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Chicago Multifamily

1,500-Unit Old Town Development Finally Breaking Ground

The Atrium Village Development is set to begin, three years after the Chicago Plan Commission approved the project. The first phase of the 1,500-unit project at 311 W Hill St in Old Town will start with the demolition of five buildings, to be replaced by a 32-story tower with 405 apartments. According to DNAInfo, the first phase of apartments will range from studios to three-bedroom units. Studios will rent for $1,500 while one-bedrooms will range from $1,800 to $2,100. Original plans called for three other towers of 36, 41 and 44 stories. [DNA]

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