‘Very little rental development’: Arlington Heights apartment building to add 301 units to suburban market

Interior of rental unit at Arbor House in Arlington Heights.jpg

Arbor House, an eight-story apartment development giving new life to the southern entrance into Arlington Heights, will feature the kind of communal amenities designed to appeal most to young professionals. An entertainment lounge will have a golf simulator, catering kitchen, pingpong table and a place to watch TV — all looking out onto a terrace … Read more

Bradford Allen, Moceri+Roszak Top Out 301-Unit Apartment Complex in Suburban Chicago

(From left) Mike Moceri, Jeffrey Bernstein, Thomas Roszak, and Brian Carley.

ARLINGTON HEIGHTS, ILL. — Bradford Allen and Moceri+Roszak have topped out the initialphase of Arlington Gateway, a master-planned community in the northwest Chicago suburb ofArlington Heights. The first phase consists of an eight-story, 301-unit multifamily building with26,000 square feet of ground-floor retail space. Designed by Thomas Roszak Architecture, the property will offer a mix of … Read more

Bradford Allen lands $72M loan in nation’s top apartment market

Helmet with Bradford Allen and Moceri+Roszak logos on the front.

Multifamily construction funding comes as tight lending and high construction costs limit rental pipeline Bradford Allen’s large-scale suburban Chicago project recently got the go-ahead from city officials and, more crucially, a lender, overcoming constrictions on the area’s multifamily pipeline resulting from a tight lending environment and high construction costs. Chicago-based brokerage Bradford Allen’s investment arm … Read more

With incentive deal reached, redevelopment of Arlington Heights gateway set to begin

Rendering of an aerial view of Arlington Heights development.

A developer will get $17.8 million in tax increment financing incentives from Arlington Heights to help fund its $130 million residential and retail redevelopment at the south gateway to the village. Approval of public subsidies — through agreements inked by the village board this week — is seen by developer Bradford Allen as the last … Read more

Village trustees pave way for luxury apartment building to lead ‘rebirth’ of south end of downtown Arlington Heights

Aerial rendering of the southwest corner of Arlington Heights development.

Village officials are looking forward to a new eight-story apartment building at the southern border of Arlington Heights being a catalyst for revitalizing an area ripe for redevelopment. Arlington Heights trustees voted 9-0 at the Village Board meeting Monday night to approve plans for a 301-unit, multi-use building with 24,972 square feet of commercial space … Read more