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7 New Multifamily Developments Arriving In River North In 2017

This is the year a packed multifamily pipeline will clear. A total of 6,517 new apartments will deliver in the downtown core and immediate neighborhoods this year, according to Luxury Living Chicago Realty. Of that, eight developments totaling 2,022 units will go online in River North — that's 31% of the pipeline inventory.

The floodgates opened with last month's arrival of Exhibit on Superior's 298 apartments and deliveries pick up the pace next month. Here is a look at the remaining seven projects being delivered.

1. Niche 905

Niche 905, Chicago

Address: 905 North Orleans

Date of Arrival: March

Developer: A JV of Ascend Real Estate and Intercontinental Real Estate

Stories: 18

Units: 202

Walk Score: 95

It seems like yesterday (actually, it was December 2015) that Ascend and Intercontinental broke ground on Niche 905. Originally projected for a summer delivery, two mild winters put the construction ahead of schedule.

2. The Hudson

The Hudson, Chicago

Address: 750 North Hudson

Date of Arrival: June

Developer: Onni Group

Stories: 25

Units: 240

Walk Score: 92

Seven years in the making, Onni Group originally planned condos for this site before switching to apartments. Onni Group's other big project is the Atrium Village redevelopment in Old Town.

3. Six Forty

640 North Wells, Chicago
A rendering of 640 North Wells

Address: 640 North Wells

Date of Arrival: July

Developer: JDL Development

Stories: 22

Units: 251

Walk Score: 98

Here is another project that seemingly went up overnight. JDL demolished the former Ed Debevic's on this site in December 2015 and had us waxing nostalgic for Ed Debevic's atomic burgers and rude waitstaff.

4. Gallery On Wells

Gallery on Wells, Chicago

Address: 167 West Erie

Date of Arrival: Fall

Developer: A JV of Mac Management and Magellan Development

Stories: 39

Units: 442

Walk Score: 98

JDL's Six Forty will have competition attracting tenants with the largest development on this list, located across the street. The Magellan/Mac JV also built Exhibit on Superior.

5. 3Eleven

A rendering of The John Buck Co's 3Eleven multifamily project in Chicago
Rendering of The John Buck Co.'s 3Eleven multifamily project

Address: 311 West Illinois

Date of Arrival: December

Developer: The John Buck Co.

Stories: 25

Units: 245

Walk Score: 98

Talk about speed to market. John Buck only broke ground on 3Eleven last spring. 3Eleven is one of two multifamily developments on this list to be built on a former church parking lot; the other is Niche 905. The former owner of the lot, Assumption Catholic Church, is receiving improvements to its building and garden, courtesy of Buck.

6. Hubbard 221

Hubbard 221, Chicago

Address: 222 West Hubbard

Date of Arrival: December

Developer: Centrum Partners

Stories: 23

Units: 195

Walk Score: 99

Centrum Partners has been busy near the Merchandise Mart. In addition to Hubbard 221, Centrum is also building 412 North Wells. Former Centrum co-founder John McLinden, who left the firm last December to form Hubbard Street Group, will remain with those projects through their completion and will move his new offices to 412 North Wells when that building is completed this spring.

7. Flats River North

676 North LaSalle, Chicago

Address: 676 North LaSalle

Date of Arrival: Winter

Developer: Cedar Street Co.

Stories: 7

Units: 149

Walk Score: 99

Cedar Street bought this building in July 2015 for $12M and originally planned 114 units. In keeping with Cedar Street's Flats model, these are going to be micro-units that will be affordably priced for the market. There is a possibility that construction will extend into early 2018.