CHICAGO, Sept. 7, 2016 /PRNewswire/ -- Oak Park's newest luxury apartment building, Vantage Oak Park, will welcome two tenants, both well-known in the Chicago area, to the first two floors of the building, which will fill the building's commercial space. Cooper's Hawk Winery & Restaurants and Edward-Elmhurst Health have signed leases at 150 Forest Avenue, 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. These additions will further enhance the livability of the village's popular downtown.
"We're thrilled to bring Cooper's Hawk Winery & Restaurant, a popular dining destination, and the healthcare providers at Edward-Elmhurst Health to Oak Park's vibrant entertainment and business district," commented Michael Newman, President and CEO, Golub & Company. "We believe these additions to downtown Oak Park will enhance the lives of Oak Park community members."
Cooper's Hawk Winery & Restaurant has signed a long-term lease for the entire ground-level space at Vantage Oak Park, plus an outdoor dining area. The Countryside, Illinois-based winery and restaurant chain, brings to Oak Park modern casual dining, which includes an extensive menu offering more than 75 items, full-service bar, private event space, and Napa-style tasting room and artisan market together in one space.
Edward-Elmhurst Health has signed a long-term lease for the entire second-level space at Vantage Oak Park to serve as an immediate care center and medical offices. Edward-Elmhurst Health is one of the largest integrated health systems in the Chicagoland area, with main hospital campuses in Elmhurst and Naperville, as well as locations across the western suburbs.
"The addition of these outstanding tenants reinforces the appeal of Oak Park as a commercial destination and Vantage Oak Park as a vibrant, mixed-use community," said Wood Partners Chicago-based Director Clay Iman. "We are pleased to welcome two full-floor tenants who will further enrich downtown Oak Park by delivering an exceptional experience for the Oak Park community and our residential tenants."
Vantage welcomed its first residents last month. The high rise development is 21 stories tall, featuring 270 luxury rental units, high-end amenities designed with style and convenience in mind, and a structured parking garage with 288 private and 300 public parking spaces, which are owned by the Village of Oak Park. Vantage is a transit-oriented development, conveniently located near both CTA and Metra stations, and provides for easy access into downtown Chicago whether by public transit or car.
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
SOURCE Golub & Company LLC