Mixed-use development on full-block site at 855 W. Madison St scheduled to deliver in Spring 2020

Chicago, IL – Lendlease, along with co-developer The John Buck Company and partner Intercontinental Real Estate Corporation, today revealed the name and branding of the team’s two-tower, mixed-use development under construction at 855 W. Madison St. – officially called “The Venn.” Topped off in July 2019 and scheduled to deliver in late spring 2020, The Venn occupies a full-block site in the West Loop overlooking Mary Bartelme Park, bordered by Madison Street to the north, Monroe Street to the south, Peoria Street to the west and Green Street to the east.

“We’ve collaborated with some of the best in the industry to deliver The Venn, a new center in the West Loop offering an intimate lifestyle with a variety of housing choices and modern amenities – where work, home and social lives truly intersect,” said Ted Weldon, executive general manager for Lendlease Development in Chicago. “For Lendlease, it’s just one more example of how we’re developing communities across the city that not only appeal to young professionals who crave the bustle of city life, but also families and empty nesters who are choosing an urban setting to call home.”

Upon completion, The Venn will feature 586 residences – 319 in the north tower, 254 in the south and 13 rental townhomes with private entrances along Peoria and Monroe streets – all connected by a two-story podium that includes 11,000 square feet of retail space and 278 parking spaces, which will be available for resident and public use.

The 17-story towers will include a blend of one-, two- and three-bedroom floor plans ranging from 546 to 1,591 square feet, while the townhomes include two-bedroom residences, ranging from 1,469 to 2,036 square feet. Pre-leasing is expected to begin in early 2020.

“We chose the name The Venn because this development is deeply rooted in connectivity,” said Ariana Rasansky, vice president of marketing and operations for The John Buck Company. “It’s made up of two buildings with a shared amenity space, and we were drawn to the idea of providing each building with its own personality, but with overlapping communities and a shared story.”

Both towers will feature their own design and amenity spaces, accessible to all residents, such as a ground-floor lobby, fitness center, entertainment lounge, game room, communal chef’s kitchen, coworking space and dog run. Outdoors, residents will share a large deck with a pool, lounge seating, fire pits, grilling stations and lush green spaces.

For The Venn, Lendlease and The John Buck Company collaborated with the award-winning G|R|E|C Architects, based in Chicago, to create a stepped, three-tier façade that transitions from masonry at street level to glass on the upper floors. The design is intended to maintain the character of the existing streetscape and to complement the surrounding architecture in the West Loop. A high degree of texture and materiality at the townhouse level also enhances the pedestrian experience.

“We have a great responsibility in working with an entire city block to keep the development scaled to the community and the inhabitants,” said Greg Randall, managing principal of G|R|E|C Architects. “Carefully scaled forms are stacked upon one another to give relief and visual interest to the residential modules. The facades are intended to laterally convey the tension and compression of urban life while the peeling back of the more solid, more textural materials at the ground plane vertically give way to airier, glass enclosures as the towers ascend skyward, evoking the progression and reward of urban living. The positioning of the stacked towers on the block also allows for a strong visual continuation of Mary Bartelme Park up to The Venn’s amenity deck.”

In addition to enjoying the renowned restaurants and boutiques throughout the West Loop, and the proximity to Mary Bartelme Park, residents at The Venn will live within walking distance of major employers, including Google’s Midwest headquarters and McDonald’s global headquarters. The development also provides convenient access to the Kennedy and Eisenhower expressways, as well as Ogilvie Transportation Center, Union Station and several CTA bus and rail lines.

“Intercontinental is proud to be a development partner for The Venn,” said Peter Palandjian, chairman and CEO of Intercontinental Real Estate Corporation. “With this project, we are truly creating a community within a community – one that both reflects and contributes to the continued evolution of the West Loop as a place to live, work and experience all Chicago has to offer.”

To learn more about living at The Venn, please visit www.thevennapartments.com.