2101 S. Michigan
Chicago, Illinois
250 units, 5500 sf commercial
250-unit high-rise offering sweeping views of downtown and the lakefront, located in Chicago’s rapidly developing South Loop. As the local sponsor with an institutional JV partner, Ansonia repositioned this formerly 100% subsidized property constructed in 1971 to compete successfully against new construction luxury buildings rising to meet demand in this changing neighborhood. Improvements include a new building entrance, renovated lobby, new resident amenities including clubroom, co-working space and fitness center, and a complete aesthetic makeover of all common areas. Upgraded landscaping, exterior accent paint and lighting and new signage present a new image to the public. Resident service upgrades include attentive 24-hour door staff, installation of Wi-Fi in public areas and implementing an all-property smoke-free policy.