Next on Chestnut

Next Apartments

347 W Chestnut St., River North, Chicago

In 2013, we pushed the River North high-rise boundaries from Chicago Avenue two blocks north to Chestnut Street. 347 W. Chestnut – ultimately NEXT Apartments – had been adjacent to low- and moderate-income housing, which was demolished in the 1990s and since remained under-developed. NEXT enlivened the area by bringing in both residences and retail, including a boutique food market, nail salon, hair salon and fast-casual eatery.

Opening ahead of schedule allowed us to use excess contingencies for further in-unit upgrades including Nest thermostats, upgraded kitchen appliances, track lighting, and robust closet organizers. NEXT was the first apartment building in Chicago to engage residents with the addition of a “house dog” Daisy, a newfoundland.

The building served as a catalyst for the area’s other commercial and residential projects, including Belgravia’s condo projects and the 20-story, 202-unit luxury apartment tower Niche 905, one block north. NEXT was the first to market and the first to offer double bathroom sinks in one-bedroom units It remains one of the most well-amenitized and thoughtfully-appointed luxury buildings in the area.

Building Details

  • 310 units
  • 28 stories
  • 5,700 Sq Feet of Retail
  • Completed 2016

Project Team

  • Fifield Companies, Developer
  • Strand Partners, Equity Partner
  • CIBC & Ullico, Construction Financing
  • AIG, Permanent Lender
  • Pappageorge Haymes, Architect
  • James McHugh Construction, General Contractor

Awards

  • 2017 Key Award for Interior Design from HBAGC​
  • CPE/MHN Award for Best Development of 2017
Next Apt 5