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SoulCycle inks lease at Related Midwest’s OneEleven
Related Midwest today announced that SoulCycle ® , the country’s premier indoor cycling brand known for its high-energy workouts that combine cycling with dance, has signed a 4,200-square-foot lease at OneEleven, the developer’s 60-story ultra-luxury apartment tower at 111 W. Wacker Drive.…, About Related Midwest:, Related Midwest, the Chicago office of Related Companies, is the preeminent developer of luxury condominium and rental homes, affordable housing communities and mixed-use properties in Chicago. Recognized for its innovative, market-defining developments, Related Midwest has reshaped luxury living…, About SoulCycle:, In 2006, SoulCycle introduced the innovative model of boutique cardio fitness to the marketplace and reinvented indoor studio cycling. Since 2006, riders have been flocking to SoulCycle to release stress, burn fat, tone muscle, improve aerobic endurance and change their bodies, fast. SoulCycle…
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Related announces record sale of high-profile OneEleven apartment tower
Related announced today that it has sold OneEleven, a 504-unit ultra-luxury apartment tower located at 111 W. Wacker Drive, for over $328 (328.225) million. At $651,000 per unit, it is the highest amount ever paid for an apartment building in Chicago. The sale comes just three years after Related…
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Related Midwest nears sales closeout at South Loop Luxury by Related
Related Midwest today announced the anticipated sellout of South Loop Luxury by Related, with just 15 of the collection’s original 504 condominiums remaining. The residences, located across three South Loop towers—The Grant, Adler Place and Harbor View—include a mix of one-, two- and three-bedrooms…, About Related Midwest:, Related Midwest, the Chicago office of Related Companies, is the preeminent developer of luxury condominium and rental homes, affordable housing communities and mixed-use properties in Chicago. Recognized for its innovative, market-defining developments, Related Midwest has reshaped luxury living…
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Related to acquire, rehabilitate and preserve more than 3,000 affordable housing units in Illinois and the Midwest
Related Companies, one of the largest owners of affordable housing in the United States, today announced that the company is in the process of acquiring 17 properties totaling 3,062 affordable housing units across the Midwest. Through a public-private partnership with the City of Chicago and…, About Related:, Related Companies is the most prominent privately-owned real estate firm in the United States. Formed 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales.…
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Related Companies enters into joint venture on 111 West Wacker Drive, firm to redevelop property as luxury rental building
Related Companies today announced that it has entered into a joint venture agreement with Clark Wacker LLC on a development site at 111 West Wacker Drive in Chicago, Illinois. Related plans to redevelop the property as an approximately 500-unit luxury rental complex that will include on-site…
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Wells Fargo and Related Companies revitalize and preserve affordable housing in Chicago's southside
Wells Fargo & Company (NYSE: WFC) and Related Companies today announced the acquisition of Parkway Gardens, a 694-unit affordable housing apartment property in the Southside of Chicago. The development will be preserved as affordable housing for an additional 30 years. Related Companies has…
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Related Midwest breaks ground on innovative luxury rental tower
Market-Defining Building with Sustainable Features, Best-In-Class Amenities and Stunning Views Located at 500 Lake Shore Drive will Create More Than 750 Union Construction Jobs Related Midwest, in partnership with the AFL-CIO Building Investment Trust, today joined local elected officials and labor…
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Related Companies Names Curt R. Bailey President of Related Midwest
Related Companies, one of the nation's leading private real estate development firms, today announced that Curt R. Bailey will join Related Midwest as President beginning May 12, 2008. Bailey will oversee current development as well as the pursuit of new business opportunities. Jeff T. Blau,…
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