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New Streeterville residential high-rise boasts over an acre of amenity spaces

Of all the gleaming high- rise residences anchoring the Streeterville neighborhood, perhaps the new Optima Signature is one of the most artistic. You can't help but notice the striking red glass panels that wrap the lower seven floors of the modern apartment tower or the bright yellow free -form sculpture that stands in the plaza in front of the building. The color bursts are a signature of renowned architect and developer David Hovey of Glencoe. The 57- story Optima Signature at 220 E. Illinois St. is a joint venture between Hovey's firm, Optima Inc., and DeBartolo Development. The two also partnered in 2013 on the sister building next door, Optima Chicago Center . The base of that apartment tower is similarly clad in black glass. "Our focus is on architecture and contributing to the built environment but doing it in a way that resonates with the broader community and our residents," Optima Senior Vice President Mark Segal said. "We didn't design in ...

High Line-hugging rental 507 West Chelsea debuts its model apartments

The three- building High Line - hugging rental development at 507 West 28th Street has now unveiled its model apartments as the first group of residents start moving into the building. Developed by Lalezarian Properties, the project comprises of a 35- story tower fronting on Tenth Avenue, and two 13- story towers fronting on West 28th and 29th Streets respectively. Together the buildings have a total of 379 apartments, 75 of which are affordable units. About 95 percent of the market-rate units at the project have already been leased, and of the ones currently on the market, prices range from $2,638 per month for a studio and go up to $8,292 per month for a two-bedroom apartment, according to StreetEasy. The model homes at the development were stage by The Design High, and some of the common features you might find at 507 West Chelsea ’s (as this project is known) rentals include kitchens with stainless steel backsplashes and Caesarstone quartz countertops ; and bathrooms with Ko...