campus north residential commons...campus north residential commons in hyde park, chicago “the...
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CAMPUS NORTH RESIDENTIAL COMMONSin 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.
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
1125 E 55th St1111255 E 55thh St
Campus North Residential Commons
1109 E. 55th Street, Hyde Park, Chicago | 6 Campus North Residence Hall | 7
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
(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
1105 E 55th St
1109 E. 55th Street, Hyde Park, Chicago | 12 Campus North Residence Hall | 13
1115 E 55th St
1109 E. 55th Street, Hyde Park, Chicago | 14 Campus North Residence Hall | 15
1125 E 55th St
1109 E. 55th Street, Hyde Park, Chicago | 16 Campus North Residence Hall | 17
5500 University Ave
1109 E. 55th Street, Hyde Park, Chicago | 18 Campus North Residence Hall | 19
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
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
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
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
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
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
1109 E. 55th Street, Hyde Park, Chicago | 32 Campus North Residence Hall | 33
“ Hyde Park has crushed our expectations.”
~ Chef Matthias Merges
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
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
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.