CHICAGO—The downtown's transformation into a residentialneighborhood took another big step this week when tenants beganmoving into OneEleven, Related Midwest's newestdowntown rental tower at 111 W. Wacker Dr. The company also justopened a new on-site leasing center complete with six modelresidences to give other prospective tenants a clearer picture oflife inside the 60-story building.

“It is always a proud moment when we unveil a new building, butthis is especially true with OneEleven,” says CurtBailey, president of Related. “We introduced Chicago tothe rental lifestyle Related is known for last year with theopening of 500 Lake Shore Drive, and now we're bringing that sameresidential experience to a beautiful, unique location on Chicago'sriverfront.”

The building features 504 apartments, and since April, Relatedhas already leased more than 30% of the residences. “The responsehas already been tremendous, and now that prospective renters cansee our vision on-site," adds Bailey.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.