Edgewater’s luxury Hamilton House apartment tower is making significant progress, reaching approximately the 12th floor of construction. This $240 million development, spearheaded by developer Aimco, is on track for its projected occupancy in the third quarter of 2027, promising a new standard of upscale living in the vibrant Edgewater neighborhood.
Construction Milestones Reached
Work on the Hamilton House began roughly a year ago, with the installation of a construction crane in March and the commencement of vertical construction in April. Recent updates from construction management firm Grycon reveal that around 12 floors of the building’s shell have now been completed. This marks a substantial advancement, placing the tower about a third of the way towards its final height.
Project Details and Scale
Upon completion, the Hamilton House will stand as a 38-floor luxury apartment tower. The development is a joint venture between Aimco and an undisclosed leading global investment firm, which holds a 44% stake. The project boasts 291,000 rentable square feet, dedicated to just 114 exclusive luxury apartments. This generous allocation translates to an average apartment size exceeding 2,500 square feet, emphasizing spaciousness and high-end finishes.
Key Takeaways
- The Hamilton House tower in Edgewater is nearing the 12th floor of construction.
- The project is valued at $240 million.
- Aimco is the lead developer, partnering with a global investment firm.
- The tower will feature 114 luxury apartments with an average size of over 2,500 square feet.
- Projected occupancy is slated for the third quarter of 2027.