POTENTIAL WIN: Zoning Approved for Adaptive Reuse of Millinery Mart Building at 65 E. Wacker for Residential

65 E. Wacker / Millinery Mart Building, 1928, Rissman & Hirschfield, 65 East Wacker Place. Photo credit: Chicago DPD

“The Committee on Zoning has approved the redevelopment of the existing historic building at 65 E. Wacker into apartments. Planned by Mavrek Development and ACRES Commercial Realty Corp, the building stands at the intersection of E. Wacker Pl and N. Garland Ct near the Chicago Riverwalk.

“With Pappageorge Haymes Partners serving as the architect, the redevelopment will include a comprehensive renovation and modernization effort that will preserve the building’s heritage while introducing contemporary elements to meet the demands of today’s residential tenants.

“The project will feature luxury residential units that offer unparalleled views of the city skyline and access to a host of amenities including a state-of-the-art coworking lounge, specialized fitness center and a rooftop deck with a mix of high-end amenities. Morton’s Steakhouse will remain as the commercial tenant on the first two floors.

“‘This collaboration with ACRES represents a unique opportunity to blend historical charm with modern amenities, creating a dynamic space that fosters creativity and collaboration,’ said Anthony Hrusovsky, CIO of Mavrek.

“‘Mavrek is dedicated to re-inventing urban spaces by breathing new life into buildings that contribute to Chicago’s livelihood,’ added Adam Friedberg, CEO of Mavrek.

“With the zoning application filed, the developers are looking to rezone the property from DX-16 to a Planned Development. Approvals will be needed from the Chicago Plan Commission, Committee on Zoning, and City Council.” (Kugler, Urbanize Chicago, 12/11/24)

Read the full story at Urbanize Chicago

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