Sterling Bay To Add 136 Luxury Apartments Adjacent to the New Lincoln Yards Neighborhood

Posted by Leo Clark. on Friday, October 15th, 2021 at 5:53pm.

Residential Development Near Lincoln YardsChicago’s new Lincoln Yards neighborhood aims to be the city’s newest high-profile mega development, promising an impressive collection of parks, green spaces, office towers, and residential high-rises once finished. And although the project is still just in its earliest stages, surrounding development is already well underway. 

According to a recent report from Crain’s, a team of developers has already converted an old industrial building next to the Lincoln Yard site into apartments, and this same group also just ponied up another $15 million for the former headquarters of Anixter Center just down the street at 2032 N. Clybourn.  

The investments are a big bet on Lincoln Yards coming to fruition, which if completed, will ultimately transform the 55 acre site into state-of-the-art offices, apartments, retail space, and a range of outdoor recreational spaces. 

As for the old Anixter Center building, the plan, at least for now, is to convert it into 136 apartments, as well as leave some space for commercial use, or possibly a food hall. 

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