FOR IMMEDIATE RELEASE:
REVA Development Partners Opens Pre-leasing For Luxury Rental Community Northgate Crossing in Wheeling
CHICAGO (November 16, 2015) — Chicago-based REVA Development Partners today announced the start of pre-leasing for Northgate Crossing, a new 288-unit luxury rental community in north suburban Wheeling, Illinois. Leasing and property management is being overseen by Kinzie Property Management.
“With first move-ins scheduled for mid-December, construction has been continuing at a brisk pace,” said Matt Nix, principal of REVA Development Partners. “The interest in Northgate Crossing has exceeded our expectations, with over 100 prospective renters signing up for our VIP list. This pre-leasing milestone puts us one step closer to providing an extraordinary community with all the details and amenities today’s renters want and have come to expect in a home.”
Located in the heart of Wheeling’s Town Center district at 250 Northgate Parkway, the 20-acre Northgate Crossing development will feature nine three-story apartment buildings on a heavily landscaped, amenity-rich site. The residences will include one-bed/one-bath, one-bed + den/one-bath and two-bed/two-bath plans measuring approximately 696 to 1,212 square feet. Pricing for one-bedroom homes start at $1,350, while two-bedroom homes start at $2,000.
Northgate Crossing is one of many new commercial projects to emerge in Wheeling over the past several years. The suburb has made a strong commitment to increasing the town’s livability to create a healthier, more vibrant community. In addition to the large scale Heritage Park redevelopment, which was completed this spring, some of the town’s ongoing development initiatives include plans for adding hundreds of luxury residences, shopping, restaurants and a boutique brew pub/theater concept to the Town Center.
“Downtown Wheeling has so much to offer and Northgate Crossing will help further support those enhancements by providing new-construction apartments within walking distance to the Town Center and other community attractions, including the municipal campus, fitness and aquatic centers and the Wheeling Metra Station,” added Nix.
Focused on lifestyle, Northgate Crossing offers residents various amenities meant to enhance and complement residents’ daily lives, including an approximately 7,000-square-foot clubhouse with a fitness center, club room, business services, demonstration kitchen, gaming/theater room and management offices. Residents will also enjoy outdoor features, such as a resort style swimming pool and sundeck, grilling stations, ample patio seating, fire pit, bocce ball court, and walking paths.
Interior finishes will include 9-foot ceilings, granite countertops, stainless steel appliances, contemporary flooring and in-unit washers and dryers.
“From millennials to baby boomers, more people in every stage of life have an increasing desire to live in proximity to stores, services and transportation,” said Nix. “However, not only are renters looking for convenience in their home’s location, but they want it in the design of the home as well, including high-end finishes and flexible layouts. In recent years, there hasn’t been any type of development like this in Wheeling, so this will be a terrific new option for people wanting a new-construction, condo-quality rental apartment in the area.”
Northgate Crossing’s address in the north suburban office corridor will also be a major benefit for residents, noted Nix. “With nearby employers such as Walgreens, Discover, Takeda and Estellas, the property is drawing interest from a wide cross-section of professional fields,” he said. “Plus, Northgate Crossing is within walking distance to the Metra station, which means that a commute to the city is a viable option for singles and couples splitting their commute between the Loop and the northern suburbs.”
Northgate Crossing is located between Lake Cook and Dundee roads on Northgate Parkway, approximately 1 mile west of Milwaukee Avenue. It is roughly 2.5 miles from Interstate 294. For more information on the community, visit http://www.northgatewheeling.com/. To schedule a leasing appointment, call (847) 947-2717.
About REVA Development Partners
REVA Development Partners is a privately held, Chicago-based real estate development company. The principals, Warren James and Matthew Nix, have extensive experience successfully developing high-quality rental and for-sale housing and mixed-use projects throughout the Midwest. REVA is currently construction approximately 825 luxury rental units in Wheeling, Vernon Hills and Orland Park. REVA’s expertise includes land acquisition, design, planning, financing and construction for projects ranging from small infill sites to complex, master-planned developments. One of REVA’s strategic advantages is its relationship with Kinzie Real Estate Group, which provides land development, general contracting, property management and brokerage services. For more information, visit www.revadevelopment.com and www.kinziegroup.com.
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Editors: For more information or to schedule an interview, contact Kelly Shumaker, [email protected], 312-267-4519.
Photo caption: REVA Development Partners starts pre-leasing for Northgate Crossing, a new 288-unit luxury rental community in north suburban Wheeling, Illinois.