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400 E. Randolph 50th

400 E. Randolph Celebrates 50 Years on Lake Shore Drive

 

The 400 Condominium Association (400 E. Randolph, Chicago) will mark its 50th Anniversary on August 11th, 2013, from 4 p.m. to 8 p.m. with a special event at the Atlantic Ballroom in the Radisson Blu Hotel on North Columbus.
Opened in 1963 as the Outer Drive East Apartments, and converted to condominium in 1973, 400 E. Randolph was the first building built east of Lake Shore Drive and continues to be the proud matriarch of what is now the New Eastside Neighborhood. It is the largest residential building under one roof in Illinois and one of the largest of its kind in the country with 956 units.
The celebration on August 11th will feature a cocktail reception for more than 700 residents and guests as well as entertainment and a formal program from 5:00 - 5:45 p.m.  Among the many guests, several elected officials will join in the festivities including Congressman Danny Davis, State Treasurer Dan Rutherford, State Representative Christian Mitchell, County Board Member Jerry "Iceman" Butler and the Vice Mayor of Chicago Ray Suarez.
The landmark building which underwent an award-winning $27.6 million renovation program which has included a fully renovated health and fitness facility, complete renovation of all 32 residential hallways and significant infrastructure projects.
The landmark building with its geodesic dome pool has played host to two movies over the years - Nothing in Common with Jackie Gleason and Tom Hanks, and Eyes of an Angel with John Travolta.
We hope you will be able to join us! For more information, please contact Phil Pritzker, General Manager at 312.321.0613 or ppritzker@habitat.com.

The 400 Condominium Association (400 E. Randolph, Chicago) will mark its 50th Anniversary on August 11th, 2013, from 4 p.m. to 8 p.m. with a special event at the Atlantic Ballroom in the Radisson Blu Hotel on North Columbus.

Opened in 1963 as the Outer Drive East Apartments, and converted to condominium in 1973, 400 E. Randolph was the first building built east of Lake Shore Drive and continues to be the proud matriarch of what is now the New Eastside Neighborhood. It is the largest residential building under one roof in Illinois and one of the largest of its kind in the country with 956 units.

The celebration on August 11th will feature a cocktail reception for more than 700 residents and guests as well as entertainment and a formal program from 5:00 - 5:45 p.m.  Among the many guests, several elected officials will join in the festivities including Congressman Danny Davis, State Treasurer Dan Rutherford, State Representative Christian Mitchell, County Board Member Jerry "Iceman" Butler and the Vice Mayor of Chicago Ray Suarez.

The landmark building which underwent an award-winning $27.6 million renovation program which has included a fully renovated health and fitness facility, complete renovation of all 32 residential hallways and significant infrastructure projects.

The landmark building with its geodesic dome pool has played host to two movies over the years - Nothing in Common with Jackie Gleason and Tom Hanks, and Eyes of an Angel with John Travolta.

We hope you will be able to join us! For more information, please contact Phil Pritzker, General Manager at 312.321.0613 or ppritzker@habitat.com.

 


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The Habitat Company Starts Construction of 450-unit luxury high rise in Chicago

CHICAGO (January 12, 2012) - The Habitat Company announced the start of construction of a 43-story, 450-unit luxury high rise in Chicago in a joint venture with Multi-Employer Property Trust (MEPT) and a major institutional investor. This luxury multifamily community will be located at 360 W. Hubbard Street in Chicago's vibrant River North neighborhood, across the street from the iconic East Bank Club. This latest project adds to the more than 17,000 residential units developed by The Habitat Company in its 40 year history. Bentall Kennedy, one of the largest North American real estate advisors, represents its clients, an institutional investor and MEPT, a $5.4 billion real estate equity fund, in the transaction. "We are pleased to begin our latest project which builds on our forty years of experience and understanding of the market to create what we believe will be our finest apartment development," said Daniel Levin, Founder and Chairman of The Habitat Company. The rental residences will be smoke-free and will include top-of-the-market finishes, amenities, and services, including 29,000 square feet of indoor and outdoor amenity space to accommodate year round activities. The development will be seeking LEED Silver certification under the Leadership in Energy and Environmental Design (LEED) system of the U.S. Green Building Council. The project's architect is Solomon, Cordwell, Buenz & Associates which has designed many distinctive residential buildings around Chicago, including The Habitat Company's Kingsbury Plaza development located across the street. The general contractor for the development is James McHugh Construction Company which has built some of the most recognized properties in the Chicago skyline, including many of The Habitat Company's prior projects. "For The Habitat Company, there are many exciting aspects to this development, not the least of which is our partnership with Bentall Kennedy, one of the most respected North American institutional real estate advisors, a major institutional investor and MEPT," said Matt Fiascone, Senior VP of Finance and Investment for The Habitat Company. Upon its completion in late 2013, the development will be managed by The Habitat Company. The Habitat Company currently manages for its own account and for third parties over $2 billion of assets comprised of more than 20,000 residential units of market rate, affordable, condominium, student and public housing units in Illinois and four other states. When combined with its recent acquisition of 480-unit and 360-unit multifamily assets in Ann Arbor, Michigan, The Habitat Company concluded transactions in December having a total value of close to one-quarter of a billion dollars.

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