With a West Loop location and an abundance of amenities, the new luxury rental Arkadia Tower is staking its claim in the Chicago skyline.
Soaring to 33 stories, the 350-unit Arkadia Tower offers 360-degree views and a host of luxury amenities, including a pool, locker room, gym, and in-building convenience store.
The West Loop is one of Chicago’s hottest residential neighborhoods these days, but when it comes to grand luxury rentals, Greektown hasn’t seen much of the action. Surprising, since this section of the neighborhood is arguably the most convenient, with its prime location adjacent to I-90/94 and Randolph Street’s Restaurant Row, a shorter walk to the Loop for downtown commuters, and resources like a Whole Foods Market, Mariano’s, and Walgreens—not to mention the city’s top Greek restaurants and bakeries—all within walking distance.
Arkadia Tower takes advantage of the setting, says Richard Blum, managing principal of the developer White Oak Realty Partners, noting the site was one of very few remaining east of Halsted Street that allowed for high-rise developments of Arkadia’s type. Buildings west of Halsted must not exceed 11 stories, while Arkadia Tower’s location across the street means it can soar 33 stories, with 350 units and “unmatched 360-degree views” from each floor, according to Blum. “We didn’t necessarily go for ‘trendy,’” he adds. “We went for solid and sustainable—and long-term success.”
The sixth-floor lounge and game room.
Luxury rental amenities are nothing new in Chicago—several other city properties (primarily in River North and the Gold Coast) offer the requisite pool and fitness center as well as party rooms and conveniences like Pressbox, a dry-cleaning service that picks up residents’ laundry in lockers—but Arkadia Tower goes much further. A tricked-out midlevel floor boasts a pool, a locker room, a gym, towel service, an expansive party room with a kitchen, a technology lounge, a “beverage room” with complimentary Starbucks coffee, and an inbuilding convenience store where tenants can pay by key fob. There’s also an outdoor dog run on the ground floor.
Along with its sleek, soaring glass-and-steel design, Arkadia also manages to incorporate the neighborhood’s Hellenic heritage, including Acropolis imagery and Greek runners rendered in etchings and metal artwork on the garage exterior.
A penthouse unit kitchen, equipped with white quartz countertops and Frigidaire stainless-steel appliances, also features floor-to-ceiling windows and custom wide-plank flooring.
“We worked very hard with our architect, FitzGerald Associates Architects, and Greektown to create a beautiful yet modern structure that would fit within the context of the neighborhood,” Blum says. “We didn’t want to alienate the community; we wanted something the restaurants and neighbors would be proud of. Yet with our high visibility from the expressway and pretty much the entire city, we also tried to create a building that was visually dynamic, creative, and modern.”
From grad students at the University of Illinois at Chicago and young professionals to 35- to 50-year-olds looking for a new or second home, Arkadia’s demographic is further proof that the West Loop has staying power as a destination neighborhood for living well. And while Blum recognizes that just a few things differentiate Arkadia Tower from the city’s other luxury rentals, they’re serious factors—like lower rents, less traffc in the neighborhood, and a convenient location. “Our goal was to provide a luxury building with an unmatched amenity program,” Blum says—and with Arkadia Tower, they’ve done it. 765 W. Adams St., 312-454-5001