566 West Van Buren
566 West Van Buren is a 12-story, 199-unit luxury apartment development in Chicago's West Loop Gate neighborhood, steps from Union Station, the Old Post Office, and the Chicago River.
Official Website566 West Van Buren Street, Chicago. 12 floors and 199 residences. Targeting Early 2027. Financed with $65M in April 2026.
Developed by Riverside Investment & Development in partnership with Blue Star Properties, Atlantic Residential, and Metropolis Investment Holdings, the residential mid-rise is designed by Antunovich Associates with Clark Construction as general contractor. The unit mix spans studios, one-bedroom, and two-bedroom apartments above an enclosed ground-floor parking garage, topped by a rooftop amenity deck with a pool, grilling and lounge areas, and a club room. Additional amenities include a fitness center, coworking space, private club room, and secure bike room, positioning the building as a transit-oriented rental in one of Chicago's most active West Loop submarkets. Financing includes a HUD 221(d)(4) construction loan originated by Draper and Kramer.
Topped out at 12 stories in the week before Sept 8, 2026, with the first curtainwall glass installed on the second floor.
chicagoyimby.comConcrete frame reached the sixth floor of 12, with stair and elevator cores about eight stories high (Chicago YIMBY, Aug 4, 2026).
chicagoyimby.comGroundbreaking Jun 16, 2026 (Urbanize); caissons done, crane erected, going vertical. Floors confirmed 12 (reduced from 14), 199 units. US.
chicago.urbanize.cityHUD 221(d)(4) construction loan, $64M, originated by Draper and Kramer; converts to 40-year permanent at stabilization. Investment capital from Richmond Capital.
therealdeal.comThe outlook for 566 West Van Buren
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Companies and contacts
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Frequently asked
Where is 566 West Van Buren located?
566 West Van Buren is located in Chicago.
When will 566 West Van Buren open?
566 West Van Buren is opening soon, with completion expected in Early 2027 (a TMW estimate).
Who is developing 566 West Van Buren?
Riverside Investment & Development is the developer behind 566 West Van Buren.
Who designed 566 West Van Buren?
566 West Van Buren was designed by Antunovich Associates.
How big is 566 West Van Buren?
566 West Van Buren rises 12 stories with 199 residences.