640 West Washington Street
-640 W. Washington
-47 stories
-515’ tall
-140 parking (approximately)
-413 apartments
-$2,000,000 to $2,500,000 in tax revenue generated annually
-About $3,700,000 neighborhood opportunity bonus
- 11 affordable units on site
-$5,000,000 in lieu fee for Affordable Housing
-Wanted strong connection with industrious past of the West Loop.
-HPA Architects
-current lot about 130 cars 2019 count (85-90% occupancy day workers)
-High $3’s per square foot
-studios, ones and twos average unit size (650-700 sq ft)
