Corner Condos Replacing Corner Offices As Status Symbol

Back in the day, moving up to the corner office was a sure sign you’d made it. Offering greater room, abundant natural light from two walls of windows and dual perspectives on streetscapes below, a corner office was a coveted badge of success. But with more folks working from home, the corner office’s cache may be shifting to corner condominiums and apartments.

Optima Signature

Streeterville provides a dynamic backdrop for the luxury tower Optima Signature, situated steps from the city’s “Magnificent Mile” of Michigan Avenue. With an eye to creating dramatic views, the developer, Optima, expressly designed the building’s corner units with the intention of creating column-free perspectives.

The post-tensioned concrete structure incorporates a two-way cantilevered slab. The column was placed between the kitchen and living area rather than in the traditional corner, to ensure the layouts of residences delivered unobstructed, eye-popping views from the living room’s floor-to-ceiling windows.

Read the full feature on Forbes

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Pickleball Takes Its Place as the Must-Have Luxury Amenity

Making Use of Existing Tennis and Basketball Courts

Before installing dedicated courts, luxury developers can try out pickleball at their facilities for a negligible price. They can add lines to existing tennis and basketball courts and roll out temporary nets.

The Abaco Club gauged residents’ interest in the game by adding stripes to its tennis court before committing to the smaller-sized courts. The residential developer Optima Inc., which owns properties in Scottsdale, Arizona and Chicago, did the same by painting stripes on indoor basketball courts.

“The requirements are similar to those of an indoor basketball court, so it’s been an easy addition. The most important thing to consider in planning a pickleball court is space and creating the striping overlay on the existing court in a way that’s cohesive,” said David Hovey Jr., AIA, president, COO and principal architect of Optima, Inc.

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To meet demand, they’ve planned an outdoor pickleball stadium at their forthcoming luxury apartment tower, 7190 Optima Kierland. The 216-unit tower is slated to open in 2023 in Scottsdale. “We’re excited to build resident programming around this newest feature, possibly hosting a tournament,” Mr. Hovey said.

 

Read the full article on Mansion Global

Pop-Up Schools? Chicago Residential High-Rise Opens Business Suites to E-Learning

Streeterville’s Optima Signature Leases Space as Solution for Parents Working From Home

Necessity is the mother of innovation, and in this case, it’s finding a place to settle kids into remote school learning during the coronavirus pandemic when there’s not enough room at home.

Optima Signature found a way to lease unused space and solve the problem at the same time: turn business suites in the 57-story, multifamily Streeterville complex in Chicago into e-learning labs.

It creates a reprieve for dual-working parents with children at a time when the Chicago Public School system, among others, said all learning this fall will be done online. “It’s a place at home away from home,” said Ali Burnham, Optima’s marketing director at the 490-unit high-end tower.

Built in 2017 by Optima, based in suburban Glencoe, Illinois, the building at 220 E. Illinois St. stands out with its multistory, bright-red, glass exterior right above its base against a cluster of blue-glass buildings and concrete parking structures.

Besides the luxury one-, two- and three-bedroom apartments in the mixed-use tower, it also is home to Guidepost Montessori at Magnificent Mile, the Streeterville outpost for toddlers to elementary-aged children with a Spanish immersion program.

The suites, which can be used for young elementary school-aged children as well as those in middle and high school, are pretty much already suited for e-learning with five to seven workstations, a minifridge, built-in cabinetry and outdoor space. And, of course, they’re cleaned professionally on a regular basis.

They all come with Wi-Fi and have access to the site’s 1.5 acres of amenities that include plenty of outdoor lounges, a basketball court, a pool and lots of running and playground space, Burnham said. What’s more, they’re open to nonresidents too.

“The workstations are perfectly set up already for middle school or high school students,” she said. “They just have to bring their things.” For younger children, there’s a 500-square-foot suite that includes a lot of open space that can be used for workstations, art projects, reading hubs and music.

Read the full feature at Costar

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A Myriad of Home Trends to Gain Momentum in 2021

When it comes to the home and design trends experts anticipate prevailing in the year ahead, the overarching theme will be options in abundance.

While homeowners continue to want their outdoor spaces that offer a safe retreat, that appeal has shifted into other parts of the home, coupling comfort with function. In other words, homeowners want amenities for work and leisure, and they plan to enjoy long them long after the pandemic.

Here are 10 trends to watch in 2021.

7. What it is: Grander staircases

Why now: Entryways into a house became the star a few years ago with the rise of mudrooms for organizing backpacks, jackets, and boots in cubbies—maybe even including a place to bathe Fido. The spotlight has now shifted to playing up the main staircase’s size, shape, and detailing to add “wow” to a first impression. This may include replacing the treads, risers, and handrails, and possibly adding a runner.

“Staircases are, by their nature, incredibly sculptural, so they are the perfect architectural feature that can be exploited in a variety of ways,” says architect Bob Zuber with Chicago-based Morgante Wilson Architects. “They can be overly grand, stripped down to the bare essentials, modern, or super traditional, warm, and cozy, or industrial and techy.”

The trend is gaining speed in multifamily buildings, too. One Bennett Park, a luxury residence in Chicago developed by Related Midwest and designed by Robert A.M. Stern Architects, has an Art Deco staircase that winds between two amenity floors with an ornamental brass railing and steps made of two contrasting, polished marbles. At the Optima Signature Chicago building, architect David Hovey Sr. gave a staircase vivid pops of yellow and orange.

Read the full feature on Realtor Magazine

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Optima’s Spring Carnival highlights family-centric city living

High mortgage rates and scarce housing inventory are posing a critical question: “Where are all the apartments for families in American cities?” Many parents, strained by these pressures, are considering moving to quieter suburban environs. In response, luxury rental apartments, like Optima Signature in Chicago, are innovatively adapting to fulfill the demand for family-friendly city living.

This rising demand has spurred Optima Signature, a luxury high-rise in Streeterville, Chicago, to create a unique urban haven for families. On Sunday, May 21, they will host their first-ever Spring Carnival, transforming their 7th-floor basketball court and terrace into a lively event open to residents and potential renters alike. The occasion promises many attractions, from carnival performers to a cotton candy-strewn snack bar.

The building’s family-centric amenities and regular events extend beyond this one-time affair. Holiday celebrations, indoor and outdoor pools, a bocce ball court, designated children’s play spaces, and a Montessori School on the first-floor form the lifeblood of a close-knit community atmosphere.

Optima’s management team acknowledges the growing popularity of such amenities, indicating a clear shift towards accommodating family needs in the city’s rental market. This focus could help deter suburban migration by providing a desirable, communal city living experience.

The intriguing narrative of family-friendly urban rental housing is far from over. Optima Signature’s approach might catalyze a significant shift, promising more than a home for families – it’s offering a community.

The Spring Carnival will take place from 1 – 3 p.m. on Sunday, May 21, at Optima Signature, 220 E Illinois St, Chicago. Free parking validation is available at the nearby CityFront public parking garage.

Read more on Chicago Star Media

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Optima sees strong demand for shared workspace in Streeterville neighborhood

The well-publicized troubles of WeWork have not put a damper on coworking in Chicago. Amid signs the sector will continue growing over the next few years, Optima officials said Wednesday that the company leased all 22 furnished office suites at its Optima Signature tower in Streeterville.

The 57-story, 490-unit apartment building at 220 East Illinois St. opened in June 2017. Early last year, Optima debuted the office suites, which are open to both residents and nonresidents, and range in size from 194 SF to more than 1K SF.

“The fact that the office suites at Optima Signature leased in under a year shows our shared office experience resonated with the growing number of professionals who work remotely in this area,” Optima CEO David Hovey said. Hovey said the suites are a great amenity for residents, allowing them to have a true office environment within their own building, and nonresidents can work just steps from Michigan Avenue, as well as access the Signature tower’s amenities. Rents range from $1K to $2,800 per month.

Read the full feature at Chicago Business Journal

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Optima, Inc. expands property management and leasing portfolio with three Chicago-area luxury rental communities

Optima, Inc. announced that it will lead property management and leasing services at three Chicagoland Class A rental buildings—its 490-unit Optima Signature mixed-use development in Chicago’s Streeterville neighborhood, the under-construction 198-unit Optima Lakeview in Chicago’s Lakeview neighborhood and its upcoming 109-unit building in downtown Wilmette, Illinois, along Chicago’s North Shore.

While Optima has served as the owner, architect, developer and general contractor for its properties in Chicago and Arizona for more than 40 years, the firm primarily focused its property management services at its Scottsdale, Arizona rental communities, including the two-tower, 363-unit Optima Kierland Apartments and the five-building, 768-unit Optima Sonoran Village.

“As we expand our portfolio in the Chicago area with two new luxury apartments in development, it is a natural progression to bring management in-house, enabling us to provide the same level of exceptional service we’ve perfected at our Arizona communities,” said David Hovey Jr., AIA, president and COO of Optima, Inc. “Optima Signature residents will quickly recognize our commitment to the resident experience, because as the designer, builder, and property manager, we are able to create a truly holistic experience, tailored to their preferences.”

To kick off its property management services at Optima Signature this month, Optima has unveiled a full roster of resident services and virtual event programming such as housekeeping, pet care, car care, virtual fitness classes and room service and barista service through Pear Chef.

Open since 2017 and just steps from Michigan Avenue and the Riverwalk, Optima Signature is a 57-story luxury rental development at 220 E. Illinois St. with 490 studio, convertible, one-, two- and three-bedroom units with 1.5 acres of amenity space.

Optima Signature’s first-class amenities include resort-style indoor and outdoor heated swimming pools; cabanas and bars; a cutting-edge fitness center with saunas, steam rooms and WELLBEATS virtual workout studio; resident lounge with coffee bar; basketball, squash and bocce ball courts; and golf simulator and putting green. On a separate floor, residents can access cardio and strength-training equipment, a yoga studio, locker rooms with both steam and shower and indoor children’s play area.

Outdoor amenities feature multiple terraces with 16 fire pits, new heat lamps to enable more outdoor time during the cold weather months, a 40-yard running track, dog park, children’s play area, whirlpool spa, cabanas, lounge seating, televisions, co-ed sauna and steam rooms, a kitchen, grilling stations and dining areas.

Scheduled to open in spring 2022 at 3460 N. Broadway, Optima Lakeview is a seven-story transit-oriented development (TOD) of 198 one-, two- and three-bedroom units with 14,000 square feet of street-level retail in Chicago’s Lakeview neighborhood within walking distance of Lake Michigan and Wrigley Field.

Optima Lakeview’s 40,000-square-feet of amenities will be spread across the building and include a rooftop sky deck with pool, spa, terrace and party room; a striking glass-enclosed atrium; indoor basketball court; golf simulator and putting green; fitness center with state-of-the-art equipment; yoga/stretching room; sports lounge; dog park and pet spa; children’s play area; game room; demonstration kitchen; two conference rooms; and a business center. Residents can use the 94 fully enclosed parking spaces at grade level and storage for 208 bicycles.

Construction is set to start later this year on a new development of 109 luxury one-, two- and three-bedroom apartments and 8,000 square feet of street-level retail at 1210 Central Avenue in downtown Wilmette. The location across the street from the Metra commuter train station at Green Bay Road will be ideal for North Shore commuters. Amenities will include a rooftop sky deck and pool, residential courtyard and a suite of additional amenities. The building will also have 173 parking spaces, including some electric vehicle charging stations.

The Wilmette development will showcase Optima’s innovative vertical landscaping system—well known at its Arizona communities—with hand-selected plants that will stay green year-round, even during the most extreme weather conditions. First move-ins are planned for 2023.

Learn more at Optima Signature

Read the full feature on RE Journals

Reform Studios’ Pilates studio to open at Chicago’s Optima Signature apartment tower

Integrated real estate firm Optima, Inc. announced that Reform Studios, a Pilates studio, will open at Optima Signature, a 57-story luxury apartment tower comprising 490 apartments and 58,000 square feet of commercial space in Chicago’s Streeterville neighborhood.

Offering both live and self-guided Pilates classes, Reform Studios will open June 22, in a 4,000-square-foot ground-floor retail space. It joins Optima Signature’s roster of current commercial tenants, such as Guidepost Montessori School, Egg Harbor Café, Bedazzled and GoodVets Streeterville.

Founded by local Streeterville resident Jennifer Villamil, Reform Studios is the only studio in the Chicagoland area to offer Reform RX machines, the world’s first commercial-grade smart Pilates reformer. Equipped with high-definition touchscreen displays uploaded with an ever-growing library of on-demand classes, the machines can precisely track users’ movements and present real-time data on calories burned, heart rate and power output as well as post-session workout summaries.

The newly remodeled retail space at 228 E. Illinois St. features a custom Streeterville-inspired wall mural created by Chicago-based artist Eric Harold and pays homage to Chicago by only selling local athleisure brands such as Fox & Robin and Public Rec. Furthering its community-focused mission, Reform Studios will work with Streeterville Organization of Active Residents (SOAR) to invest 1% of revenue back into the neighborhood.

Designed, developed and managed in-house by Optima, Inc., Optima Signature was completed in 2017. The LEED Silver® Certified luxury rental community features 1.5 acres of amenity space, including resort-style indoor and outdoor heated swimming pools, a cutting-edge fitness center with a sauna and steam rooms, resident lounge with coffee bar, basketball, squash and bocce ball courts, golf simulator and putting green, dog park and children’s play area.

 

Read the full feature at RE Journals

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Optima Leases Up Signature Tower Suites As Coworking Continues Its Rise

The well-publicized troubles of WeWork have not put a damper on coworking in Chicago. Amid signs the sector will continue growing over the next few years, Optima officials said Wednesday that the company leased all 22 furnished office suites at its Optima Signature tower in Streeterville.

The 57-story, 490-unit apartment building at 220 East Illinois St. opened in June 2017. Early last year, Optima debuted the office suites, which are open to both residents and nonresidents, and range in size from 194 SF to more than 1K SF.

“The fact that the office suites at Optima Signature leased in under a year shows our shared office experience resonated with the growing number of professionals who work remotely in this area,” Optima CEO David Hovey said. Hovey said the suites are a great amenity for residents, allowing them to have a true office environment within their own building, and nonresidents can work just steps from Michigan Avenue, as well as access the Signature tower’s amenities. Rents range from $1K to $2,800 per month.

Read the full feature on Bisnow

Visit Optima Signature for more details

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