Developer Aims To Double Or Triple Property Values In Rosemont With $1B Mixed-Use Redevelopment
The project would feature green space, public art, a city center, new retail and high-end residences. CLICK ON THE HEADLINE FOR MORE
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The project would feature green space, public art, a city center, new retail and high-end residences. CLICK ON THE HEADLINE FOR MORE
The site’s zoning is flexible and permits a wide range of mixed-uses, including tourist commercial, retail, hospitality and entertainment. Cushman & Wakefield is marketing the property. CLICK ON THE HEADLINE FOR MORE
The developer, UNICORP National Developments Inc., expects to deliver The Avenue on Oakland in December 2021. CLICK ON THE HEADLINE FOR MORE
The duo has more than than 54 years of combined industry experience. CLICK ON THE HEADLINE FOR MORE
Mike Davis, Rick Brugge, Rick Colon, Mark Hardee, and Zach Eicholtz of Cushman & Wakefield represented the seller, McDonald Development Company, in the transaction. LBA Logistics acquired the property. CLICK ON THE HEADLINE FOR MORE
Marcus & Millichap’s Evan Kristol, Jason Hague and Duane Anderson represented the seller, a Canadian investment group, in the transaction. CLICK ON THE HEADLINE FOR MORE
The property will offer 1,520-square-foot office condos, a 4,640-square-foot medical office building and a 20,000-square-foot spec office building. CLICK ON THE HEADLINE FOR MORE
Andy Slowik and Margery Johnson of Cushman & Wakefield represented the seller, a private investment group that had owned the property since 2001. CLICK ON THE HEADLINE FOR MORE
Robin Webb, CCIM, a principal with Maitland-based COMMERCIAL AMERICA Properties, brokered the deal. CLICK ON THE HEADLINE FOR MORE
The new development will consist of 6 seven-story buildings with a total of 380 condo hotel units.
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