained urban site located within Chicago’s West Loop submarket.
Groundbreaking activities for the development were held earlier this month with participation from the project ownership and development team.
Chicago’s West Loop and adjacent downtown neighborhoods continue to attract multifamily investment because of proximity to transit infrastructure, employment centers and mixed-use development activity.
For contractors and developers, urban infill residential projects often require detailed logistics planning, phased construction coordination and efficient use of constrained sites. Projects that incorporate parking, bicycle infrastructure and flexible amenity space also reflect continued demand for mixed-use residential features in high-density urban markets.
Source: Clark Construction
