Chicago, IL, June 22, 2015 (GLOBE NEWSWIRE) -- Leading real estate brand Crescent Heights® announced the purchase by its' entities 730 South Clark, LLC and its affiliates, of 298 units in the high-rise building Burnham Pointe, located in historic Printer's Row in downtown Chicago.
Located at 730 S. Clark St. in the heart of downtown's vibrant South Loop district, the 28-story Burnham Pointe boasts 298 one and two-bedroom apartment homes and penthouses for lease. The building was completed in 2009 and originally only featured condominiums for purchase.
Burnham Pointe offers nine unique luxury apartment models, ranging from 727 to 1,300 square feet. Each unit includes hardwood flooring throughout, walk-in closets and balconies to enjoy the stunning views of the Chicago skyline. The building also features a covered parking garage, 24-hour concierge service, a fitness center and retail shops. Burnham Pointe is within walking distance of world-class dining and shopping, and offers easy access to public transportation options.
"We are excited to bring our Crescent Heights® Inspired Community brand to this desirable downtown location," said Tomer Bitton, a Chicago-based principal with Crescent Heights®. "We believe our thoughtfully planned renovations and amenities will truly capture the essence of this unique neighborhood and give our residents additional satisfaction and enjoyment."
Crescent Heights® has an established presence in Chicago where they have been involved in successful real estate projects for the last 15 years, including past developments such as Park Place Tower, 30 East Huron and Cityfront Place. Burnham Pointe joins five other distinguished Chicago-area Crescent Heights Inspired Communities - Walton on the Park, Park Michigan, Astoria Tower, Echelon at K Station and The LEX, three of which are located in Chicago's South Loop neighborhood where they are one of the largest residential property owners.
About Crescent Heights®:
For more than three decades, the people behind Crescent Heights® have been creating cutting-edge, innovative condominiums, rental communities, office buildings and hotels in urban and coastal cities across the nation. Crescent Heights' visionary and creative approach continues to set the bar for outstanding quality. Their experience is recognized through personalized satisfaction, impeccable attention to detail and a commitment to exceeding expectations. Embracing local cultures, the latest technologies and timeless design further enhances Crescent Heights' in depth knowledge and ability to create America's quintessential places to live, work and play. Every Crescent Heights Inspired Community is fully customized to create the best living experience possible for residents.
Crescent Heights® is a service mark used by a group of limited liability companies and partnerships. Crescent Heights® Inspired Communities are being developed by single purpose companies, which are solely responsible for their operations, obligations and liabilities. For more information, go to www.crescentheights.com.