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| Anthony Rossi Sr. |
ITASCA, IL — M&R
Development announced the groundbreaking of The Residences at Hamilton Lakes, a 297-unit luxury rental
community immediately adjacent to the Hamilton Lakes Business Park in Itasca,
Ill.
The community, which is a
joint venture between M&R Development, Itasca-based Hamilton Partners and
Chicago-based Murphy O’Brien LLC, is expected to be completed in spring 2017.
Bordered by Prospect
Avenue on the east, Arlington Heights Road on the west and Thorndale Avenue on
the south, the 10.7-acre community will be the first luxury rental property
developed in the immediate vicinity of Hamilton Lakes Business Park, which
includes over 3 million square feet of office space, as well as restaurants and
two hotels.
“We are thrilled to
celebrate the groundbreaking of the first residential community of its kind in
Itasca in more than 20 years,” said Anthony
Rossi Sr., president of M&R Development. “The Residences of Hamilton
Lakes will meet the pent-up demand from the renter-by-choice segment interested
in luxury housing with proximity to so many suburban employment centers.”
For a complete copy of the company’s news release,
please contact:
Sara Williams,
swilliams@taylorjohnson.com, (312) 267-4510
Kim Manning,
kmanning@taylorjohnson.com, (312) 267-4527
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