Suburban New Construction & Proposed Multifamily Projects 2Q20
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Chicago - Suburban New Construction & Proposed Multifamily Projects 2Q20 24 116 66 ID PROPERTY UNITS 2 Hawthorn 240 23 3 Springs at Kenosha Phase II 200 68 6 The Vista at Creekside 140 10 Breeze Terrace 213 Total Lease Up 793 67 65 2 64 23 Market Square Phase II 50 Total Under Construction 50 3 27 25 24 743 Sheridan Road 96 26 25 The Falls at Pike Creek 224 70 26 Seasons at River View 300 27 Strawberry Fields 916 Total Planned 1,536 6 64 Fifth Avenue & 59th Street 63 65 Lake Terrace Project 63 66 North Trails Subdivision 55 67 Project Greeneway 360 69 10 68 Union Park 111 69 65th Avenue 100 70 94th Avenue 60 116 Parkview Commons 96 Total Prospective 908 1mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 2Q20 52 108 111 55 112 110 105 109 106 ID PROPERTY UNITS 115 12 Lake Park Senior 95 113 12 Total Lease Up 95 114 58 57 52 Willow Glen 188 56 55 The Pointe 64 56 Connecticut Street 275 57 Hobart Safe Haven 75 58 Savannah Cove Subdivision 72 Total Planned 674 105 Boulevard at Central Station Phase II 99 106 Melody Square Subdivision 300 108 Carson Manor 50 109 Gary Manor 60 110 South Calumet Road & East Porter Avenue 62 111 Waverly Road 246 112 Waverly Road Phase II 72 113 Wilson Street Multi - Family Development 100 114 The Brooks at Vale Park 284 115 The Residence at Brookside Glen 144 Total Prospective 1,417 5 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 2Q20 ID PROPERTY UNITS 5 Highland Ridge 240 7 Village Place 216 11 The Reserve at Prairie Centre 96 Total Lease Up 552 15 The Flynn 213 16 Cantera Residences 364 17 Everton Flats 259 18 Oak Brook Commons 250 88 37 19 Reserve at Hudson Crossing 280 87 36 20 Montgomery Place 468 11 15 38 21 Boulevard at Central Station 66 45 Total Under Construction 1,900 96 44 39 40 18 97 42 41 36 The Prairie Centre Phase II 499 100 95 43 17 16 37 Army Trail Road & Knollwood Drive 90 98 10199 48 50 101 38 Lilac Station 120 47 46 39 Woodmoor on Finley 288 49 40 Yorktown Commons Parcel 4 336 41 Yorktown Phase II 78 20 42 Cantera 424 43 Lincoln at City Gate Centre 285 19 44 Apex 400 107 102 45 The Crescent 245 7 46 Benton Avenue 72 103 5 51 47 Cantera Residential 242 104 48 McDowell Point 174 107 49 Metro 59 Phase II 228 21 50 Regency Inn Motel 112 97 One North Washington Place 190 51 Sixteen30 284 98 Randall Oaks 261 53 53 Riverwalk Homes Redevelopment 177 99 Main Street & Ogden Avenue 164 54 54 Rock Run Crossing 600 100 Autumn Oaks 170 Total Planned 4,361 101 Civic Center Redevelopment 100 102 570 Colchester Drive 50 87 DeKalb Commons 585 103 Redwood at Plainfield 239 88 University Commons 187 104 Seasons of Romeoville 240 95 Sugar Grove 350 107 Steeple Chase 96 96 The Village at Mill Creek 84 Total Prospective 2,716 5 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective Chicago - Suburban New Construction & Proposed Multifamily Projects 2Q20 ID PROPERTY UNITS 84 300 South Pointe Drive 80 85 Dunhurst Plaza 55 1 Seasons at Randall Road 380 86 Oak Avenue 80 4 Uptown 500 321 89 Park Pointe 246 8 Residences at Crystal Lake 60 90 The Delamore 600 9 Element at Veridian 260 91 Irving Park Road 100 Total Lease Up 1,021 71 92 2200 East Devon Avenue 1,000 72 93 Block 56 250 13 Maple Street Lofts 257 94 The Boulevard 100 14 Maple Street Lofts 313 117 Karger Center 161 22 North Main Street 97 118 Fox River Grove Phase II 200 28 Total Under Construction 667 Total Prospective 5,043 28 Cornerstone of Grayslake 100 29 Green Bay Road 52 73 30 Solo Cup Redevelopment 501 75 62 31 South Rand Road 162 8 32 Bell Works 550 77 76 33 4 North Hickory Avenue 76 118 79 29 80 34 Ellinwood 212 61 31 117 35 One Arlington Phase II 236 30 59 Residences at Pingree Creek 306 74 60 Deerbrook Shopping Center 246 78 84 60 85 4 61 Fox River Grove 300 81 62 Hawthorn Mall 600 86 63 Arlington 425 361 1 Total Planned 3,702 35 83 63 33 82 22 93 71 Green Bay Trail 90 59 32 9 72 Green Town Redevelopment 200 14 94 13 73 Allanson Road Townhomes 98 90 34 74 Mill Street & Route 47 196 75 Crystal Village 88 91 76 Fox River Grove Phase III 176 92 77 Hermosa Gardens of Crystal Lake 51 89 78 Deer Park Town Center Townhomes 59 79 Lake Zurich Road & North Quentin Road 60 80 NWC Old Rand Road & Route 22 100 81 The Colosseum 450 82 Plum Farms 230 83 The Algonquin at Old Plum Grove 373 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 02/13/2020 2 Hawthorn 1070 59th Avenue Kenosha WI 53144 Lease-Up 240 Kenosha - North 11/18/2019 04/30/2021 06/05/2020 3 Springs at Kenosha Phase II 12742 71st Street Kenosha WI 53142 Lease-Up 200 Bristol 07/29/2019 12/31/2020 02/03/2020 4 Uptown 500 501 West Dundee Road Wheeling IL 60090 Lease-Up 321 Arlington Heights 12/08/2018 11/30/2020 03/06/2020 5 Highland Ridge 16234 West 143rd Street Lockport IL 60441 Lease-Up 240 Orland Park 03/01/2019 11/30/2020 08/19/2019 6 The Vista at Creekside 6941 91st Street Pleasant Prairie WI 53143 Lease-Up 140 Kenosha - South 10/21/2019 08/31/2020 06/19/2020 7 Village Place 1151 West Normantown Road Romeoville IL 60446 Lease-Up 216 Romeoville 06/01/2017 08/31/2020 09/23/2019 8 Residences at Crystal Lake 355 Station Drive Crystal Lake IL 60014 Lease-Up 60 Crystal Lake 07/01/2019 07/31/2020 03/02/2020 9 Element at Veridian 2200 Progress Pkwy Schaumburg IL 60173 Lease-Up 260 Palatine 06/17/2019 07/31/2020 01/08/2020 10 Breeze Terrace 10981 116th Avenue Pleasant Prairie WI 53158 Lease-Up 213 Kenosha - South 10/23/2018 07/31/2020 09/16/2019 11 The Reserve at Prairie Centre 1988 McThursten Court St. Charles IL 60174 Lease-Up 96 St. Charles 09/30/2018 07/31/2020 05/14/2019 12 Lake Park Senior 51 West 10th Street Hobart IN 46342 Lease-Up 95 Gary - South 08/01/2016 07/31/2020 05/01/2018 Total Lease-Up 2,461 13 Maple Street Lofts 207 East Prospect Avenue Mount Prospect IL 60056 Under Construction 257 Mt. Prospect 03/16/2020 03/31/2022 14 Maple Street Lofts 215 East Prospect Avenue Mount Prospect IL 60056 Under Construction 313 Mt. Prospect 02/03/2020 02/28/2022 15 The Flynn North Addison Avenue & West Second Street Elmhurst IL 60126 Under Construction 213 Lombard 01/15/2020 12/31/2021 16 Cantera Residences 28301 Ferry Road Warrenville IL 60555 Under Construction 364 Batavia 08/26/2019 08/31/2021 17 Everton Flats SEC Albright Street & State Route 59 Warrenville IL 60555 Under Construction 259 Batavia 10/07/2019 06/30/2021 18 Oak Brook Commons 22nd Street & Spring Road Oak Brook IL 60523 Under Construction 250 Lombard 03/06/2020 05/31/2021 19 Reserve at Hudson Crossing 94 West Jackson Street Oswego IL 60543 Under Construction 280 Yorkville 01/13/2020 04/30/2021 20 Montgomery Place 1175 Reading Drive Oswego IL 60538 Under Construction 468 Yorkville 11/30/2018 12/31/2020 21 Boulevard at Central Station 6701 South Street Tinley Park IL 60477 Under Construction 66 Orland Park 11/22/2019 12/31/2020 22 North Main Street 10 North Main Street Mount Prospect IL 60056 Under Construction 97 Arlington Heights 09/02/2019 08/31/2020 23 Market Square Phase II 3100 Market Lane Kenosha WI 53144 Under Construction 50 Kenosha - North 03/01/2019 07/31/2020 Total Under Construction 2,617 24 743 Sheridan Road 743 Sheridan Road Kenosha WI 53140 Planned 96 Kenosha - North 25 The Falls at Pike Creek 6965 70th Court Kenosha WI 53142 Planned 224 Kenosha - South 26 Seasons at River View 77th Street & 105th Avenue Pleasant Prairie WI 53158 Planned 300 Kenosha - South 27 Strawberry Fields 13620 75th Street Bristol WI 53140 Planned 916 Bristol 28 Cornerstone of Grayslake SWC Peterson Road & State Route 83 Grayslake IL 60030 Planned 100 Mundelein 29 Green Bay Road 440 Green Bay Road Highwood IL 60040 Planned 52 Highland Park - Libertyville 30 Solo Cup Redevelopment 1700 Old Deerfield Road Highland Park IL 60035 Planned 501 Highland Park - Libertyville 31 South Rand Road 225 South Rand Road Lake Zurich IL 60047 Planned 162 Buffalo Grove 32 Bell Works 2000 West AT&T Center Drive Hoffman Estates IL 60192 Planned 550 Carpentersville 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 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.