CHICAGO—A development team which includes Avison Young, Peak Campus Development and financial partner Blue Vista Capital Management has started construction on Vue53 – a mixed-use project that will serve the Hyde Park and Kenwood neighborhoods in Chicago. The team was chosen by the University of Chicago to develop, finance and manage the project.
“Our team is very excited to be breaking ground on this outstanding project, and we're very thankful for the community's positive support and feedback,” says Avison Young principal James Hanson.
Vue53 is located near the intersection of 53rd St. and Kenwood Ave., directly north of Nichols Park, and will comprise 28,000 square feet of ground-level retail, 267 apartment units and 225 parking spaces.
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