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Marquette Cos. to develop apartment tower in Chicago
Transactions - OCTOBER 21, 2020

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Marquette Cos. to develop apartment tower in Chicago

by Released

Marquette Cos. has secured more than $100 million from a construction loan and a pension fund equity partner for its development of a 278-unit, fully-amenitized apartment tower at 1400 Randolph St. in the heart of Chicago’s vibrant West Loop neighborhood and booming Fulton Market district.

Marquette partnered with Power Construction, a Chicago-based company that has operated for more than 90 years, to build the development with an expected completion date of spring 2022.

1400 Randolph St. is a 278-unit, 25-story, high-rise development boasting luxury apartment living, with clean lines, modern design, coworking spaces, a state-of-the-art fitness center, club room with a demonstration kitchen and pool to be located on the 18th floor. The remarkable views capture the renowned 12.77-acre Union Park and to the east, the iconic Chicago skyline.

Chicago’s West Loop neighborhood is home to the area’s most premiere and world-class shopping and night life. For the

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