Construction work on The Lofts on Madison located in Illinois, the US commenced in Q4 2024, after the project was announced in Q1 2022. According to GlobalData, who tracks and profiles more than 220,000 major construction projects from announcement to completion, the project is expected to be completed by Q1 2026. To learn more about the The Lofts on Madison project, buy the profile here.

The project involves the construction of an 11,148m2 six-story apartment complex comprising 136 residential units on 0.5ha of land in Illinois, the US.

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The project includes the following:

1. Construction of a 1,394m2 of retail space
2. Construction of 87 one-bedroom units
3. Construction of 30 two-bedroom units
4. Construction of 19 three-bedroom units
5. Construction of a rooftop pavilion
6. Construction of a gym
7. Construction of a community room
8. Construction of a library
9. Construction of 274 parking spaces
10. Installation of elevators
11. Installation of safety and security systems

Construction on the project, spread across 0.5 hectares, is expected to be completed by Q1 2026.

The US-based Gallo Herbert Architects is the architect and engineering design consultant for the The Lofts on Madison, while Springfield City Council is the planning authority.

For more details on the The Lofts on Madison project, buy the profile here.

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.