Transwestern Tapped to Lease Chicago’s Mural Park
The two 100,000-square-foot loft buildings are being redeveloped into a mixed-use project that will include office, light manufacturing and retail space.
By IvyLee Rosario
Condor Partners tapped Transwestern to provide leasing services for Mural Park in Chicago’s Pilsen neighborhood. First occupancy of the buildings will be ready for the first quarter of 2018.
Located at 1901 and 1911 S. Sangamon St., the two 100,000-square-foot loft buildings are being redeveloped into a mixed-use project that will include office, light manufacturing and retail space. Transwestern Senior Vice Presidents Jeff Dowdell and Katie Steele and Associate William Briggs are leasing the project.
Mural’s Character
Mural Park will cater to existing Pilsen businesses, as well as local start-ups and nonprofits. The development is expected to draw tenants from other parts of the city, including those seeking proximity to the Illinois Medical District and University of Illinois at Chicago.
Tenants will have access to amenities such as a restaurant, café, rooftop deck with skyline views, bicycle storage and a dog-friendly environment. The development will also feature murals in its community plaza in conjunction with the local National Museum of Mexican Art and other local artists. The plaza, which will host local art installations and year-round gardens, will be a featured destination along Chicago’s new Paseo trail, a 4-mile bicycle and walking “rails-to-trails” corridor connecting University Village with Pilsen and Little Village.
“We are excited to develop a project that respects the cultural and economic diversification of Pilsen while simultaneously creating job opportunities and public spaces that enhance the neighborhood. Pilsen offers a tapestry of cultural opportunities and is already a great place to live, work and play,” said Michael McLean, a principal at Condor Partners, in prepared remarks. “It is quickly and easily accessible via public transportation and the Dan Ryan Expressway, and we are restoring two beautiful 100-year-old heavy timber buildings. Mural Park is the authentic home our city’s employers have been looking for.”
Image courtesy of Transwestern
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