Hyde Park Tower Apartments
Like much of Chicago, the city’s historic Hyde Park area is enjoying a renaissance these days. And it’s not surprising. Home to the University of Chicago, Frank Lloyd Wright’s iconic Robie House, and the world-renowned Museum of Science and Industry, the vibrant lakefront community combines an energetic urban feel with a slower-paced neighborhood ambiance. And with an increase in retail, hospitality, and entertainment options, it is quickly evolving into the kind of neighborhood plenty of people are happy to call “home.”
Aimco — one of the largest owners and operators of apartments in the country — has identified the 26-year-old Hyde Park Tower Apartments as a very attractive value-added opportunity in the heart of this real estate hot spot. With a walk score of 87, just a ten-minute commute to the Loop, and offering a full range of amenities, the 155-unit property meets the demands of discerning renters who expect a level of style and service equal to that of any condo.
Determined to leverage the latest technology while creating spaces that enhance both the resident and staff experience, our extensive renovation impacted every area of the building, from lobby, leasing office, and conference room to resident’s club, fitness center, and laundry.
Updated security and operations systems allowed us to eliminate the compartmentalized areas previously dedicated to these functions and program a more unified layout. Thanks to the introduction of biometric technology, we could fully reshape the lobby, removing an imposing large desk that dominated the reception area and replacing it with a welcoming hearth framed in hand-glazed ceramic tile.
The new open plan does double duty. It is an ineffective sales tool for leasing agents as they review the building’s amenities with potential tenants. And for residents, it is an appealing extension of their individual living spaces, a comfortable spot to meet and linger with neighbors. Combining an appreciation for the historic architectural richness that characterizes Hyde Park, while projecting a smart, sophisticatedly detailed look, our renovation invests the property with the refined, up-to-date, appearance that speaks so directly to the sensibilities of today’s city-dweller.