In 1987, Broadacre pioneered the development of CityFront Center, one of the largest waterfront industrial land parcels in downtown Chicago, through the acquisition and redevelopment of the 500,000 square foot North Pier Terminal warehouse building.

Located at the confluence of Lake Michigan and the Chicago River, CityFront Center was bounded by the Chicago River, Grand Avenue, Columbus Drive, and Lake Shore Drive, and contained approximately 30 acres of antiquated industrial land dating back to the Port of Chicago.

Constructed in 1905, historic North Pier Terminal was converted to 280,000 SF of high-end loft office space and 170,000 SF of specialty retail, entertainment, and restaurant space. Renamed North Pier Chicago, this mixed-use waterfront development became home to the Chicago Children's Museum, The Chicago Bicycle Museum, and The Maritime Museum.

Broadacre supplemented the North Pier Chicago development with the construction of the adjoining 62-story North Pier Apartment Tower. This $58 mission project contains over 800,000 gross SF, including 505 luxury rental apartments, an enclosed 630-car garage, a 10,000 SF athletic club with 70-foot indoor pool, private boat docks, and a 10,000 SF roof deck.

North Pier Apartment Tower met rigorous architectural and landscape design guidelines promulgated by CityFront Center and approved by the City of Chicago.
Apartment types feature studio, convertible, one, two and three bedroom units totaling 484,788 rentable SF. Amenities include 24-hour doorman and security services, discount bulk Cable TV, party room, sun deck, athletic club and free heat and air conditioning. Pioneering amenities offered by North Pier Apartment Tower included in-unit washers and dryers (1999) and high-speed Internet connections through Broadacre Communications, LLC, a separate unit of Broadacre.

The entire project was completed on time and on budget. In a very competitive Chicago rental market, North Pier Apartment tower enjoyed a stable 90-95% occupancy rate with many long-term residents. Broadacre managed the building until its conversion to condos in November 2005.