Chicago - Suburban New Construction & Proposed Multifamily Projects 3Q20
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Chicago - Suburban New Construction & Proposed Multifamily Projects 3Q20 21 123 62 7 ID PROPERTY UNITS 22 68 3 Hawthorn 240 67 6 Springs at Kenosha Phase II 200 7 Market Square Phase II 50 Total Lease Up 490 63 65 66 21 743 Sheridan Road 96 64 3 22 Gateway Lofts 70 23 The Falls at Pike Creek 208 6 23 24 Seasons at River View 300 25 25 Strawberry Fields 798 24 Total Planned 1,472 71 69 62 72nd Avenue 521 63 Alford Building Redevelopment 60 64 Fifth Avenue & 59th Street 63 65 Lake Terrace Project 63 66 Project Greeneway 360 67 Union Court 87 68 Union Park 111 69 104th Avenue 459 70 65th Avenue 100 70 71 94th Avenue 60 123 Parkview Commons 96 Total Prospective 1,980 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 3Q20 52 115 ID PROPERTY UNITS 118 119 20 Boulevard at Central Station 66 55 Total Under Construction 66 117 20 116 52 Willow Glen 188 109 55 The Pointe 64 56 Connecticut Street 275 110 Total Planned 527 122 109 Boulevard at Central Station Phase II 99 120 110 Melody Square Subdivision 300 113 113 Market Square Crossing 600 121 114 Richton Park Senior Housing 55 114 115 Carson Manor 50 116 Gary Manor 60 56 117 South Calumet Road & East Porter Avenue 62 118 Waverly Road 246 119 Waverly Road Phase II 72 120 Wilson Street Multi - Family Development 100 121 The Brooks at Vale Park 284 122 The Residence at Brookside Glen 144 Total Prospective 2,072 5 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 3Q20 90 89 36 9 ID PROPERTY UNITS 99 4 Village Place 216 44 8 Highland Ridge 240 9 The Reserve at Prairie Centre 96 Total Lease Up 552 98 101 13 Sixteen30 284 17 Reserve at Hudson Crossing 280 19 Montgomery Place 468 Total Under Construction 1,032 47 19 36 The Prairie Centre Phase II 499 44 One North Washington Place 186 47 Copley Hospital Redevelopment 102 17 53 Riverwalk Homes Redevelopment 177 106 54 Rock Run Crossing 600 4 Total Planned 1,564 8 89 DeKalb Commons 585 107 13 90 University Commons 187 108 98 Sugar Grove 350 112 99 The Village at Mill Creek 84 111 101 Randall Oaks 261 106 570 Colchester Drive 50 107 Redwood at Plainfield 239 53 108 Seasons of Romeoville 240 111 Redwood Neighborhood 160 112 Steeple Chase 96 54 Total Prospective 2,252 5 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 3Q20 12 38 46 45 ID PROPERTY UNITS 12 The Fynn 212 14 Cantera Residences 364 15 Everton Flats 259 16 Oak Brook Commons 250 39 16 Total Under Construction 1,085 41 40 104 38 Lilac Station 120 39 Woodmoor on Finley 288 40 Yorktown Commons Parcel 4 336 41 Yorktown Phase II 78 42 Cantera 424 15 43 Lincoln at City Gate Centre 285 42 45 Apex 400 107 14 46 The Crescent 245 100 43 48 Benton Avenue 72 51 49 McDowell Point 174 49 103 50 Metro 59 Phase II 228 105 51 Vanguard Cantera 242 Total Planned 2,599 102 100 CityGate West 410 102 5th Avenue 292 48 103 Main Street & Ogden Avenue 164 104 Autumn Oaks 170 50 105 Civic Center Redevelopment 100 Total Prospective 1,136 1 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 3Q20 ID PROPERTY UNITS 83 NWC Old Rand Road & Route 22 100 84 The Colosseum 450 1 Seasons at Randall Road 380 85 Plum Farms 230 2 Albion Highland Park 161 86 300 South Pointe Drive 80 5 Uptown 500 321 87 Dunhurst Plaza 55 Total Lease Up 862 88 Oak Avenue 80 73 91 Park Pointe 246 74 10 Maple Street Lofts 257 72 92 The Delamore 600 11 Maple Street Lofts 313 93 Irving Park Road 100 18 North Main Street 97 94 2200 East Devon Avenue 1,000 Total Under Construction 667 95 Block 56 250 26 96 The Boulevard 100 75 26 Cornerstone of Grayslake 100 97 Surrey Ridge Senior Residences 74 27 Green Bay Road 52 124 Fox River Grove Phase II 200 76 28 Solo Cup Redevelopment 501 Total Prospective 4,984 78 29 The Springs 280 60 30 South Rand Road 162 80 31 Bell Works 550 29 79 124 27 32 The Algonquin at Old Plum Grove 373 82 59 30 83 33 4 North Hickory Avenue 76 2 34 Ellinwood 212 28 77 35 One Arlington Phase II 236 81 58 86 37 Army Trail Road & Knollwood Drive 90 5 84 87 57 Residences at Pingree Creek 306 58 Residences of Deerbrook 246 88 59 Fox River Grove 300 1 60 Hawthorn Mall 600 35 18 61 33 61 Arlington 425 361 85 95 57 31 32 10 Total Planned 4,445 11 97 96 92 34 72 Belvidere Road & South Thaxter Avenue 190 73 Green Bay Trail 90 74 Green Town Redevelopment 200 93 75 Morris Station 108 91 94 76 SB Mundelein Station 201 77 Mill Street & Route 47 196 78 Crystal Village 88 79 Fox River Grove Phase III 176 37 80 Hermosa Gardens of Crystal Lake 51 81 Deer Park Town Center Townhomes 59 82 Lake Zurich Road & North Quentin Road 60 5 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 03/01/2020 2 Albion Highland Park 1850 Green Bay Road Highland Park IL 60035 Lease-Up 161 Highland Park - Libertyville 12/16/2019 07/31/2021 08/01/2019 3 Hawthorn 1070 59th Avenue Kenosha WI 53144 Lease-Up 240 Kenosha - North 11/18/2019 04/30/2021 09/01/2018 4 Village Place 1151 West Normantown Road Romeoville IL 60446 Lease-Up 216 Romeoville 06/01/2017 02/28/2021 01/01/2020 5 Uptown 500 500 West Dundee Road Wheeling IL 60090 Lease-Up 321 Arlington Heights 12/08/2018 12/31/2020 01/01/2020 6 Springs at Kenosha Phase II 12742 71st Street Kenosha WI 53142 Lease-Up 200 Bristol 07/29/2019 11/30/2020 11/01/2019 7 Market Square Phase II 3100 Market Lane Kenosha WI 53144 Lease-Up 50 Kenosha - North 03/01/2019 11/30/2020 10/01/2019 8 Highland Ridge 16234 West 143rd Street Lockport IL 60441 Lease-Up 240 Orland Park 03/01/2019 11/30/2020 09/01/2019 9 The Reserve at Prairie Centre 1988 McThursten Court St. Charles IL 60174 Lease-Up 96 St. Charles 09/30/2018 11/30/2020 05/01/2019 Total Lease-Up 1,904 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 Sixteen30 14700 Wallin Drive Plainfield IL 60544 Under Construction 284 Bolingbrook 08/14/2020 12/31/2021 14 Cantera Residences 28301 Ferry Road Warrenville IL 60555 Under Construction 364 Batavia 08/26/2019 08/31/2021 15 Everton Flats SEC Albright Street & State Route 59 Warrenville IL 60555 Under Construction 259 Batavia 10/07/2019 06/30/2021 16 Oak Brook Commons 22nd Street & Spring Road Oak Brook IL 60523 Under Construction 250 Lombard 03/06/2020 05/31/2021 17 Reserve at Hudson Crossing 94 West Jackson Street Oswego IL 60543 Under Construction 280 Yorkville 01/13/2020 04/30/2021 18 North Main Street 10 North Main Street Mount Prospect IL 60056 Under Construction 97 Arlington Heights 09/02/2019 02/28/2021 19 Montgomery Place 1175 Reading Drive Oswego IL 60538 Under Construction 468 Yorkville 11/30/2018 01/31/2021 20 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 2,850 21 743 Sheridan Road 743 Sheridan Road Kenosha WI 53140 Planned 96 Kenosha - North 22 Gateway Lofts 3515 30th Avenue Kenosha WI 53144 Planned 70 Kenosha - North 23 The Falls at Pike Creek 6965 70th Court Kenosha WI 53142 Planned 208 Kenosha - South 24 Seasons at River View 77th Street & 105th Avenue Pleasant Prairie WI 53158 Planned 300 Kenosha - South 25 Strawberry Fields 13620 75th Street Bristol WI 53140 Planned 798 Bristol 26 Cornerstone of Grayslake SWC Peterson Road & State Route 83 Grayslake IL 60030 Planned 100 Mundelein 27 Green Bay Road 440 Green Bay Road Highwood IL 60040 Planned 52 Highland Park - Libertyville 28 Solo Cup Redevelopment 1700 Old Deerfield Road Highland Park IL 60035 Planned 501 Highland Park - Libertyville 29 The Springs 1120 Central Park Drive Crystal Lake IL 60014 Planned 280 Crystal Lake 30 South Rand Road 225 South Rand Road Lake Zurich IL 60047 Planned 162 Buffalo Grove 31 Bell Works 2000 West AT&T Center Drive Hoffman Estates IL 60195 Planned 550 Carpentersville 32 The Algonquin at Old Plum Grove 1014 East Algonquin Road Schaumburg IL 60173 Planned 373 Palatine 33 4 North Hickory Avenue 4 North Hickory Avenue Arlington Heights IL 60004 Planned 76 Arlington Heights 34 Ellinwood 1415 Ellinwood Street Des Plaines IL 60016 Planned 212 Mt.