Viridian on Sheridan
Market Rate Development
Located on a prime corner at the northern edge of Chicago’s coveted Lakeview neighborhood, Viridian on Sheridan is close to everything but away from it all. The 100-residence bespoke apartment building boasts smart technology features, a green roof vegetable garden, and an amenity-rich 10th floor.
Community members wanted the site—a vacant gas station—to be developed differently from what previous developers had in mind, with more sensitivity to the surrounding neighborhood. As the third developer to approach the project, Vermilion engaged in open, honest dialogue with community members to dig deeper into the issues that mattered most. The resulting residential community was a win for everyone.
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Location
Chicago, IL
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Platform
Market Rate Development
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Project Size
0.5 acres / 100 units / 10 stories
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Project Cost
$38M
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Groundbreaking
March 2017
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Project Completion
Spring 2018
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Website
Residential Apartments
$38m total investment
0.5 acres / 100 units / 10 stories