CHICAGO, Aug. 3, 2016 /PRNewswire/ -- Vantage Oak Park, a 21-story, 270-unit high rise at 150 Forest Avenue, has welcomed its first residents according to the development group consisting of Atlanta-based Wood Partners, Chicago-based international real estate development firm Golub & Company, and the Village of Oak Park. The new luxury apartment tower, which is now Oak Park's tallest building, offers incoming residents stylish design and superior amenities right in the heart of all that Oak Park's walkable downtown has to offer.
"Oak Park offers residents a high quality of life in one the country's most desirable suburbs along with easy access to Chicago," commented Oak Park Mayor Anan Abu-Taleb. "Vantage brings the lifestyle of a downtown high-rise to the thriving local dining, shopping and cultural scene of Oak Park."
"We're thrilled to become part of the vibrant community of Oak Park with the opening of Vantage," added Michael Newman, President and CEO, Golub & Company. "The livability of Oak Park's downtown will be enhanced by the addition of residences that fit the needs of Millennials, young families and empty nesters alike, all of whom are looking for homes offering both convenience and luxury."
The building, designed by the Chicago office of architectural firm Gensler, showcases stunning views of Oak Park and the iconic downtown Chicago skyline with floor-to-ceiling windows in the residences. The dynamic and inspired studio, one- and two-bedroom floor plans also feature plank flooring, stainless steel appliances, granite countertops, and in-apartment washer and dryer sets.
Residents will have access to shared amenities intended to promote collaboration, including a roof-top terrace with grills and fire pit, a fitness center, lounge, clubroom, and business center and conference room. Additionally, 24-hour self-service package pick-up, a smartphone video intercom system and a self-service pet wash are included to match the desires of targeted audiences.
"When envisioning Vantage Oak Park, we wanted to create a luxurious home for our future residents that encourages a sense of community and enhances our residents' living experience," said Wood Partners Chicago-based Director Clay Iman. "We're pleased the combination of Vantage's exceptional location and our whole team's collaborative effort has resulted in a unique and beautiful asset that fully immerses residents in the culture of Oak Park."
Vantage includes 25,000 square feet of retail space on the ground level and second floor fronting Lake Street, as well as a structured parking garage with 288 private and 300 public parking spaces, which are owned by the Village of Oak Park.
About Golub & Company LLC
Since its founding more than 55 years ago, with three generations of professionals working in the business, Golub & Company has built a strong reputation as a trusted co-investor and developer with its many institutional and private capital partners. It's a reputation based on track record; Golub and its affiliates have owned, leased or managed more than 50 million square feet of commercial, mixed-use and multifamily real estate properties (inclusive of 45,000 residential units), valued in excess of $10 billion located across the United States and internationally. Access more information by visiting www.golubandcompany.com.
About Wood Partners
Wood Partners is a national real estate company that acquires, develops, constructs and manages high density and mixed-use communities. It ranks consistently among the top five multifamily developers in the country. Through quality construction, responsible land development and intelligent design, its communities reflect the aesthetic and social fabric of the community and provide a luxurious living experience at a fair price. The company has been involved in the acquisition and development of more than 63,000 homes with a combined value of more than $10.3 billion nationwide. The company currently owns more than 75 properties with a combined total of 21,000+ units. Wood Partners has offices in 19 major markets nationwide including Atlanta, Austin, Baltimore, West Palm Beach/ South Florida, Boston, Charlotte, Chicago, Dallas, Denver, Houston, New York, Southern California, Orlando, Phoenix, Portland, Raleigh-Durham, San Francisco, Seattle, and Washington, D.C.
Patricia True Agos
For Golub & Company
For Wood Partners
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SOURCE Golub & Company LLC