Friday, September 30, 2016
Kinzie Builders Retained as General Contractor for Verandah, A Master-Planned, Age-Restricted Community in Hanover Park, IL
CHICAGO, IL – Kinzie Builders, a division of Kinzie Real Estate Group, announced it has been retained as general contractor for Verandah, a $40 million master-planned community with assisted living and memory care components, in Hanover Park, Ill.
The age-restricted community is the first project of its kind awarded to Kinzie Builders and will break ground this fall.
Located on Irving Park Road, just east of Barrington Road, Verandah will include for-sale, two-story townhomes and single-level villas and condominiums available to all buyers aged 55 and over.
All three home options at Verandah offer independent living units, while the condominium building will also include assisted living studios.
“Multifamily housing has been a large part of Kinzie Builders’ portfolio, and we are looking forward to being a part of this master-planned, age-restricted community,” said Steve Spinell, principal of Kinzie Real Estate Group.
“With Verandah, we are very excited to be expanding our expertise to include communities designed specifically for older adults. The lifestyle this community offers is also something new for this area and we are thrilled to be a part of setting a new standard for age-restricted living in northern Illinois.”
Verandah is expected to be completed in 2018, with presales for the townhomes and condominiums beginning next year.
For a complete copy of the company’s news release, please contact:
Sara Williams, firstname.lastname@example.org, (312) 267-4510
Kim Manning, email@example.com, (312) 267-4527