Akara Begins Leasing at Fulton River Development

The pool deck at Akara’s Kenect Chicago.

CHICAGO—Akara Partners has just begun leasing at Kenect Chicago, a mixed-use apartment development in the city’s Fulton River District near the West Loop. Its 227 apartment units replace what had been a rather decrepit collection of vacant buildings on the northwest corner of Milwaukee Ave. and Grand Ave. where they intersect with Halsted St. Initial move-ins started in June, with all units available for occupancy in September.

“Residents are signing leases and moving in as quickly as we can complete the units,” says Rajen Shastri, founder and chief executive officer of Chicago-based Akara. “The pace of leasing has surpassed even our expectations, as residents are drawn to the location in the Fulton River District, the excellent access to public transportation and divvy bikes, and the range of amenities within Kenect.”