news

VANTAGE OAK PARK ANNOUNCES NEW RETAILERS

PR Newswire

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.

Link: http://www.prnewswire.com/news-releases/vantage-oak-park-announces-new-retailers-300323369.html