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| Steven Spinell |
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, swilliams@taylorjohnson.com,
(312) 267-4510
Kim Manning,
kmanning@taylorjohnson.com, (312) 267-4527
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