Tag Archives: Apartment

New apartments, townhomes, museum, and library proposed for Chicago’s Little Italy

Developers are looking to make big investments in the Near West Side neighborhood
BY JAY KOZIARZ JUN 7, 2017

The 410 units of the rebranded SCIO apartments are being renovated and will be joined by a new 19-story tower. 

While the West Loop continues to heat up, some of the energy is migrating south over the Eisenhower Expressway to Chicago’s University Village/Little Italy neighborhood. With its proximity to downtown and the Illinois Medical District, transit options, and an established commercial corridor on Taylor Street, developers are taking notice. At a meeting last night, several upcoming developments were shown to residents—many of which were surprisingly eager to see their neighborhood’s vacant and underutilized land revitalized.

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A tale of two luxury markets

by Jason Porterfield

The story of the luxury real estate market in Chicagoland is really a tale of two markets. The city’s skyline is dotted with cranes as new buildings go up to accommodate more high-end apartments and condos. But in the suburbs, a dearth of new homes has led to strong demand among luxury buyers for existing homes and the few new developments that are under way.

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Park Luxe

Sherry Thomas • May 1, 2017

A new development steps from Market Square caters to a new generation of Lake Foresters.

Lake Forest’s historic Market Square and downtown area is iconic for many reasons. But soon the anchor of the city will have an elegant new addition unlike anything its seen before — a luxury living community at the corner of Laurel and Western avenues that combines the best of Arts & Crafts tradition with a refined, maintenance-free lifestyle.

Kelmscott Park, the product of Tim Anderson of Focus Development, will offer a variety of new construction options, from nearly 4,000 square-foot single family residences to chic apartments with an in-town vibe. And to keep the development in harmony with Lake Forest’s legacy of distinguished residences, Anderson and his team even brought in some North Shore architecture and landscape design fixtures—Booth Hansen and Mariani Landscape.
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REI, Nordstrom Rack to Open at New Upscale Mall

Amie Rowland April 25, 2017 11:09 am ET

VERNON HILLS, IL – Area shoppers will soon have more retail options as a new upscale mall recently broke ground in Vernon Hills. Located on nearly 33 acres at the northeast corner of Milwaukee Avenue and Townline Road, Mellody Farm has already signed on some major tenants, including Whole Foods, outdoor retailer REI, Home Goods and Nordstrom Rack with plans to announce more stores and restaurants in the coming months.The $200 million project will also include a residential component with 260 apartments on site, according to the Vernon Hills Review.

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The Parker Qualifies as ULI Vision Award Finalist

The Parker at Fulton Market has been selected as a finalist for ULI’s 2017 Vision Award. Projects selected for this award are examples of excellence across “the full development process – construction, economic viability, marketing, and management—as well as design – and promote best practices in development”. Winners in this category utilize creativity across process, partnerships, problem-solving and design.

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Focus and Regency Centers to Kick Off New Project in Vernon Hills

On April 21, 2017, the Focus team will join Regency Centers, Atlantic Realty Partners, and members of the Vernon Hills community to celebrate the ground breaking of Mellody Farm, a mixed use development community is a project consisting of 274,000 SF of retail space and 260 luxury rental apartments at the historic Hawthorn Mellody Farm Dairy site.

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New Fulton Market apartment tower on the market

April 18, 2017

By

The developers of a 29-story apartment tower in the Fulton Market neighborhood have put the “For Sale” sign up, even before taking the “For Rent” sign down.

A group led by Chicago-based Shapack Partners has hired CBRE to sell the Parker Fulton Market, a 227-unit tower at the southwest corner of Lake and Halsted streets that opened last summer.

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Kelmscott Park Breaks Ground

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Orren Pickell (Orren Pickell Building Group), Tim Anderson (Focus), Mayor Don Schoenheider (Lake Forest), Jack Reisenberg (Lake Forest 3rd ward Alderman) and Christine Kolb (Focus) scoop a ceremonial first dig at the Kelmscott Park residential property site November 3 morning in Lake Forest.

LAKE FOREST — Lake Forest officials and representatives of the real estate and development communities broke ground November 3 on Kelmscott Park, which will add a mix of 165 new housing opportunities at the northwest corner of Laurel and Western Avenues.

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