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The Saint Grand, Streeterville’s Newest Mixed-Use Development Fully Stabilized with 45,000 SF Lease to Club Studio Fitness

The Saint Grand, Streeterville’s Newest Mixed-Use Development Fully Stabilized with 45,000 SF Lease to Club Studio Fitness

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.

The Saint Grand, Streeterville’s Newest Mixed-Use Development, Achieves 75% Leased Milestone

The Saint Grand, Streeterville’s Newest Mixed-Use Development, Achieves 75% Leased Milestone

The Saint Grand, a co-development and joint venture between Mavrek, Double Eagle Development, Luxury Living, and GW Properties, announces seventy-five percent of its 248 Class A luxury apartments have been leased. The mixed-use development also includes 45,000 square feet of offices at 535 N. St Clair, and 8,000 square feet of street-level retail at the corner of Grand Avenue and N. St. Clair. The development team also celebrated the building’s grand opening in late July.
 
“Since welcoming initial residents in early April, we are thrilled to achieve the 75% leased milestone and look forward to stabilizing The Saint Grand in the coming months,” said Aaron Galvin, Founder of Luxury Living. “Residents are drawn to the floorplans, amenity offerings, and location, and we’re achieving rents higher than originally projected.”
 
The Saint Grand’s apartments feature a mix of floorplans ranging from studios to 2 Bedrooms + Dens, emphasizing in-unit workspaces and private outdoor space to accommodate 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. 
 
The Saint Grand's street-level retail will feature a state-of-the-art Starbucks on the corner of Grand and Saint Clair. Additional retailers will be announced in the coming months.
 
The Offices at The Saint Grand encompass 45,000 square feet of flagship Class A office space located at 535 N. St Clair. The two full floors of office space also include private outdoor space, modern ventilation systems, and other intentional post-pandemic health safety elements.
 
“Since finishing construction, interest in The Offices at The Saint Grand has been strong," commented Anthony Hrusovsky, Chief Investment Officer at Mavrek. “With Starbucks on the ground floor and the apartments nearly full, we have seen a wide variety of office users. We are confident this offering will be leased soon.” 
 
Double Eagle President Andrew Juiris added, “Our recent grand opening celebrated nearly two years of work and dedication from thousands of people from the development to construction teams.” 
 
Along with the development team, The Saint Grand is the result of collaboration among industry leaders NORR (architecture), Lendlease (construction), Harken Interiors (interior design), and Cushman and Wakefield, who is overseeing residential and commercial property management.
 
Learn more about the apartments at LiveSaintGrand.com.
 
Inquire about the Offices at The Saint Grand at WorkSaintGrand.com.
The Saint Grand Welcomes First Residents

The Saint Grand Welcomes First Residents

 
Mixed-Use Class A Multifamily/Office/Retail Development Receives Warm Welcome in Streeterville 
 
The Saint Grand, a co-development and joint venture between Mavrek Development, Double Eagle Development, Luxury Living, and GW Properties, began welcoming its first residents last month. The mixed-use development is located in the heart of Chicago’s Streeterville neighborhood. The Saint Grand includes 248 Class A luxury apartments at 218 E. Grand Ave, 45,000 square feet of offices at 535 N. St Clair, and 8,000 square feet of street-level retail at the corner of Grand Avenue and N. St. Clair.
 
“The Saint Grand’s apartments fuse vibrant Chicago living into sophisticated design, seamlessly integrated with the thriving Streeterville community,” said Aaron Galvin, Founder of Luxury Living. “After the first few weeks of leasing, we are thrilled by the initial traction.”
 
The Saint Grand’s apartments feature a mix of floorplans ranging from studios to 2 Bedrooms + Dens, emphasizing in-unit workspaces and private outdoor space to accommodate 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 scheduled to open in May. 
 
“The Saint Grand offers highly requested amenities, including in-unit workspaces to accommodate work-from-home and private outdoor space,” said Galvin. Using real-time rental trends to inform this property's architecture, design, and operations has been incredibly helpful. Initial feedback is proving our development thesis resonates with renters.”
 
In addition to the multifamily offering, the property includes The Offices at The Saint Grand, 45,000 square feet of flagship Class A office space located at 535 N. St Clair. The two full floors of office space also include private outdoor space, modern ventilation systems, and other intentional post-pandemic health safety elements. Office tenants will benefit from accessing and enjoying the apartment amenities.
 
"As one of the most active development groups in Chicago, we’re thrilled with the market’s reaction to The Saint Grand,” remarked Adam Friedberg, CEO at Mavrek. “In the coming weeks, we will be unveiling a lineup of exciting retail tenants poised to elevate the neighborhood's vibrancy and enrich the experiences of both residents and office tenants.”
 
Double Eagle President Andrew Juiris added, “The Saint Grand is already exceeding expectations. We couldn’t be happier with the level of luxury and quality the property offers residents, shoppers, and employers.”
 
Along with the development team, The Saint Grand is the result of collaboration among industry leaders NORR (architecture), Lendlease (construction), Harken Interiors (interior design), and Cushman and Wakefield, who will oversee residential and commercial property management.
 
Learn more about the apartments at LiveSaintGrand.com.
 
Inquire about the Offices at The Saint Grand at WorkSaintGrand.com.
Now Leasing in Lincolnwood, District 1860 Adds Luxury Apartment Offerings to Village

Now Leasing in Lincolnwood, District 1860 Adds Luxury Apartment Offerings to Village

Lincolnwood’s newest luxury apartment community is now leasing. District 1860, located at 7215 District Avenue, is a six-story mixed-use development, offering studio to three-bedroom apartments. Luxury Living – the exclusive leasing and marketing partner for District 1860 – recently revealed a first look at the development’s residential and amenity offerings with interior photos. Luxury Living was engaged by Tucker Development and AECOM-Canyon Partners, a joint venture between AECOM Capital and Canyon Partners.

 

“District 1860 represents an opportunity to create a unique & exciting community for its residents and visitors,” said Aaron Tucker, president & CIO at Tucker Development. “The community is the only project of its kind in the area, with an acre of outdoor amenity spaces for the residents and nearly a half-acre of a new public green space. We are proud to partner with AECOM-Canyon Partners to bring the site to life.”

 

Only a short commute from downtown Chicago, District 1860 offers desirable city-meets-suburbs amenities, combining living, dining, and shopping in the vibrant village of Lincolnwood. Residents will have restaurants and retail opportunities right outside their front doors, while they enjoy the beautiful tree-lined streets and community parks in the area. For restaurant offerings, the development already has signed leases with Davanti Enoteca, Fatpour, Fat Rosie’s, and Amazon Fresh Grocery.

 

As seen in the first-look interior photos revealed today, District 1860 offers sophisticated living with high-end finishes and fixtures. Residences feature expansive kitchen islands, custom window treatments, up to 9’6″ high ceilings, and private outdoor spaces. Each home also comes with a full-size in-unit washer and dryer and walk-in closets.

 

District 1860 offers an extensive array of amenities that cater to every need. Residents can spend time with friends by the pool, relax around a fire, walk their dog on the rooftop dog run, watch the game in the resident community room, or break a sweat in the fully equipped fitness center. Working from home has also never been easier with District 1860’s state-of-the-art Wi-Fi system that lets residents connect to Wi-Fi from anywhere in the building. 

 

“We’re excited to welcome the community’s first residents this month, and it’s our privilege to showcase all the development has to offer for live, work and play opportunities,” said Luxury Living CEO & Founder Aaron Galvin.

 

Move-ins are expected to start later this month. The 299-unit apartment building offers studios starting at $1,850, one-bedrooms starting at $2,150, two-bedrooms starting at $3,250 and three-bedroom units starting at $3,995. Lincolnwood has an exceptional school district, making District 1860 an ideal place to live for residents at all stages of life.

 

Developers Break Ground on Luxury Mixed-Use Project in Streeterville

Developers Break Ground on Luxury Mixed-Use Project in Streeterville

City officials joined developers yesterday at an official groundbreaking and rendering reveal for The Saint Grand, Streeterville’s newest mixed-use development. The project is a joint venture between Mavrek Development, GW Properties, Luxury Living, and Double Eagle Development. The 21-story property is being constructed at the corner of Grand Avenue and St Clair. Office tenant build outs are expected later this year, with residential deliveries in early 2024.

“Breaking ground is the next exciting step on a project we’re eager to bring to completion, not only for our joint team of developers, but for the area and its residents as well,” Managing Partner at Mavrek Development Adam Friedberg said. “The building has a direct focus on elevated wellness and is designed to highlight the elegance and sophistication of Streeterville, one of Chicago’s most vibrant communities."

At yesterday’s groundbreaking, attendees got a first look at the interior and exterior of The Saint Grand, which will include 248 luxury apartments, 45,000 square feet of office, and 7,500 square feet of street-level retail on the northeast corner, all within walking distance to Lake Michigan and the dining, shopping and entertainment offerings of Michigan Avenue.

“What we’re celebrating today is a symbol of Chicago’s recovery,” Chicago Deputy Mayor of Neighborhood and Economic Development Samir Mayekar said. “This will be the first multifamily property to deliver in Streeterville since the pandemic.The future is bright to invest in Chicago and to invest in this neighborhood.”

2nd Ward Alderman Brian Hopkins attended the event and shared remarks of support and encouragement for the development. 

“This is the last piece of the puzzle [in South Streeterville],” Hopkins said. “Future residents will have the opportunity to live in a beautiful, amenity-filled home with access to everything in the world from culture to restaurants, nightlife, entertainment, jobs, healthcare, all right here.” 

Residential offerings feature a mix of floorplans, from studios to two-bedrooms, with an emphasis on in-unit workspaces and private outdoor space to accommodate post-pandemic preferences. The Saint Grand also offers luxury amenities including an innovative package receiving service, a modern coworking lounge, fitness center and an outdoor pool and deck.  

“The Saint Grand is positioned for great success upon delivery,” CEO and Founder of Luxury Living Aaron Galvin said. With construction underway, designs confirmed, and continued momentum in the downtown Chicago apartment market, we look forward to welcoming new residents in early 2024. The Saint Grand will set a new standard for boutique living in Streeterville.”

In addition to its residential offering, The Saint Grand features two floors of rare, Class-A office space located at the top of the development, fully equipped to provide companies with a modern and integrated work environment, including the latest post-pandemic health and safety elements. In addition to the private outdoor space, office tenants will also enjoy all building amenities as an added benefit. The office will be ready for tenant build out in the third quarter of 2023.

For more information about the project, visit TheSaintGrand.com.

Luxury Living Celebrates 15 Years Of Real Estate Success

Luxury Living Celebrates 15 Years Of Real Estate Success

Over the last 15 years, Luxury Living has grown in expertise. Specialties include residential leasing and sales, multifamily thought leadership, and award-winning apartment marketing for Class A Chicagoland apartments. This month, the company celebrates 15 years of success, reflects on past accomplishments, and looks toward the future. 
 
“Luxury Living has grown and evolved in so many ways since launching in 2007,” said Aaron Galvin, Founder and CEO at Luxury Living. “With this evolution, it felt like time to refresh our branding to reflect the company we are today and where we are headed. In becoming a nationally recognized vertically integrated real estate company, we have removed the words Chicago and Realty from the name. Today and looking ahead, we are Luxury Living, with an emphasis on Living.”
 
Company Growth
Founded by CEO Aaron Galvin and Chief Culture Officer Amy Galvin, Luxury Living started from humble beginnings in a River North apartment. Today, the company remains headquartered in the River North neighborhood of Chicago and has a team of over 60. The people of Luxury Living include a mix of operations, accounting, marketing, brokers, and leasing professionals supporting the firm's exclusive marketing and leasing assignments and Chicagoland renters and homebuyers.  
 
The company’s continued year-over-year growth and expertise continue to earn accolades across the real estate and business community. Inc. 5000 and the Financial Times have named Luxury Living one of the fastest-growing companies in North America for the past five years. The company made GlobeSt.com’s 2022 list of Multifamily Influencers, and CEO Aaron Galvin was also honored as Executive of the Year at the 2022 Illinois Real Estate Journal Awards. Year after year, the marketing team has won numerous awards for apartment marketing, content marketing, lead generation, COVID response, and more. 
 
Investment In Culture
“Over the last few years, we’ve been focused on creating an empowering and inclusive culture. We're seeing the benefits of these initiatives with minimal turnover during a period of significant growth,” said Amy Galvin. “We’re proud that over 20% of our team members have been with the company for five or more years, and we believe culture will be key to our future success. This is why we’ve implemented multiple new “human first” initiatives to curtail burnout, celebrate our people, and enhance employee retention.”
 
This year, Luxury Living set a company goal of 500+ hours of company-sponsored learning and development opportunities, including wellness initiatives like Nivati, which provides access to 1:1 coaching, therapy, nutrition, and fitness. The company also committed to the team’s professional development growth, which has already resulted in several promotions throughout the year. Luxury Living also has an industry-leading paid time off policy including extended paid family leave, time off for life disruptions, mental health days and birthdays. Benefit offerings include best-in-class health and life insurance and a company contribution towards retirement. 
 
Learn more about joining the Luxury Living team at www.LuxuryChicagoApartments.com/join-our-team/.  
 
Market Expertise
Luxury Living is Chicago’s most experienced development leasing company, securing over $5 billion in capitalized value for owners while leasing nearly 35% of all new apartments in downtown Chicago. The company has leased over 20,000 apartments and sold 200 condos across 50 exclusive leasing and sales assignments. Lincoln Common, Wolf Point East, Wolf Point West, One Oak Brook Commons, and Logan Apartments are some of the company’s most prominent exclusive marketing and leasing engagements. The company is also consulting on 15 new luxury developments set to deliver starting in 2024. 
 
With the power of the brokerage team and marketing strategy coupled with the process and efficiency of our exclusive development leasing platform, Luxury Living has become the go-to brokerage for the top multifamily developers and capital partners in Chicago. The company is known for achieving record-setting rents while optimizing revenue. Developers and investors seek out Luxury Living for its leasing, pricing and renewal strategies paired with award-winning apartment marketing. Using their expertise, the company is also a general partner on its first multifamily development, a new chapter for the firm.
 
Looking Ahead
In April 2022, Luxury Living entered the development arena. Partnering with Mavrek Development, GW Properties, and Double Eagle Development, the firms are co-developing The Saint Grand, a mixed-use project at 218 E. Grand in Chicago. The development will feature 248 residential apartments, 8,000 square feet of ground-floor retail space, and 41,000 square feet of office space. Residential units are anticipated to deliver in early 2024.
 
“Developing is a natural next step in the progression of Luxury Living,” said Galvin. “As a developer, we can use the rental trends we see in the market to inform the architecture, design, and operations of a property. We look forward to expanding this line of our business over the coming years.”