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Firm’s second growth fund is nearly 40% larger than initial round in 2021. The Henry at Harms Woods will include 245 luxury apartments, 49 build-to-rent townhomes, and approximately 13,000 square feet of commercial space in Skokie, Illinois.
Located just east of I-75 on Big Bend Road, The Whitt will comprise three four-story buildings with a mix of one-, two- and three-bedroom floor plans averaging 989 square feet.
Boutique luxury rental community in suburban Chicago to welcome first residents in late summer 2024
Wingspan Development Announces Sale of Jade at North Hyde Park, 192-Unit Luxury Rental Community in Tampa
Strong pre-leasing and unique furniture in select apartments help NICHE reach 75% lease milestone.
Wingspan Development Group announced the sale of Sixteen30, a Class A apartment community of 284 units in Plainfield, Illinois, to Wisconsin-based Continental Properties.
Wingspan Development Group and ABC Capital Corp. announce that Tango Brew, a coffee and wine bar with an Argentinian/Italian flair, will lease approximately 1,600 square feet of ground-floor retail space at Jade at North Hyde Park in Tampa’s burgeoning North Hyde Park neighborhood.
Wingspan Development Group has hired Mirela Vukovic as corporate property and asset manager, a newly created role. Vukovic will be responsible for managing and ensuring the financial strength of Wingspan’s national multifamily portfolio – including 1,500 completed units, 900 units under construction and 2,800 planned units – overseeing third-party management firms, ensuring resident satisfaction, controlling expenses and optimizing revenue.
After a decade of growth, construction starts for suburban Chicago apartments are expected to be lower in 2023-2024 due to rising interest rates and a pullback by banks on construction loans. But because demand and rent growth remain historically high, developers with access to capital are expected to benefit from the lack of new deliveries and enjoy a still-strong, less-competitive market.
A joint venture between Tucker Development and Wingspan Development Group will bring a four-story mixed-use development that includes 245 luxury apartments, 49 rental townhomes and commercial space to Skokie, Ill.
Elk Grove Village Mayor Craig Johnson announced Mount Prospect-based Wingspan Development Group as the developer that would purchase and redevelop the Elk Grove Woods Plaza.
Wingspan’s 267-unit multifamily project for Elk Grove Village is selected out of four proposals.
Suburban Chicago has seen a boom in apartment construction in recent years, with cranes dotting the skies from Mount Prospect to Orland Park and 11,600 new units built or under construction since 2020. But with rising interest rates and construction costs, continued supply chain challenges and economic uncertainty, will suburban multifamily development lag in 2023?
One of the newest projects to bring exciting energy to Wheeling is London Crossing, an innovative mixed-use development with live/work/learn components that taps Nicholas’ 40 years of successful K-12 education developments, plus Wingspan Development Group’s expertise in multifamily and mixed-use development.
Wingspan joined local officials and project partners for a ribbon-cutting ceremony for Sixteen30, a new Class A, 284-unit rental community in Plainfield, IL.
A nearly 300-unit development proposed by Wingspan Development Group could be coming to Wauwatosa, Wisconsin’s Mayfair Collection in the form of two five-story buildings.
Popular Gulf Coast neighborhood welcomes new 192-unit multifamily community with resort-style amenities, developed by Wingspan and ABC Capital.
Vice President of Development for Wingspan Development Group Chris Coleman says that the privately owned real estate company is more of a “developer with a general contractor in-house,” than a traditional developer. That vertical integration gives Wingspan a differentiator in the market.
Listen to the a full recorded episode on Real Estate for Breakfast.
Chris Coleman of Wingspan Development Group has been building suburban apartments since the late 1980s. He outlines 5 ways today’s multifamily units are very different in look, feel, and function from those of your grandparents.
Wingspan Development Group, a multi-state development firm active in multifamily and mixed-use properties, and ABC Capital Corp. today announced that pre-leasing is underway for Jade at North Hyde Park, a new $46 million, mixed-use project offering 192 luxury apartments and resort-style amenities at 608 N. Willow Ave. in Tampa’s burgeoning North Hyde Park neighborhood. Jade at North Hyde Park is scheduled to deliver its first units in early second quarter 2022. Virtual and in-person tours are underway.
Wingspan Development Group, a privately held multi-state development firm active in multifamily and mixed-use properties, and Batson-Cook Development Company (BCDC) today announced that pre-leasing is underway for Hub13, a new $63 million, 300-unit garden-style multifamily community on 13th Street, just north of Drexel Avenue in Oak Creek, Wis. Hub13 is scheduled to deliver its first units this spring.
Wingspan Development Group, a national development firm active in multifamily and mixed-use properties, announced the opening of its model and award-winning clubhouse at Sixteen30, a new Class A apartment community of 284 units in Plainfield, Ill., about 40 miles southwest of Chicago.
Wingspan Development Group, a privately held multi-state development firm active in multifamily and mixed-use properties, announced it has successfully closed its WDG GP Fund to further expand its successful multifamily development business. The WDG GP Fund, which resonated with family offices and individuals, anticipates a 15% to 20%-plus annual return over five years.
You’ll find them in suburban Chicago downtowns from Highland Park to Orland Park – new buildings that include a mix of housing, office, retail and/or other commercial development and amenities integrated into a walkable neighborhood and located within a half-mile of quality public transportation. They are called transit-oriented developments (TODs), and if you think you’ve seen more of them over the last few years, you’re right.
Wingspan Development Group and ABC Capital Corp. have broken ground on NICHE at North Hyde Park (NICHE), a new six-story, 251-unit apartment community in Tampa’s burgeoning North Hyde Park neighborhood.
Wingspan Development Group (Wingspan), a privately held national development firm active in the multifamily and mixed-use sectors, today announced pre-leasing is underway for Sixteen30, a new $60 million 284-unit garden-style luxury rental community in Plainfield, Ill., about 35 miles southwest of Chicago.