Optima Signature | |
Former Names: | Optima Chicago Center II |
Status: | Complete |
Address: | 220 E. Illinois St. |
Location: | Chicago, Illinois Google Maps Location |
Coordinates: | 41.8911°N -87.6217°W |
Map Type: | United States Chicago Near North Side#Illinois#USA |
Start Date: | 2014 |
Completion Date: | 2017 |
Floor Count: | 57 |
Unit Count: | 490 |
Building Type: | Residences |
Optima Signature (formerly Optima Chicago Center II) is a residential skyscraper in the Streeterville neighborhood of the Near North Side area in Chicago. The 57-story building is a joint venture between Optima Inc. and DeBartolo Development. It opened for occupancy in June 2017.[1] The building has 490 units.[2]
Originally named Optima Chicago Center II and planned as a 55-story companion to the neighboring 42-story Optima Chicago Center that had been completed in 2013, the structure was initially planned to potentially be a hotel-apartment hybrid.[3] By the time construction began in late 2014, the structure had a confirmed all-apartment 57-floor plan with 498 units.[4]
Construction was halted for a few months due to the planning process before resuming with $225 million in construction loans from Bank of America, PNC Bank and Fifth Third Bank in mid-2015. These final plans completed in 2015 revised the 57 floor structure to the eventual 490 units.[5]
The building is 57 stories high and includes 490 apartments, which are divided into two luxury classes.[1] The Tower residences on the lower floors comprise 351 studio one- and two-bedroom units, ranging from 571square feet to 1316square feet. The Apex residences on the upper 15 floors include 139 one-, two- and three-bedroom units, as well as penthouse apartments, ranging from 747square feet to 2583square feet.[1] The Apex units have "upgraded finishes and features" as well as private club access.[1]
The entire building has access to two floors of athletic and social facilities.[1] The building also has 58000square feet of commercial space.[1]