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Luxury Rental Tower Optima Signature Brings 3 New Retailers to Chicago’s Streeterville Neighborhood, Including Popular Montessori School

October 19, 2018

CHICAGO (Oct. 3, 2018)Optima Signature, a 57-story luxury apartment tower with prime retail space just east of Chicago’s Magnificent Mile has signed leases for three commercial tenants: Guidepost Montessori at Magnificent Mile, a California-based school; GoodVets Streeterville, a full-service veterinarian redefining pet care; and RUNAWAY fitness, a run conditioning fitness studio. Developed by Glencoe, Ill.-based Optima, Inc. a full-service real estate firm with projects in Chicago and Arizona, Optima Signature is located at 220 E. Illinois St. and offers 490 apartments and 58,000 square feet of retail and professional space.

GoodVets, which recently opened its 2,000-square-foot office, is located on the development’s Grand Avenue ground level while Guidepost Montessori and Runaway will both front upper Illinois Street. RUNAWAY will open its 4,200-square-foot studio in November and Guidepost Montessori is scheduled to open its 11,500-square-foot school later this fall.

“For all three of these tenants, it was hard to deny the appeal of Optima Signature’s high visibility just east of Michigan Avenue, and its built-in foot traffic thanks to our hundreds of residents,” said Tara Hovey, president and COO of Optima, Inc. “Not only do these retailers further enhance the signature amenity offerings we have available to our residents, but they also perfectly complement the existing businesses already serving the area.

“Each time we design and develop a mixed-use community, our ultimate goal is to create a destination by drawing niche users that provide services unique to the neighborhood,” continued Hovey. “Streeterville’s population has soared over the last few years thanks to new residential development, but early childhood education options haven’t kept up with the pace. We’re proud to be filling a need for our residents as well as the area at large by bringing the first Montessori school to Streeterville.”

Guidepost Montessori at Magnificent Mile will serve toddlers and preschoolers – ranging in age from 14 months to 6 years old – and follows the Montessori method of education that is based on self-directed activity, hands-on learning and collaborative play. With 16 other locations, Guidepost is a national network of Montessori schools offering a Spanish immersion program where joyful, self-directed exploration stimulates children to stimulate a love of learning.

“Optima Signature provides the ideal location for our next Chicago-area school – as not only is it near families who live or work in Streeterville, but it’s also close to Chicago’s lakefront and its abundance of cultural activities and museums,” said Sarah Silverman, Head of School for Guidepost Montessori at Magnificent Mile. “Demonstrating the need for a Montessori school in this growing neighborhood, we had a waitlist months before our opening. We also ran a promotion for families at Optima Signature offering a free month’s tuition if they signed up by the deadline as a way to give back to the community.”

Demand also has been strong at GoodVets, which since its opening earlier this year has primarily served dogs and cats with the occasional bird and hamster. “The foot traffic off Grand Avenue – one of Streeterville’s main thoroughfares – has been tremendous, and we’ve already seen a majority of the pet owners at Optima Signature,” said David Saginur, COO of GoodVets. “What we’re hearing over and over again from Streeterville pet owners visiting GoodVets is that they love the convenience of being able to take their loved companions to a veterinarian offering a full suite of high-quality services with immediate access to the latest in medical technology.”

RUNAWAY was created by runners for runners and will offer classes using Woodway treadmills that strategically balance run intervals with athletic training. “The new-construction aesthetic and location of Optima Signature is totally in line with our brand,” said RUNAWAY co-founder Kristine Theodore. “The tall ceilings are great for treadmill-based classes and we’re excited to be just one block east of Michigan Avenue and near the riverwalk and lakefront paths for outdoor runs. Plus, being near the Whole Foods store connected to Optima Signature – where our clients can sustain their healthy lifestyle – is an added benefit.”

Along upper Illinois Street, 5,100 square feet of retail space is available at Optima Signature. Additional retail space and professional office space is available on its Grand Mezzanine, Plaza Mezzanine and 7th floors.

Designed by award-winning architect David Hovey Sr. and completed in 2017, Optima Signature is a LEED Silver® Certified luxury rental development featuring 1.5 acres of amenity space. Optima Signature’s amenities include: resort-style indoor and outdoor heated swimming pools; cabanas and bars; a cutting-edge fitness center with a sauna, steam rooms and WELLBEATS™ virtual workout studio; resident lounge with coffee bar; basketball, squash and bocce ball courts; video fitness studio; golf simulator and putting green; and outdoor terrace with lounge furnishings, fire pits and whirlpool. Another floor has a fitness center with cardio and strength-training equipment, yoga studio, indoor lap pool, whirlpool spa and children’s play area. Outdoor amenities include a 40-yard running track, dog park, children’s play area, whirlpool spa, cabanas, lounge seating, televisions, co-ed sauna and steam rooms, two full kitchens, grilling stations and dining areas.

For more information about Optima Signature’s commercial space, visit optimasignature.com/business-suites.

About Optima, Inc.:

Optima, Inc., a 40-year-old family-owned real estate firm known for achieving unique total quality control by serving as architect, developer, general contractor, and property manager or sales broker for its multifamily rental and for-sale projects in the Chicago area and Arizona. Since 1978, Optima has designed, developed and built some of the most architecturally significant urban and suburban luxury residential communities with a modern aesthetic. To date, Optima has delivered over 5,300 luxury rental and for-sale units across 31 projects, garnering numerous national and international architecture awards.

Guidepost Montessori at Magnificent Mile, a California-based school with multiple locations, will open a new location later this fall at Optima Signature, a mixed-use development in Chicago’s Streeterville neighborhood.