Luxury apartments coming to Wheeling
Wheeling is moving forward on a new 288-unit apartment complex that will cater to young commuters looking to rent luxury living.
The modern apartments will be on about 20 acres at 100 and 250 Northgate Pkwy., vacant except for Northfield Presbyterian Church, which will be demolished. Reva Development Partners plan to build nine apartment buildings with one clubhouse.
The development is marketed toward young commuting professionals, as it is near both I-294 and the Wheeling Metra station. The station is under one mile from the property.
“Wheeling has a vision for its community, and we see it and want to be a part of it,” said Warren James, a co-founder of Reva Development Partners.
Each building will have 10 interior garages connected to the first-level apartments. The village board and plan commission pushed for more parking, but developers have assured them that 1.9 parking spaces per unit will cover the demand.
The apartments will price from $1,250 and increase to $2,000 depending on unit specifications such as the number of bedrooms or the addition of a connected garage.
The clubhouse will be for resident use, providing a pool and showering area, bicycle storage, a meeting area, an exercise room and a management office. A walking trail, which will be self-contained for the safety of the residents, is also planned.
The proximity to Restaurant Row on Milwaukee Avenue and local employers such as Allstate, Baxter, Takeda and Astellas will help to fill the apartments, the developers suggest.
In addition to the location, James said his team was drawn to Wheeling partly because of the work of the Metropolitan Water Reclamation District of Greater Chicago.
“MWRD is bringing these areas out of the flood plain, and they will be ready for development,” James said.
Reva Development has built other residential rentals in the Northwest suburbs, including Heartfield in Glenview. The company is also proposing a multifamily housing complex in Vernon Hills called The Oaks.
A similarly styled residence in Buffalo Grove is called The Green at Chevy Chase, developed by Lincoln Property Co. Matthew Nix, who is a principal at Reva Development, has worked with Lincoln Property Co. previously.
“They are beautiful,” Trustee Robert Heer said of the apartments at The Green at Chevy Chase.
“I hope you can bring that to Wheeling.”
Northfield Presbyterian Church has agreed to sell the property to the developers and is trying to stay in Wheeling when it relocates, Village Manager Jon Sfondilis said.
“They are working with our staff to find some suitable sites in the area ... but at this point they have not found anything that fits their needs,” he said.
There is no rush for the church to relocate because the project can be split into two phases to accommodate the church’s timeline, he said.