Ryan Companies US, Inc. (Ryan), a national leader in commercial real estate services, announces it has enhanced its Chicago presence with the opening of a new downtown office at 224 North Desplaines in the city’s West Loop neighborhood. The 6,500-square-foot space accommodates approximately 35 full-time employees and will complement the firm’s larger office in suburban Westmont.
“While we’ve long had a robust presence in the Chicago area, with 150 employees based in Westmont, our business is increasingly bringing us downtown as we capture more market share,” said Jim McDonald, president of Ryan Companies’ Great Lakes Region. “Our region’s business platform has grown significantly in recent years, so we need additional office space to accommodate our larger team and our growth strategies.”
More than 15 people within Ryan’s architecture + engineering division began working in the new downtown office in the fall. As the design studio of Ryan Companies, the A+E team includes experts in healthcare, industrial, multifamily, office and senior living planning and design. Other professionals in the downtown office include members of the firm’s construction, development, capital markets and marketing divisions.
“With our multifamily, senior living, healthcare, industrial and life science portfolios growing across Chicago and the Great Lakes, this new space will give our team more flexibility and the opportunity to be closer to clients and projects as we continue to pursue opportunities in the city center and beyond,” McDonald said. “This new downtown office also allows us to add new staff to support our enormous growth throughout the Great Lakes Region.”
Ryan has several notable recently completed and under-construction projects in the Chicago area that represent its growth in the region. The firm is currently developing the 10-story, $117 million Clarendale Six Corners, a mixed-use, retail and senior living community at the corner of Irving Park Road and Milwaukee Avenue in Chicago’s Irving Park neighborhood that is expected to be completed by fall 2022.
In 2021, Ryan completed several projects throughout the south and west suburbs of Chicago, including a 3.5-million-square-foot Amazon fulfillment center that opened in July in Markham; a two-story, 50,000-square-foot building as part of its 18-acre Oakmont Point office park redevelopment in Westmont; and a new 36,100-square-foot Edward-Elmhurst Health Center in Woodridge.
Recent Great Lakes Region projects outside of Chicagoland include Kroger’s first automated online customer fulfill center in Monroe, Ohio, which opened in April 2021. Ryan is also designing and building a Kroger fulfillment center in Romulus, Mich. And near St. Louis, Ryan recently developed and built Clarendale Clayton, a 13-story senior living project.
Related Stories
Multifamily Housing | Jun 28, 2023
Sutton Tower, an 80-story multifamily development, completes construction in Manhattan’s Midtown East
In Manhattan’s Midtown East, the construction of Sutton Tower, an 80-story residential building, has been completed. Located in the Sutton Place neighborhood, the tower offers 120 for-sale residences, with the first move-ins scheduled for this summer. The project was designed by Thomas Juul-Hansen and developed by Gamma Real Estate and JVP Management. Lendlease, the general contractor, started construction in 2018.
Apartments | Jun 27, 2023
Dallas high-rise multifamily tower is first in state to receive WELL Gold certification
HALL Arts Residences, 28-story luxury residential high-rise in the Dallas Arts District, recently became the first high-rise multifamily tower in Texas to receive WELL Gold Certification, a designation issued by the International WELL Building Institute. The HKS-designed condominium tower was designed with numerous wellness details.
K-12 Schools | May 25, 2023
From net zero to net positive in K-12 schools
Perkins Eastman’s pursuit of healthy, net positive schools goes beyond environmental health; it targets all who work, teach, and learn inside them.
Office Buildings | May 15, 2023
Sixteen-story office tower will use 40% less energy than an average NYC office building
This month marks the completion of a new 16-story office tower that is being promoted as New York City’s most sustainable office structure. That boast is backed by an innovative HVAC system that features geothermal wells, dedicated outdoor air system (DOAS) units, radiant heating and cooling, and a sophisticated control system to ensure that the elements work optimally together.
Office Buildings | May 4, 2023
In Southern California, a former industrial zone continues to revitalize with an award-winning office property
In Culver City, Calif., Del Amo Construction, a construction company based in Southern California, has completed the adaptive reuse of 3516 Schaefer St, a new office property. 3516 Schaefer is located in Culver City’s redeveloped Hayden Tract neighborhood, a former industrial zone that has become a technology and corporate hub.
Mass Timber | May 3, 2023
Gensler-designed mid-rise will be Houston’s first mass timber commercial office building
A Houston project plans to achieve two firsts: the city’s first mass timber commercial office project, and the state of Texas’s first commercial office building targeting net zero energy operational carbon upon completion next year. Framework @ Block 10 is owned and managed by Hicks Ventures, a Houston-based development company.
| Apr 28, 2023
$1 billion mixed-use multifamily development will add 1,200 units to South Florida market
A giant $1 billion residential project, The District in Davie, will bring 1.6 million sf of new Class A residential apartments to the hot South Florida market. Located near Ft. Lauderdale and greater Miami, the development will include 36,000 sf of restaurants and retail space. The development will also provide 1.1 million sf of access controlled onsite parking with 2,650 parking spaces.
Mixed-Use | Apr 27, 2023
New Jersey turns a brownfield site into Steel Tech, a 3.3-acre mixed-use development
In Jersey City, N.J., a 3.3-acre redevelopment project called Steel Tech will turn a brownfield site into a mixed-use residential high-rise building, a community center, two public plazas, and a business incubator facility. Steel Tech received site plan approval in recent weeks.
Multifamily Housing | Apr 19, 2023
Austin’s historic Rainey Street welcomes a new neighbor: a 48-story mixed-used residential tower
Austin’s historic Rainey Street is welcoming a new neighbor. The Paseo, a 48-story mixed-used residential tower, will bring 557 apartments and two levels of retail to the popular Austin entertainment district, known for houses that have been converted into bungalow bars and restaurants.
Design Innovation Report | Apr 19, 2023
Reinforced concrete walls and fins stiffen and shade the National Bank of Kuwait skyscraper
When the National Bank of Kuwait first conceived its new headquarters more than a decade ago, it wanted to make a statement about passive design with a soaring tower that could withstand the extreme heat of Kuwait City, the country’s desert capital.