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CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago The University of Chicago is the best investment I ever made in my life.~ John D. Rockefeller

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Page 1: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

CAMPUS NORTH RESIDENTIAL COMMONSin Hyde Park, Chicago

“The University of Chicago is the best investment I ever made in my life.”

~ John D. Rockefeller

Page 2: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

3

Located just seven miles south of Downtown Chicago on the southwest

shore of Lake Michigan, Hyde Park is anchored by

The University of Chicago and home to some of

the area’s most popular tourist destinations such

as the Museum of Science and Industry, the Frank

Lloyd Wright Robie House, and the forthcoming

Obama Presidential Center.

One of Chicago’s most inclusive and fastest growing neighborhoods, Hyde Park has

long captivated residents who relish the strong

community pride found there — a pride deeply

rooted in the area’s rich history and cultural

relevance.

Recent openings of the best local boutiques,

chef-driven restaurants and live music venues

have intensifi ed the neighborhood’s intrigue,

ultimately reinventing the commercial center

of Hyde Park. But eager University of Chicago,

resident and visitor audiences crave more,

sustaining the neighborhood as a unique retail opportunity to capitalize on pent-up demand in this growing and

engaged market.

Page 3: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

Burnham ParkBurnham Park

Illinois Central R

ailroad

Illinois Central R

ailroad

Grant ParkGrant Park

Lincoln ParkLincoln Park

E 53rd StE 53rd St

Midway PlaisanceMidway Plaisance

7 miles from Hyde Park

to the Loop

Hyde ParkHyde Park

The LoopThe Loop

S La

ke Shore Dr

S La

ke Shore Dr

1/2 Mile Radius1/2 Mile Radius

S Lake Shore Dr

S Lake Shore Dr

Campus NorthCampus NorthResidence HallResidence Hall

Stagg FieldStagg Field

Jackman FieldJackman Field

Henry Crown Henry Crown Field HouseField House

Gerald Ratner Gerald Ratner Athletics CenterAthletics Center

S Harper Ave

S Harper Ave

E 51st StE 51st St

E 55th StE 55th St

S Woodlawn Ave

S Woodlawn AveS Cottage Grove Ave

S Cottage Grove Ave

SS LakeLake Park Ave

Park Ave

Washington ParkWashington Park17 baseball diamonds17 baseball diamonds

4 cricket pitches4 cricket pitchesolympic sized poololympic sized pool

Jackson ParkJackson Park18 hole golf corse18 hole golf corse10 tennis courts10 tennis courts

8 baseball diamonds8 baseball diamonds3 harbors3 harbors2 beaches2 beaches

Campus North Residence Hall | 5

OBAMAOBAMAPRESIDENTIAL PRESIDENTIAL CENTER SITECENTER SITE

Page 4: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1125 E 55th St1111255 E 55thh St

Campus North Residential Commons

1109 E. 55th Street, Hyde Park, Chicago | 6 Campus North Residence Hall | 7

Page 5: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

AV

T

11091,472SF

A5

A4

AA

AB

AC

E. 55TH STREET

1 1/2" CW,W/SUB-METER

VENT

CHWS &CHWR,HWS &HWRHOOKUPS, WITHUNIT HEATER

COMMCONNECTION TOAT&T

GENERAL EXHAUST ,1.2 SF FREE AREAW/FIRE DAMPER

EXIT SIGN600 CFMDUCT UP TO

OUTSIDE AIRINTAKE PLENUM

TOILETEXHAUST

WALL -MTD ONE-WAYVOICE COMMUNICATIONSPEAKER STROBE DEVICE

BLDGRISER

BLDGRISER

MANUAL PULLSTATION

5 TON FCU

208V/200AELECTRICALPANEL

THERMOSTAT

NOTE: Landlord does not guarantee that internal changes have not occurred since this exhibit was prepared andrequires that this space be field-verified by Tenant to ensure the accuracy of this exhibit. All Tenant lease areas aremeasured from the centerline of the interior demising partition, from the exterior face of exterior walls, and from thecommon-area face of partitions between Tenant Premises and Landlord common areas.

0' 16'8'4'

1,472 SF1,499 SF 3,200 SF

3,718 SF

Un

iversity

Aven

ue

1,472 SFF

Retail Space Insomnia Cookies 946 SF

Available 1,472 SF Te’amo 1,499 SF

Nella’s 3,200 SF

Dollop 3,718 SF

Total GLA 10,835 SF

Residential ~800 StudentsUniversity Dining Hall Offi ces Classrooms

The Campus North Residence Hall is LEED-Gold Certifi ed.

E. 55th Street

1109 E. 55th Street, Hyde Park, Chicago | 8 Campus North Residence Hall | 9

LOD Site Plan

Page 6: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

(Previous tenant)

AVAILABLE SPACE 1109 E 55th St1,472 SF

Fully built-out space. Seen here with the original tenant

1109 E. 55th Street, Hyde Park, Chicago | 10 Campus North Residence Hall | 11

Page 7: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1105 E 55th St

1109 E. 55th Street, Hyde Park, Chicago | 12 Campus North Residence Hall | 13

Page 8: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1115 E 55th St

1109 E. 55th Street, Hyde Park, Chicago | 14 Campus North Residence Hall | 15

Page 9: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1125 E 55th St

1109 E. 55th Street, Hyde Park, Chicago | 16 Campus North Residence Hall | 17

Page 10: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

5500 University Ave

1109 E. 55th Street, Hyde Park, Chicago | 18 Campus North Residence Hall | 19

Page 11: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

Power in Numbers

Hyde Park average family income:

A Diverse Population

$80K

40,142 POPULATION WITHIN ONE MILE OF DOWNTOWN HYDE PARK

ANNUAL RETAIL BUYING POWER

$3.7BILLION

Average income of surrounding area

Chicago averagefamily income

V E H I C L E SP E R D AY

A G E D I S T R I B U T I O N

R A C E D I S T R I B U T I O N

$45,192

11,542 P E D E S T R I A N SP E R D AY9,845

$74,367

The University of Chicago is home to:

15,726UNDERGRADUATE, GRADUATE

AND PROFESSIONAL STUDENTS

2,752FACULTY AND

ACADEMIC PROFESSIONALS

21,395STAFF MEMBERS; UNIVERSITY,

MEDICAL CENTER, NATIONAL LABS

43.5% W H I T E

22.3% 25–34

35.8% B L AC K

18.6% 15–24

13.8% A S I A N /PACIFIC ISL.

11.4% 35–44

4.8% M U LT I - R AC I A L

2.0% OT H E R

10.4% 45–54

10.8% >14

0.2% A M . I N .

11.3% 55–64

15.3% 6 5 +

Sources: Jeff Greene Partners // 53rd Street Vision Workshop Report // US Census // ESRI // wbez.org // uchicago.edu

RETAIL SPENDING POWER

10%Tourists

15%Employees

55%Residents

20%Students

53RD ST &HARPER AVE

1109 E. 55th Street, Hyde Park, Chicago | 20 Campus North Residence Hall | 21

Page 12: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1109 E. 55th Street, Hyde Park, Chicago | 22 Campus North Residence Hall | 23

400,000 SF New Offi ce Space

Space for 1,600 UChicago Employees

600 Indoor Parking Spaces

Harper Court Expansion

Page 13: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1109 E. 55th Street, Hyde Park, Chicago | 24 Campus North Residence Hall | 25

Smart Hotels/Olympia -

98-room boutique hotel equipped with a full-service restaurant, bar and patio area. 2018 delivery

Page 14: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1109 E. 55th Street, Hyde Park, Chicago | 26 Campus North Residence Hall | 27

“ Dearborn Denim was an e-commerce focused business until

we saw the potential in Hyde Park. We are extremely happy with the market and look forward to a long relationship with the University of Chicago.”

~ Robert McMillan, owner of Dearborn Denim

Dearborn Denim & Apparel, is a manufacturer of quality denim at affordable prices. All their jeans are made in Chicago.

Dearborn Denim was recently named

“Best New Jeans Shop” by

Page 15: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1109 E. 55th Street, Hyde Park, Chicago | 28 Campus North Residence Hall | 29

“ We are excited to be a part of We are excited to be a part of this vibrant community that we this vibrant community that we feel embraces small businesses.feel embraces small businesses.”

~ Tiffany Paige – Modern Cooperatived

Page 16: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1109 E. 55th Street, Hyde Park, Chicago | 30 Campus North Residence Hall | 31

“The Promontory is booking some of the

hottest gigs in town.”

~ Chicago Magazine

“ If you’ve never been to Hyde Park

you’re late!”~ The Promontory

“ The Promontory...One of the

16 Best Outdoor Bars in Chicago.”

~ Chicagoist, April 30, 2015

Page 17: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1109 E. 55th Street, Hyde Park, Chicago | 32 Campus North Residence Hall | 33

“ Hyde Park has crushed our expectations.”

~ Chef Matthias Merges

Page 18: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1109 E. 55th Street, Hyde Park, Chicago | 34 Campus North Residence Hall | 35

Average retail sales are $620 per square foot

786 new apartments within walking distance

84% daily occupancy for Hyatt Place

31 new restaurants and retailers have opened since 2013

3 Million tourists annually

53rd Street Performance

“I love the fact there is so much neighborhood pride.”

~ Eric Williams, owner of The Silver Room

Page 19: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1109 E. 55th Street, Hyde Park, Chicago | 36 Campus North Residence Hall | 37

94 Nobel Prize Winners

160,000 Alumni

$7.5 Billion Endowment

15,000 Students

21,000 Faculty and Staff

7th Largest Employer in Chicago

The University of Chicago

Page 20: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

1109 E. 55th Street, Hyde Park, Chicago | 38 Campus North Residence Hall | 39

Urban Achievers 30.0%First stop for up-and-coming immigrants from Asia, South America, and Europe. Typically college

educated, ethnically diverse young singles, couples, and families. Most are under 35. Tend to be renters.

Multi-Culti Mosaic 8.4%An immigrant gateway community; home for a mix of African American, Asian, and Hispanic singles and

families. Most are fi rst-generation Americans striving to improve their lower-middle-class status. 35-54

with some college. Tend to be homeowners.

Bohemian Mix 8.7%An ethnically diverse mobile urbanite with the most liberal lifestyle. Progressive mix of young singles, couples,

and families ranging from students to professionals. Most are under 55 and college educated. Tend to rent.

The Cosmopolitans 5.4%Educated, upper-midscale, and ethnically diverse urban couples. Mostly older (55+), empty-nesting

homeowners. A vibrant social scene surrounds their older homes and apartments; residents love the

nightlife and enjoy leisure-intensive lifestyles.

SOURCE: Nielsen PRIZM®

Downtown Hyde Park caters to an eclectic mix of residents, students, employees, and tourists.

Page 21: CAMPUS NORTH RESIDENTIAL COMMONS...CAMPUS NORTH RESIDENTIAL COMMONS in Hyde Park, Chicago “The University of Chicago is the best investment I ever made in my life.” ~ John D. Rockefeller

HYDE

PARK

Andrew Macafee312-784-2844

[email protected]

Allan Perales312-784-2758

[email protected]