Mavrek teams up on residential adaptive reuse at 65 E. Wacker

Mavrek Development is partnering with ACRES Commercial Realty Corp to redevelop the existing historic building at 65 E. Wacker Place. Located near the Chicago Riverwalk, the building stands along E. Wacker Pl between N. Wabash Ave and N. Michigan Ave. 

The development team’s vision for the project includes a comprehensive renovation and modernization effort that will preserve the building’s heritage while introducing contemporary elements to meet the demands of today’s residential tenants. The redevelopment will feature a mix of floorplans ranging from studios to 2 bedrooms with an emphasis on in-unit workspaces.

“This collaboration with ACRES represents a unique opportunity to blend historical charm with modern amenities, creating a dynamic space that fosters creativity and collaboration,” said Anthony Hrusovsky, CIO of Mavrek.

The redevelopment plans for 65 E Wacker Place are being designed to cater to the needs of urban dwellers. The project will feature luxury residential units that offer unparalleled views of the city skyline and access to a host of amenities including a state-of-the-art coworking lounge, specialized fitness center and a rooftop deck with a mix of high-end amenities.

“Mavrek is dedicated to re-inventing urban spaces by breathing new life into buildings that contribute to Chicago’s livelihood,” added Adam Friedberg, CEO of Mavrek.