Coordinate Properties Holiday Newsletter December 2019

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December 2019 A SPECIAL HOLIDAY NEWSLETTER FROM THE C.P. FAMILY Seasons Greetings HAPPY HOLIDAYS TO YOU AND YOUR FAMILY, FROM US AND OURS A Busy Year with Coordinate Properties   With the remodeling of our Lincoln Park office under our belt, a 30 foot mural completed, and over 300,000 square feet leased*, our year has been nothing short of gratifying. Beyond just this, we are growing the team and have already brought on one new member, were certified as a Woman Owned Business Enterprise by the City of Chicago, and hosted our grand opening reception. From involvement in a residential development deal, to acquiring property in Bucktown and Humbolt Park, we are building momentum as a force in Chicago real estate.    *Estimate based on newly signed leases, lease renewals, and exercised options Looking for things to do this holiday season? SketchFix Chronicles At the corner of Armitage and Halsted Avenues you will find an elegant and striking mural decorating the alley beside Coordinate Properties' office.  Completed in Fall of 2019 and jointly curated by CP, this was Danny Torres' first commissioned outdoor mural. The project involved a 3 month planning period and 6 weeks of production. Check out the artist's other work HERE. Client Spotlight* - Redline VR Recently opened this fall in Ravenswood and equipped with a full bar featuring local brews and cocktails. Founded by a film & theater director and a technical specialist for animation, Redline VR is crafting a completely different kind of entertainment using augmented and virtual reality technologies.  Experience imaginative possibilities paired with the familiar in a whole new way. Redline VR offers VR/MR Escape Rooms, a Multiplayer Arcade, and expertly curated Virtual Reality Events. Check out their feature on WGN's Around Town segment HERE. *If you would like your company to be featured in our monthly newsletter, please email amanda@coordinateproperties.com Christkindlmarket Whether you are looking to grab a bite to eat, stay warm with a cup of spiced wine (or hot chocolate), or shop handcrafted holiday items, Christkindlmarket is a merry spectacle sure to get you in the holiday spirit this winter! Stop by during your lunch break or visit the newly opened Wrigleyville location. The Loop location is open until Chirstmas Eve and the Wrigley location is open until New Years Eve.  Looking Ahead: Market Trends, Real Estate Developments, and Opportunities It was a big year for real estate development  in the Lincoln Park neighborhood. With the completion of Lincoln Common, the 6.04 acre mixed-use development built on the former site of Children's Memorial Hospital, and further revisions made to the planned Lincoln Yards proposal, a 70-acre parcel along Lincoln Park and Bucktown, these developments will surely activate and provide multiple connections between the city's most iconic neighborhoods. It will be another 10 years or so until we see the fully completed project along Chicago's river bank, but we will be closely following along as zoning decisions and infrastructure improvements are made. The developer, Sterling Bay, wants to relocate the nearby Clybourn Metra station onto the site and add three water taxi stops. Additionally there will be a 1,300-foot extension of the 606 elevated trail over the river and there will be over a mile of new river walk.  Even though Lincoln Common is now complete, the development's affects have yet to be seen down Lincoln Ave. The Lincoln Park Chamber of Commerce is planning an interactive art installation under the EL track next to the Apollo Theater and there are three new residential mid-rises planned for the stretch on Lincoln between Sheffield and Racine. It's always cozy at Coordinate Properties. Come by and say hi!   With the turn of year upon us, the buzz of the holidays in the air, and the constant temptation of good food and drink, we cannot help but be thankful for how far we have come this year. As a thank you for your continued support, we'd love to invite you over for a cup of coffee or tea to help keep you warm this winter! Copyright © 2019 | All rights reserved by Coordinate Properties | Made in Chicago Coordinate Properties is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.  Our mailing address is: 815 W. Armitage Ave  Second Floor Chicago, IL 60614