DeBartolo Development, Optima partner on Chicago high-rise tower

By Business Observer Staff
| 8:06 p.m. December 2, 2011
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Commercial Real Estate

Tampa-based DeBartolo Development LLC and Chicago-based Optima Inc. have announced a joint venture to begin construction on the Optima Center Chicago, a $114 million, 42-story mixed-use multifamily community in downtown Chicago. The LEED-certified green tower, designed by architect David Hovey of Optima, will include 325 apartment units, a 235-car parking garage and more than 22,000 square feet of commercial retail and office space.