By Erin Cahill.
Updated May 19, 2023
CHICAGO (PRWEB) May 19, 2023 - Lincoln Residential and Gilbane Building Company recently gathered to celebrate the topping-out milestone for a new high-rise residential development at 4600 N. Marine Drive in the Uptown neighborhood of Chicago. This achievement marks the completion of the poured-in-place concrete structure for the development.
We are pleased to see our shared vision take shape as we move closer to the completion of construction, said Joe Segobiano, Lincoln Property Company Senior Vice President. This brings us one step closer to welcoming our first residents later this year.
Upon completion, the 12-story building will incorporate approximately 300+ residential apartments consisting of studio, one-, and two-bedroom styles, affordable units, and an above-ground parking garage. The courtyard-style structure is planned to feature a grand lobby with a caf bar, bike room, clubroom, extensive remote workspaces, and a 12th-floor private dining room. It will feature local artwork throughout the community. The residential high-rise will provide unobstructed views of Lake Michigan, the Chicago skyline, and easy access to the lakefront trail.
Our project team and the skilled trades have put in significant hard work and effort to achieve the topping-out milestone, said Matt Thompson, Gilbane Building Company Operations Manager. We are proud to support Lincoln Property Company in this investment in the Uptown neighborhood.
About Lincoln Residential Founded in 1965 by Mack Pogue, Lincoln Residential is one of the United States most respected real estate firms, bringing more than 50 years of expertise and continued success to their multifamily portfolio. Focused on real estate investment, development, acquisition and property management, Lincoln Residential is the second largest multifamily operator in the country. Globally focused owner, operator, investor and developer of best-in-class real estate assets, Cadillac Fairview, is the majority owner of Lincoln Residential. Positioned for continued strategic growth, the company proudly employs over 4500 team members and is headquartered in Dallas, Texas. To learn more, visit lincolnapts.com.
About Gilbane Building Company Gilbane provides a full slate of construction and facilities-related services from preconstruction planning and integrated consulting capabilities to comprehensive construction management, general contracting, design-build, and facility management services for clients across various markets. Founded in 1870 and still a privately held, family-owned company, Gilbane has more than 45 office locations worldwide. Since 1978, Gilbane has delivered innovative construction solutions in Chicago for clients across multiple market sectors, including healthcare, higher education, K-12, and public sector, corporate and interiors, developer, residential, life sciences, and industrial.