The Belden-Stratford, the iconic Beaux-Arts apartment property in Chicago’s Lincoln Park neighborhood, has reopened its doors following a top-to-bottom renovation that blends the grandeur of the 100-year-old building’s original architecture with lifestyle residences designed for today’s renters.
Overlooking the Lincoln Park Zoo and Conservatory, the 16-story property was constructed in 1923 and is listed on the National Register of Historic Places. Designed by architect Meyer Fridstein, it originally opened as a residential hotel before eventually transitioning entirely to rental apartments.
Renovation of Belden-Stratford Luxury Apartments
The historic Belden-Stratford was purchased in 2018 by Mansueto Office—the investment firm of Joe Mansueto, a former resident of the property—and renovation began in 2020. Today, it comprises 209 luxury apartments, ranging from studios, one-, two-, and three-bedroom residences, as well as a selection of penthouses boasting double-height living spaces. Monthly rents for these units range from $2,500 to $15,000. Currently, the leasing process is underway with the expectation of full occupancy by the end of the year.
Modern Amenities, Historic Look
The completed renovation was unveiled during a June 7 grand opening celebration, and the building officially passed its 100-year anniversary this October. For the modern-living renovation, the team incorporated new amenities in the building's preexisting open spaces. This includes a lounge that overlooks the Lincoln Park Conservatory, a double-height fitness center in what was once the building’s ballroom, a billiards and media lounge, a rooftop deck, wine tasting room, private wine storage room, and reservable conference rooms.
The property also offers a variety of services, from concierge and door staff, to 24/7 valet parking and Tesla rentals. A French bistro connects to the lobby as well, providing residents with on-site dining at Mon Ami Gabi.
Luxury Residences
Each residence comes with 9-foot ceilings and an elegant finish package, including quartz countertops, GE Profile stainless steel appliances, and full-size washers and dryers. The apartments measure between 483 and 1,689 sf.
“The residential experience at The Belden-Stratford offers a taste of both worlds for those who appreciate the history and architectural significance of the building as a point of differentiation, but also want many of the same conveniences and amenity offerings you would find in a new-construction rental property,” said Scott Ferguson, Senior Vice President at Waterton. “In fact, one of the most significant aspects of the renovation was completely reimagining the residential floors to create new unit layouts that align with the lifestyle of today’s renters. The result is contemporary apartments with features you don’t expect in a century-old building, like island kitchens that are open to living space, generous storage including walk-in closets, and full-size in-unit laundry.”
On the Building Team:
Owner: Mansueto Office, Waterton
Architect of Record: Solomon Cordwell Buenz
Historic Architect: Vinci Hamp Architects
Lighting Designer: CharterSills Architectural Lighting Design
Historic Finish Research: EverGreene Architectural Arts
GC: Bulley & Andrews
Related Stories
MFPRO+ News | Oct 22, 2024
Project financing tempers robust demand for multifamily housing
AEC Giants with multifamily practices report that the sector has been struggling over the past year, despite the high demand for housing, especially affordable products.
Mixed-Use | Sep 19, 2024
A Toronto development will transform a 32-acre shopping center site into a mixed-use urban neighborhood
Toronto developers Mattamy Homes and QuadReal Property Group have launched The Clove, the first phase in the Cloverdale, a $6 billion multi-tower development. The project will transform Cloverdale Mall, a 32-acre shopping center in Toronto, into a mixed-use urban neighborhood.
Adaptive Reuse | Sep 12, 2024
White paper on office-to-residential conversions released by IAPMO
IAPMO has published a new white paper titled “Adaptive Reuse: Converting Offices to Multi-Residential Family,” a comprehensive analysis of addressing housing shortages through the conversion of office spaces into residential units.
Resiliency | Sep 3, 2024
Phius introduces retrofit standard for more resilient buildings
Phius recently released, REVIVE 2024, a retrofit standard for more resilient buildings. The standard focuses on resilience against grid outages by ensuring structures remain habitable for at least a week during extreme weather events.
Adaptive Reuse | Aug 22, 2024
6 key fire and life safety considerations for office-to-residential conversions
Office-to-residential conversions may be fraught with fire and life safety challenges, from egress requirements to fire protection system gaps. Here are six important considerations to consider.
Mixed-Use | Aug 21, 2024
Adaptive reuse of a Sears store becomes luxury mixed-use housing
6 Corners Lofts at 4714 W Irving Park Road, Chicago, Ill., opened in March of 2024 as a 394,000-sf adaptive reuse project born out of a former Sears store.
MFPRO+ New Projects | Aug 16, 2024
At 60 stories, the Paramount multifamily development will stand as Nashville’s tallest high rise
When complete, the 60-story Paramount building, at 750 feet high, will be the tallest high rise tower in Nashville, Tenn., surpassing the city’s current record holder, the 617-foot AT&T Building. The $390 million Paramount project recently launched condo sales after securing more than $230 million in construction financing.
MFPRO+ News | Jul 22, 2024
Miami luxury condominium tower will have more than 50,000 sf of amenities
Continuum Club & Residences, a new 32-story luxury condominium tower in the coveted North Bay Village of Miami will feature more than 50,000 sf of indoor and outdoor amenities. The program includes a waterfront restaurant, dining terraces with resident privileges, and a private dining room outdoor pavilion.
MFPRO+ New Projects | Jul 2, 2024
Miami residential condo tower provides a deeded office unit for every buyer
A new Miami residential condo office tower sweetens the deal for buyers by providing an individual, deeded and furnished office with each condo unit purchased. One Twenty Brickell Residences, a 34-story, 240-unit tower, also offers more than 60,000 sf of exclusive residential amenities.
Multifamily Housing | Jun 17, 2024
Elevating multifamily properties through quiet luxury
As the demands of urban living continue to evolve, the need for a tranquil and refined home environment has never been more pronounced.