Suburban New Construction & Proposed Multifamily Projects 4Q20
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Chicago - Suburban New Construction & Proposed Multifamily Projects 4Q20 24 124 64 ID PROPERTY UNITS 5 25 3 Hawthorn 240 67 65 66 5 Market Square Phase II 50 9 Springs at Kenosha Phase II 200 Total Lease Up 490 63 60 62 24 743 Sheridan Road 96 3 61 25 Gateway Lofts 70 26 The Falls at Pike Creek Phase II 208 9 26 27 Seasons at River View 300 28 28 Strawberry Fields 798 27 Total Planned 1,472 70 68 60 Alford Building Redevelopment 60 61 Fifth Avenue & 59th Street 63 62 Lake Terrace Project 63 63 Project Greeneway 360 64 Sommersville 521 65 Union Court 87 66 Union Park 111 67 Uptown Lofts 104 69 68 104th Avenue 459 69 65th Avenue 100 70 94th Avenue 60 124 Parkview Commons 96 Total Prospective 2,084 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 4Q20 82 Lake Zurich Road & North ID PROPERTY UNITS Quentin Road 60 1 Seasons at Randall Road 380 83 NWC Old Rand Road & Route 22 100 2 Albion Highland Park 161 84 The Colosseum 450 72 73 85 Plum Farms 230 6 Uptown 500 321 71 Total Lease Up 862 86 300 South Pointe Drive 80 87 625 Wheeling Road 50 10 Maple Street Lofts 257 88 Dunhurst Plaza 55 11 Maple Street Lofts 313 89 Oak Avenue 69 29 19 North Main Street 97 92 Park Pointe 246 Total Under Construction 667 93 The Delamore 600 94 2200 East Devon Avenue 1,000 75 95 Block 56 250 29 Cornerstone of Grayslake 100 76 96 The Boulevard 100 30 Green Bay Road 52 97 Surrey Ridge Senior Residences 74 78 58 31 Solo Cup Redevelopment 501 125 Fox River Grove Phase II 200 74 32 The Springs 280 Total Prospective 5,111 80 33 South Rand Road 162 34 Bell Works 550 32 79 125 30 35 The Algonquin at Old Plum Grove 373 57 33 83 82 36 4 North Hickory Avenue 76 2 37 Ellinwood 212 31 38 One Arlington Phase II 236 77 81 55 Residences at Pingree Creek 306 86 56 56 Residences of Deerbrook 246 6 84 88 57 Fox River Grove 300 87 58 Hawthorn Mall 600 59 Arlington 425 361 89 Total Planned 4,355 1 38 59 71 Belvidere Road & South Thaxter Avenue 190 36 85 55 35 19 72 Green Bay Trail 90 34 95 73 Green Town Redevelopment 200 10 97 11 74 Everleigh of Vernon Hills 188 96 93 37 75 Morris Station 108 76 SB Mundelein Station 201 77 Mill Street & Route 47 196 78 Crystal Village 88 79 Fox River Grove Phase III 176 92 94 80 Hermosa Gardens of Crystal Lake 51 81 Deer Park Town Center Townhomes 59 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 4Q20 21 91 90 39 8 12 ID PROPERTY UNITS 40 8 The Reserve at Prairie Centre 98 102 46 Total Lease Up 98 99 45 42 17 12 The Fynn 212 44 22 13 Cantera Riverview West 424 41 105 13 15 Cantera Residences 364 16 16 Everton Flats 259 98 15 101 100 17 Oak Brook Commons 250 43 50 104 48 18 Reserve at Hudson Crossing 280 106 20 Montgomery Place 468 103 21 Bloomindgale Trails 90 49 22 The 450 288 Total Under Construction 2,635 47 39 The Prairie Centre Phase II 499 90 DeKalb Commons 585 20 40 Lilac Station 120 91 University Commons 187 41 Yorktown Commons Parcel 4 336 98 Sugar Grove 350 42 Yorktown Phase II 78 99 The Village at Mill Creek 84 18 43 Lincoln at City Gate Centre 285 100 CityGate West 410 107 44 One North Washington Place 186 101 Randall Oaks 261 45 Apex 400 107 102 Glenwood Station 86 46 The Crescent 245 103 5th Avenue 292 47 Copley Hospital Redevelopment 102 104 Main Street & Ogden Avenue 164 48 McDowell Point 174 105 Autumn Oaks 170 49 Metro 59 Phase II 228 106 Civic Center Redevelopment 100 50 Vanguard Cantera 242 107 570 Colchester Drive 50 Total Planned 2,602 Total Prospective 2,739 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 4Q20 4 7 53 108 ID PROPERTY UNITS 14 109 4 Village Place 216 7 Highland Ridge 240 113 110 23 Total Lease Up 456 112 111 14 Sixteen30 284 123 23 Boulevard at Central Station 66 51 Total Under Construction 350 114 51 Riverwalk Homes Redevelopment 177 52 52 Rock Run Crossing 600 115 53 The Pointe 64 Total Planned 841 108 Redwood at Plainfield 239 109 Seasons of Romeoville 240 110 Boulevard at Central Station Phase II 99 111 Melody Square Subdivision 300 112 Redwood Neighborhood 160 113 Steeple Chase 96 114 Market Square Crossing 600 115 Richton Park Senior Housing 55 123 The Residence at Brookside Glen 144 Total Prospective 1,933 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 4Q20 116 119 120 118 117 121 122 ID PROPERTY UNITS 54 54 Connecticut Street 275 Total Planned 275 116 Carson Manor 50 117 Gary Manor 60 118 South Calumet Road & East Porter Avenue 62 119 Waverly Road 246 120 Waverly Road Phase II 72 121 Wilson Street Multi - Family Development 100 122 The Brooks at Vale Park 284 Total Prospective 874 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 1 Seasons at Randall Road 400 Randall Road West Dundee IL 60118 Lease-Up 380 Carpentersville 12/05/2019 08/31/2021 02/13/2020 2 Albion Highland Park 1850 Green Bay Road Highland Park IL 60035 Lease-Up 161 Highland Park - Libertyville 12/16/2019 07/31/2021 08/06/2020 3 Hawthorn 1070 59th Avenue Kenosha WI 53144 Lease-Up 240 Kenosha - North 11/18/2019 04/30/2021 06/05/2020 4 Village Place 1151 West Normantown Road Romeoville IL 60446 Lease-Up 216 Romeoville 06/01/2017 02/28/2021 09/23/2019 5 Market Square Phase II 3100 Market Lane Kenosha WI 53144 Lease-Up 50 Kenosha - North 03/01/2019 01/31/2021 08/01/2020 6 Uptown 500 500 West Dundee Road Wheeling IL 60090 Lease-Up 321 Arlington Heights 12/08/2018 01/31/2021 03/06/2020 7 Highland Ridge 16234 West 143rd Street Lockport IL 60441 Lease-Up 240 Orland Park 03/01/2019 01/31/2021 08/19/2019 8 The Reserve at Prairie Centre 1988 McThursten Court St. Charles IL 60174 Lease-Up 98 St. Charles 09/30/2018 01/31/2021 05/14/2019 9 Springs at Kenosha Phase II 12742 71st Street Kenosha WI 53142 Lease-Up 200 Bristol 07/29/2019 12/31/2020 02/03/2020 Total Lease-Up 1,906 10 Maple Street Lofts 207 East Prospect Avenue Mount Prospect IL 60056 Under Construction 257 Mt. Prospect 03/16/2020 03/31/2022 11 Maple Street Lofts 215 East Prospect Avenue Mount Prospect IL 60056 Under Construction 313 Mt. Prospect 02/03/2020 02/28/2022 12 The Fynn 183 North Addison Avenue Elmhurst IL 60126 Under Construction 212 Lombard 01/15/2020 12/31/2021 13 Cantera Riverview West 28294 Ferry Road Warrenville IL 60555 Under Construction 424 Batavia 08/26/2019 12/31/2021 14 Sixteen30 14700 Wallin Drive Plainfield IL 60544 Under Construction 284 Bolingbrook 08/14/2020 12/31/2021 15 Cantera Residences 28301 Ferry Road Warrenville IL 60555 Under Construction 364 Batavia 08/26/2019 08/31/2021 16 Everton Flats SEC Albright Street & State Route 59 Warrenville IL 60555 Under Construction 259 Batavia 10/07/2019 06/30/2021 17 Oak Brook Commons 2100 McDonald Drive Oak Brook IL 60523 Under Construction 250 Lombard 03/06/2020 05/31/2021 18 Reserve at Hudson Crossing 94 West Jackson Street Oswego IL 60543 Under Construction 280 Yorkville 01/13/2020 04/30/2021 19 North Main Street 10 North Main Street Mount Prospect IL 60056 Under Construction 97 Arlington Heights 09/02/2019 02/28/2021 20 Montgomery Place 1175 Reading Drive Oswego IL 60538 Under Construction 468 Yorkville 11/30/2018 01/31/2021 21 Bloomindgale Trails 290 Stonington Drive Bloomingdale IL 60108 Under Construction 90 Glendale Heights 01/06/2020 12/31/2020 22 The 450 1S601 Finley Road Lombard IL 60148 Under Construction 288 Lombard 07/22/2019 12/31/2020 23 Boulevard at Central Station 6701 South Street Tinley Park IL 60477 Under Construction 66 Orland Park 11/22/2019 12/31/2020 Total Under Construction 3,652 24 743 Sheridan Road 743 Sheridan Road Kenosha WI 53140 Planned 96 Kenosha - North 25 Gateway Lofts 3515 30th Avenue Kenosha WI 53144 Planned 70 Kenosha - North 26 The Falls at Pike Creek Phase II 6965 70th Court Kenosha WI 53142 Planned 208 Kenosha - South Source: Yardi Matrix Yardi Source: Chicago - Suburban New Construction & Proposed Multifamily Projects PERMIT FORECASTED START OF ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET DATE COMPLETION DATE RENT-UP 27 Seasons at River View 77th Street & 105th Avenue Pleasant Prairie WI 53158 Planned 300 Kenosha - South 28 Strawberry Fields 13620 75th Street Bristol WI 53140 Planned 798 Bristol 29 Cornerstone of Grayslake SWC Peterson Road & State Route 83 Grayslake IL 60030 Planned 100 Mundelein 30 Green Bay Road 440 Green Bay Road Highwood IL 60040 Planned 52 Highland Park - Libertyville 31 Solo Cup Redevelopment 1700 Old Deerfield Road Highland Park IL 60035 Planned 501 Highland Park - Libertyville 32 The Springs 1120 Central Park Drive Crystal Lake IL 60014 Planned 280 Crystal Lake 33 South Rand Road 225 South Rand Road Lake Zurich IL 60047 Planned 162 Buffalo Grove 34 Bell Works 2000 West AT&T Center Drive Hoffman Estates IL 60195 Planned 550 Carpentersville 35 The Algonquin at Old Plum Grove 1014 East Algonquin Road Schaumburg IL 60173 Planned 373 Palatine 36 4 North Hickory Avenue 4 North Hickory Avenue Arlington Heights IL 60004 Planned 76 Arlington Heights 37 Ellinwood 1415 Ellinwood Street Des Plaines IL 60016 Planned 212 Mt.