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Developer of the Year, City: Related Midwest

by Chicago Agent

Related-midwest

Related Midwest

Related Midwest, the Chicago office of Related Companies, is the preeminent developer of luxury condominiums and rental homes, affordable housing communities and mixed-use properties in Chicago.  Recognized for its innovative, market-defining developments, Related Midwest has reshaped luxury living in downtown Chicago through its two high-end apartment projects: 500 Lake Shore Drive and OneEleven. The firm is currently preparing to break ground on a new residential project at 451 E. Grand Ave. in Streeterville that includes a 68-story hybrid condo and apartment tower – the first Robert A.M. Stern-designed building in Chicago – and adjacent public park by Michael Van Valkenburgh. Also in Streeterville, Related Midwest is planning a high-profile development at 400 N. Lake Shore Drive, the site of the former Chicago Spire project.

“Chicago’s brokerage community has been integral to the success of our residential developments, including our South Loop Luxury by Related collection in the South Loop, where we achieved sellout in just over two years while increasing values by more than 20 percent. We’re extremely grateful that Chicago’s esteemed brokers think as highly of our projects as we think of them by honoring us with this award, and we look forward to working with them as we prepare to break ground on new developments.” –Curt Bailey, president of Related Midwest

Finalists: Belgravia Group; CMK Development

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