Transit-Oriented Development in Downers Grove Combine High-End Residences and Retail with Walkability
DOWNERS GROVE, IL – High Street Residential, the wholly-owned residential subsidiary of Trammell Crow Company, announces that construction has commenced for Maple&Main, a 6-story, Class A+ mixed-use transit-oriented apartment building located at the epicenter of downtown Downers Grove, IL. The project will include 115 apartment units, best-in-class resident amenities and approximately 4,000 square feet of ground floor retail/restaurant space. The project will be ready for occupancy in 2Q 2018.
“We are excited to be part of the ongoing growth throughout Downers Grove,” said
Grady Hamilton, Managing Director with High Street Residential’s
Midwest Business Unit. “Maple&Main is a unique housing option in an attractive location. We are investing in the future of Downers Grove and hope to make a meaningful impact in this community by continuing to invigorate the downtown.”
The project, which sits on a 0.87-acre site, will offer alcove, 1-bedroom, 1-bedroom plus den, 2-bedroom and 3-bedroom units. Resident amenities will include: a pet spa and bike workshop lounge in the basement level, a hotel-like lobby and coffee station on the first level, a fitness center, yoga studio, club room, chef kitchen, a resort style pool deck with an outdoor kitchen located on the second level, and a sky deck located on the sixth level with unencumbered views of the surrounding area. Maple&Main residents will have access to on-site management, indoor heated parking, private storage lockers, and a guest suite available for visitors.
“Maple&Main capitalizes on a thriving, infill location, surrounded by amenities and strong demographics,” added
John Carlson, a Principal with High Street Residential’s
Midwest Business Unit. “We have enjoyed working with the village and appreciate their support and involvement. We are excited to officially begin construction.”
Downers Grove is one of the most efficient transportation locations in Metro Chicago, sitting only 20 miles from O’Hare International Airport and Midway International Airport, and within minutes from major federal expressways-Interstate 88, Interstate 294 and Interstate 355. The project is within walking distance to the Downers Grove Main Street Metra Station – the third busiest Metra station outside of downtown Chicago.
ESG Architects serves as the project architect and Carlson Construction serves as the general contractor.
David Paino, Vice President, and
Jerry Ebert, Senior Vice President, are overseeing project development on behalf of High Street Residential. Jacob Dell, at CBRE Chicago is responsible for retail leasing.
About High Street Residential
At High Street Residential, a wholly-owned residential subsidiary of Trammell Crow Company, our expertise is mixed-use projects on premier sites in major U.S. cities, very often adjacent to transit hubs. In the last decade the company completed more than 5,100 units representing more than $1.2 billion in value. We manage the development of apartments, condominiums and townhomes and have a have a deep background in urban, infill mixed-use residential development, as well as the redevelopment or repurposing of existing facilities. We have a current pipeline of over 3,000 units valued at nearly $1 billion. For more information, visit www.highstreetresidential.com.