Co-Developers Present Luxury Community to Windy City Suburb
- Sep 22, 2015
Rosemont, Ill.—A joint venture officially announced the grand opening of a highly anticipated community in a prominent Windy City suburb.
Conor Commercial Real Estate, a national real estate development firm and a member of The McShane Companies, and Ravine Park Partners (RPP), a Jeff Annenberg and Greg Moyer company, teamed up on Woodview Apartments. The new 248-unit luxury residential development is located at Deerfield Road and Interstate 94 in Deerfield, Ill., and is accessed via Parkway North Boulevard by both Deerfield Road and Saunders Road. The multifamily property is situated just minutes from downtown Deerfield, the Metra Station and a variety of retail, restaurants and businesses. Leasing opportunities began in May with more than 100 leases signed within the first 100 days.
The four-story community offers an array of studio, one-, two- and three-bedroom units. Each residence features upscale finishes and appliances including quartz countertops, stainless steel appliances, plank flooring, in-unit washers and dryers, numerous private balcony and patio spaces, and high-end windows for quiet living.
Resident parking is within a central core structured parking deck supporting 387 vehicles. The wrap design permits residents to exit on their floor and removes the parking structure’s visibility while improving the aesthetics of the modern Class A property. Additional on-site parking is provided for 31 vehicles.
A two-story community clubhouse provides tenant amenities such as a state-of-the-art fitness center, iLounge, coffee bar, multimedia room, demonstration kitchen, and private lounge with a shuffle board and pool table.
Outdoor amenities include a resort-style swimming pool and hot tub, outdoor kitchen with dining and seating areas, fire pits, bike storage and a repair shop. Landscaped courtyards are available with miles of adjacent jogging paths and bike trails. The development also showcases an indoor pet washing station and a secured dog park, as well as a car wash and electric car charging.
“On behalf of Conor Commercial and RPP, we are pleased to mark the grand opening of the Woodview Apartments,” said Molly McShane, chief investment officer of Conor Commercial Real Estate. “We are confident that the residents of Deerfield and nearby communities will benefit from this exceptional development by offering a sophisticated rental environment incorporating features of urban living while maintaining the serenity and recreational opportunities of its suburban location.”
Greg Moyer of RPP said, “Deerfield offers the important combination of highly-regarded schools, abundant recreational opportunities, and convenient access to Downtown Chicago, the I-294 Tollway and to the Metra for easy transit to the City. Due to these locational advantages, we are attracting and leasing to millennials, baby boomers and everyone in between. Woodview Apartments can truly be a home for all age groups.”
McShane Construction Company served as general contractor while HPA Architecture provided comprehensive architectural services for the luxury development. Laramar Management Services, LCC, a subsidiary of The Laramar Group, is serving as the exclusive management company tasked with overseeing the property’s leasing and management activities.
“We’re excited to help introduce a property that exceeds expectations from the growing renter demand for suburban core living in Deerfield,” said Steve Boyack, Laramar senior vice president of asset management. “Conor Commercial Real Estate and Ravine Park Partners have trusted our extensive knowledge and experience in the market, and Woodview Apartments’ residents will be pleased with the levels of modern design and attention to detail that has been delivered.”