Status Update: AMLI River North
AMLI’s new residential tower is muscling its way into the Chicago skyline. Even though River North is a typically crowded portion of downtown Chicago, the placement of this building, with little skyscraper competition, is giving it a prominent presence in the area. And presumably, that translates into epic views of the city for its residents.
AMLI River North (71 East Hubbard Street) will eventually rise to 50-stories and be among the latest downtown Chicago buildings to include three-bedroom apartments. This is a growing segment of the downtown housing stock as more extended families from overseas move into the area. It is becoming more common for students and professionals from places like India and China who live downtown to also bring their parents and siblings with them to live in America, so three-bedroom apartments can command a premium price.
It is scheduled to open in July of this year. And even though it bears the name “AMLI River North,” this building is not in the River North Neighborhood. It is in the Near North neighborhood. River North starts across North Clark Street.