Citypads Chicago news

18 Nov 2019

The Loop’s Clark Adams Building to become Chicago’s largest coliving project

The 1927 building is poised for a massive residential makeover A 92-year-old Loop office building will become Chicago’s largest coliving project yet. Local developer CityPads is planning to purchase the upper floors of the 41-story Clark Adams Building and invest $80 million to create shared apartments with 505 beds plus 159 traditional apartments with a …

Read more
04 Dec 2018

Opportunity Zones

The federal Opportunity Zones program was not designed to help people like Phil Denny. Peppercorn Capital founder Phil Denny But the first time Denny saw the state-issued map of the zones, which crack open a collection of tax breaks for investors who buy property in distressed areas, the prolific West Loop property owner immediately started …

Read more
30 Oct 2018

Co-living heads to Pilsen: Shared apartments ready to rise at 15th and Loomis

The increasingly popular trend of co-living—where individuals can rent single bedrooms with shared kitchens and other amenities—is headed to the northern edge of Chicago’s Pilsen neighborhood in the form of a new four-story development. Slated to rise at the southwest corner of Loomis and 15th Street, across from Addams Park and close to University Village, the …

Read more