The Saint Grand, a co-development and joint venture between Mavrek, Double Eagle Development, Luxury Living, and GW Properties, is proud to announce that Club Studio Fitness has signed a lease for 45,000 square feet spanning the 1st, 4th, and 5th floors of the building at 535 N St. Clair. The development has also achieved a significant milestone, reaching 95% occupancy in residential rentals within six months of obtaining its final certificate of occupancy. Furthermore, the ownership group is pleased to announce that the entire ground-floor retail space is fully leased.
“The development team is thrilled with the addition of Club Studio Fitness,” said Adam Friedberg, CEO of Mavrek. “This deal fulfills our vision when the project was conceived. Our development team executed and delivered a premier product, and I couldn’t be prouder.”
Nick Roberts, Chief Real Estate Officer for Fitness International commented: “With a long-standing presence in Chicagoland spanning three decades, Fitness International is proud to introduce our latest concept Club Studio Fitness, to Streeterville and its neighboring communities”.
“The signing of Club Studio for the entire 4th and 5th floors reflects the strength of The Saint Grand's offering,” said Anthony Hrusovsky, Chief Investment Officer at Mavrek. “We are thrilled to see the project reaching its full potential.”
Adam Pines and Matt Pistorio of Madison Rose represented Mavrek, while Robert Sevim andCullen Hurley of Savills, along with Ted Slaughter and John Kalamaras of Real Source, represented Club Studio Fitness in securing this flagship deal.
The Saint Grand’s ground-level retail tenants include a dynamic mix, including Wintrust Bank, Tropical Smoothie Café, and an exciting new food and beverage concept debuting in Chicago.
Bart Johnson, President of Wintrust Bank, N.A., stated “We are excited to be expanding the Wintrust footprint in Chicago’s vibrant Streeterville community and in The Saint Grand. This new branch location will help Wintrust better serve the neighborhood and our clients”.
Retail leasing efforts were led by Elan Rasansky and Anthony Campagni on behalf of the development team.
The Saint Grand’s residential rental offerings feature a variety of floorplans, including studios to two-bedroom + den layouts, emphasizing in-unit workspaces and private outdoor spaces tailored to post-pandemic renter preferences. A suite of community amenities includes a state-of-the-art fitness center, co-working spaces with ten private study/work rooms, upscale lounges, and a rooftop pool deck.
“Now that The Saint Grand is fully stabilized, we are committed to providing the best living experience for our residents,” said Aaron Galvin, Founder of Luxury Living. “With the addition of Club Studio Fitness, Wintrust, and Tropical Smoothie, we continue to build upon the foundation of a true mixed-use development in the heart of one of downtown Chicago’s most prestigious neighborhoods.”
The Saint Grand is a testament to collaboration among industry leaders, including NORR (architecture), Lendlease (construction), Harken Interiors (interior design), and Cushman & Wakefield, which oversees residential and commercial property management.
Learn more about the apartments at LiveSaintGrand.com.
