In December 2024, Hines completed a record-breaking acquisition of one of the largest and most high-value apartment communities in Evanston, IL, further strengthening its multifamily portfolio in the Chicago market. Now serving as both owner and property manager, Hines is committed to delivering an exceptional living experience while maximizing long-term asset value.
By 2025, the property was fully developed into a premier residential community featuring two high-rise towers—16 and 14 stories—connected by a four-story structure that houses 14 townhouse units and 4,000 square feet of ground-floor retail space. The 352-unit complex offers a diverse mix of floor plans, from studios to three-bedroom residences, catering to a wide range of renters.
With market-leading amenities, including a full-size basketball court, two state-of-the-art fitness centers, a resident lounge, and a stadium-style theater, the property is positioned as a top-tier living destination. Strategically located just 1.2 miles from Northwestern University and in close proximity to Loyola University and Lake Shore Drive, it offers seamless access to Downtown Chicago, making it an attractive option for professionals, students, and families alike.
As Hines continues to enhance the asset through best-in-class property management and operational excellence, this acquisition underscores the firm’s commitment to delivering high-quality residential experiences in dynamic urban markets.
