Sunday, June 5, 2016

M&R Development Breaks Ground on 297-Unit The Residences at Hamilton Lakes in Itasca, IL

  
 
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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