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New Developer Emerges for Residential Conversion in Downtown Chicago

Mavrek Forms Joint Venture With Lender To Create As Many as 255 Apartments
Mavrek Development plans to convert a 24-story office building at 65 E. Wacker Place in Chicago into as many as 255 apartments. (Robert Gigliotti/CoStar)
Mavrek Development plans to convert a 24-story office building at 65 E. Wacker Place in Chicago into as many as 255 apartments. (Robert Gigliotti/CoStar)
CoStar News
August 26, 2024 | 4:28 P.M.

A Chicago developer wants to convert a 24-story office building near the city’s Michigan Avenue commercial corridor into as many as 255 apartments after another firm’s similar plan fell apart earlier this year.

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