Albion News Feed

ULI Nashville’s 14th Excellence in Development Awards was a success! The Awards brought together guests from all facets of real estate and land use to celebrate innovative projects that demonstrated exceptional design, land use, financial success and impact on their asset class and community.

Chicago-based Albion Residential has secured construction financing for the first of its two planned towers at Albion Music Row.

Albion in the Gulch is a new 20-story apartment complex at 625 Division Street. The two towers house 415 rental units.

As financial markets tighten and consumers become more thoughtful on where they spend, when it comes to multifamily – the intentionally designed survives. Albion In the Gulch is a great example of placemaking through intentional design. Developed by Albion Residential, this new 20-story tower will look to redefine the luxury living experience in Downtown Nashville.

Albion Residential, a Chicago-based developer seeking to redefine the luxury rental apartment space in Nashville, today announced that its first Nashville project, Albion in the Gulch, a stunningly crafted $140 million tower with 415 premium rentable units located at 645 Division Street, has begun leasing and is expecting its first move-ins to begin in March.

In 2019, the building was sold by then owner/manager, Pittsburgh’s Mozart Management (who had operated it as “the Parklane” since 1982) to Albion Residential of Chicago who evidently valued its existing features and unique essence.

At nearly $140 million, the deal for a Palatine complex offers an encouraging sign for local apartment landlords amid financial market turbulence and rising interest rates.

Albion Residential Swaps $56M for Multifamily near MTSU in Murfreesboro.

An Oak Brook apartment developer has acquired Birchwood on Sterling, a 719-unit housing complex with a messy past.

Albion Residential will develop Albion in the Gulch, a $140 million apartment tower at 645 Division St. in Nashville.

Albion Residential, a Chicago-based firm specializing in the acquisition and development of luxury rental apartments, completed its first-ever branded development, the Albion Oak Park. A high-rise rental development, the newly opened property enhances the residential experience with the creation of a collaborative community and luxury-driven amenities in a transit oriented location in this top tier Chicago suburb.

A development agreement allowing a five-story, 161-unit apartment building beside Sunset Woods Park has been finalized.

19-story apartment building features 20,000 square feet of usable outdoor space, 7,000 square feet of retail.

With it’s design-oriented, Albion Residential is bringing high-end residential properties to cities throughout the Midwest. The Chicago-based firm focuses on creating Luxurious developments defined by their stunning designs and premier locations.

The latest project hoping to leave its mark on downtown Evanston’s changing skyline is a 16-story tower from developer Albion Residential slated for 1454-1508 Sherman Avenue. If approved, the gently undulating building would replace a handful of low-rise buildings with 298 for-rent apartments atop a 192-vehicle parking garage and 10,000 square feet of ground floor retail.