April 26, 2019
Hunt Companies Inc. and Savoy Development’s Noca Blu multifamily development in Logan Square has achieved LEED Silver certification from the U.S. Green Building Council. The 138-unit property is among the first new multifamily developments in the fast-growing submarket in decades.
“We are proud to be part of the revival of the Logan Square area, bringing sustainable, urban, and pedestrian-friendly living to renters seeking proximity to mass transit and lifestyle amenities,” said Guy Arnold, EVP and COO of Hunt.
Of Noca Blu’s 138 units, 20 will be affordable and 118 market rate. Construction was completed in the fall of 2018, and residents began moving in/leasing in November.
Hunt and Savoy co-developed the project in joint venture with Principal Real Estate Investors. Construction financing was provided by Wintrust Commercial Real Estate, Studio 222 Architects designed the building and the general contractor was Focus Construction. Pinnacle manages the property.
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