On behalf of developer VISTA Property, Skender has completed construction on “The Leo,” a 21-story, 201,000-square-foot mixed-use multifamily tower located at 741 N. Wells Street in River North.
The new boutique luxury rental building, designed by Antunovich Associates, has 168 open-concept apartment units – including 50 studios, 101 one-bedrooms and 17 two-bedrooms– and 3,877 square feet of ground-floor retail space. Construction officially kicked off in August of 2022.
“River North is experiencing remarkable growth and we are witnessing an increasing demand for spaces that blend living, working, and recreational opportunities within the vibrant core of downtown Chicago,” said Ark Latt, Chief Development Officer at VISTA Property. “With The Leo, this team has introduced the newest luxury apartment tower that not only meets the sophisticated needs of its residents but also significantly contributes to the fabric of a strong and thriving community.”
The Leo’s apartments have luxury features, including floor-to-ceiling windows with sweeping downtown views, state-of-the-art kitchen appliances, in-unit laundry, private balconies, and expansive nine-foot ceilings. Property amenities include an in-gym yoga studio, an outdoor pool with lounge area, a rooftop deck complete with a fire pit and grills, a kitchen café and a group fitness terrace. Residents also have access to a private meeting and events room, an elegant lobby entrance, a dog run and spa, EV charging stations, dedicated parking and a bike room.
“The Leo represents the phenomenal outcome of high-performing teamwork,” said Alex Panici, Vice President at Skender. “This was a truly collaborative effort and we were thrilled to be part of the team that brought this vision to life.”
The project team consisted of: VISTA Property (developer), Skender (general contractor), AntunovichAssociates (architects) and Luxury Living Chicago Realty (marketing/sales). The development was financed with a first mortgage loan from Huntington Bank.
About VISTA Property
VISTA Property is a family-owned international private real estate investment firm with a diversified portfolio of commercial, retail, and multifamily investments in urban centers. Core holdings are located in Chicago, New York City, North Carolina, Florida, London with an added focus on expanding into other exciting urban markets. For more information, visit VISTAprop.com.
About Antunovich Associates
Antunovich Associates is an architectural, planning and interior design firm with offices located in Chicago, Washington, D.C., Los Angeles, Austin, and Buffalo. Founded in 1990 by Joseph M. Antunovich, FAIA, and employing in excess of 100 design professionals to support projects nationwide, Antunovich Associates is deeply rooted in the belief that creating exceptional buildings is a collaborative process between the client, the builder, and the architect. For more information, visit antunovich.com.
About Skender
Skender is a full-service building contractor and one of the nation’s top 100 construction firms, according to Building Design & Construction. We combine Lean process with high-performing teams to deliver unmatched results and maximum value. Headquartered in Chicago with an office in Indianapolis, Skender serves its clients in the Midwest and across the country. For more information, visit skender.com.
About Luxury Living Chicago Realty
Founded in 2007, Luxury Living Chicago Realty has unparalleled experience marketing and leasing luxury multifamily properties in Chicago. Our team provides best-in-class customer service with a seamless showing and leasing process. With our extensive knowledge of the Chicago real estate market, our leasing professionals provide invaluable insight. We are able to understand the renter’s needs and priorities and are happy and fulfilled in helping to find the perfect new home. Our passion is to empower people to live their best life. To learn more about Luxury Living Chicago Realty, visit luxurylivingchicago.com.