In our last post about Chicago’s West Loop we covered some of the neighborhood basics. We promised to continue writing and showcasing why we love this rapidly growing area, and today we are here to deliver on that promise.
What you may not know is that Reside Living recently closed on a parcel of mixed-use properties in the West Loop. I know, you may be asking yourself what on earth does mixed- use mean? Simply put a mixed-use development is a type of urban development that blends residential, commercial, cultural, institutional, or industrial uses, where those functions are physically and functionally integrated, and that provides pedestrian connections. Meaning, Reside Living and our commercial counterpart Newcastle Limited aim to purchase properties that not only provide an awesome place to live but also fabulous additions to the neighborhood.
A great example of this is our 945 W. Fulton Market property located in the Fulton Market area of the West Loop. This building boasts two floors of loft-style residential apartments and is jointly home to some of the hippest restaurants in the area. Many of the Alinea Group restaurants call our building home. Next Restaurant, The Aviary and Roister can all be found on the main level of the building. It was only natural that when we closed on our newest set of properties we would follow this same model.
Ok, enough with the boring stuff let’s dig into the fun stuff. Last Tuesday we were invited to attend a Billy Reid spring line launch event. Billy Reid is now one of Newcastle Limited’s retail tenants, and they are the embodiment of what makes Chicago’s West Loop neighborhood great. For those of you who are unfamiliar, Billy Reid is an American fashion designer based in Florence, Alabama. His line includes men’s, women’s, accessories and eyewear. His clothing, self-described as “lived-in luxury,” is known for its classic styles in high quality fabrics with unusual accents and Southern influence. With its grand staircase and home-like interior design, the shop reflects just that.
We were not the least bit surprised when it was announced at Chef Jenner Tomaska of Next Restaurant would be cooking for the event. Chef Jenner who just received his second James Beard nomination seems to be everywhere these days. Unbeknownst to us Billy Reid has been partnering with chefs around the country for some time, and is passionate about building relationships with those in the culinary industry. The coolest part for us was of course seeing two of our retail tenants coming together in a creative way.
The event was very illuminating for us. It seemed that everyone in attendance was affiliated with the community in some way, shape or form. There were photographers from the Soho House Chicago, freelancers, artists, and even some well-known Chicago bloggers. Watching these Chicago creatives was inspiring. It’s clear to us that if you’re looking to live in a neighborhood that is tight-knit and cohesive, you should call the West Loop home.