Kinzie Builders says it has topped off 10 North Main, a $20 million rental community in the Chicago suburb of Mount Prospect.
The project with 97 units is expected to be completed in January, 2021, and the builder says it “is one of several new or recently completed projects in the suburb’s burgeoning downtown area, specifically within the Prospect and Main TIF district.”
Kinzie also said it has started construction of Avere on Duane, a $15 million four-story, 48-unit rental development in the Glen Ellyn, also is on track for a January 2021 opening.
“Luxury rental construction in Chicago and the suburbs has definitely been on the rise over the past decade,” Kinzie Builders Steve Spinell said in a statement.
10 North Main is a podium-style building with an above-grade open-air precast parking garage. Kinzie Builders says it is developing 10 North Main for owner First Equity Group LLC and developer Harlem Irving Companies. The architect is OKW Architects. Other partners include ECL Engineer Consultants, Pierce Engineering, LETech, Inc., V3 Companies and Kathryn Talty Landscape Architecture.
Avere on Duane is one of several new projects being developed in downtown Glen Ellyn, Kinzie says.
A podium-style building on 1.17 acres, Avere on Duane has an underground precast parking garage and four stories of wood frame residential above deck. The building will offer large floor plans ranging from 868-square-foot one-bedroom units to 1,615-square-foot two-bedrooms plus a den.
Kinzie Builders is building Avere on Duane for Chicago-based owner/developer REVA Development Partners. The architect is BSB Design, Inc. Other partners include RTM & Associates Engineering Consultants, LETech Inc., Pierce Engineering, Loren Stanton Design, Haeger Engineering and Lakota Group.
“We’re pleased this project is on track, despite the challenges of the pandemic,” said Spinell. “I credit our team and a great group of contractors that have worked tirelessly in less-than-ideal circumstances. Their passion and sense of ownership in the project have made a big difference this spring and summer, and they’ve made it possible for us to keep our commitment to the community and REVA.”