AECOM-Canyon Partners, and Tucker Development have partnered to develop a mixed-use project in Lincolnwood, Illinois.
The project, called District 1860, will feature 299 mid-rise multifamily units, an Amazon Fresh grocery store and more than 40,000 leasable square-footage of retail and restaurant space.
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The project is slated to be finished in 2023.
The joint venture also closed on a senior construction loan from Pacific Western Bank (PWB), with construction of the project commencing.
Located in close proximity to downtown Chicago and Evanston, the scheme is accessible to major highways, Oakton-Skokie CTA and Edgebrook Metra train stations.
Furthermore, the complex will have easy access to neighbouring employment hubs and Chicago O’Hare International Airport.
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By GlobalDataThe retail space is already 65% pre-leased and will feature an Amazon Fresh grocery store.
The development will have additional retail space with multiple dining options, public space for gatherings and multifamily units with amenities.
Tucker CEO Richard H Tucker said: “We are excited to partner with AECOM-Canyon on this dynamic & transformative project. We’d like to thank the Village of Lincolnwood and Mayor Jesal Patel for their strong & unwavering support of District 1860.”
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Image: The project is slated to be finished in 2023. Credit: Ichigo121212 from Pixabay
