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February 11, 2020

Goldman Sachs LLC buys U District site for student tower

Real Estate Editor

Rendering by HPA [enlarge]
Core Spaces bought the site in 2018 with plans to build a 25-story tower for student housing.

Core Spaces of Chicago has been planning what it calls Hub U District at 4515 Brooklyn Ave. N.E. The 25-story, 211-unit tower will go on the parking lot immediately north of the Graduate hotel (the former Hotel Deca). Permits for the project haven't yet been issued, but the city's Department of Construction and Inspections approved the project at the very end of last year.

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