LEASES
Optima launched pre-leasing for its 198-unit Optima Lakeview rental apartment building, a transit-oriented development that includes 14K SF of street-level retail at 3478 North Broadway St., just blocks from Wrigley Field in Chicago’s Lakeview neighborhood. First move-ins are scheduled for April. Designed by Optima’s David Hovey Sr. and built by Optima’s in-house construction team, Optima Lakeview offers one-, two- and three-bedroom floor plans. It also features 40K SF of amenities across the building, including a sky deck.
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When done right, urban infill residential developments provide buyers and renters an enviable mix. By virtue of their recency, these buildings deliver luxuries and amenities older buildings can’t deliver.
Yet the neighborhoods in which they’re built are frequently historic, walkable enclaves boasting an authentic ambience today’s urbanites crave. The result is the best of both worlds for the residents who ultimately opt to lease there. That these infill developments often replace community eyesores and also contribute to the density that imbues urban neighborhoods with character provides an extra dividend.
It’d be difficult to imagine many more fitting neighborhoods for infill development than Chicago’s Lakeview bailiwick, wedged between Lincoln Park to the south and Wrigleyville to the north along Lake Michigan’s shores. With its proximity to the lake, Lincoln Park, public transportation and both ball games and concerts at Wrigley Field, it’s an area that could entice many more residents if sufficient housing existed.
The idea of returning the site of a shuttered Treasure Island supermarket on Broadway in Lakeview to a community asset appealed to design-driven real estate development firm Optima, Inc., which developed Optima Lakeview on the site. The 198-unit building, which incorporates 14,000 square feet of street-level retail, features a seven-story atrium with vertical landscaping, rooftop skydeck with the area’s only year-round rooftop pool and a 2,000 square-foot heated dog park.
“Lakeview residents have cited the development’s design, amenities, location and resident programming as key factors, allowing them to maintain their active lifestyles in a neighborhood they love,” says David Hovey, Jr., AIA, president, chief operating officer and principal architect at Optima.
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