Focus Development Breaks Ground On North Suburban Condos

The second phase of Focus Development Group's ambitious Kelmscott Park multifamily development in suburban Lake Forest is underway. Focus broke ground on the condominium component to the development, and the first deliveries are expected in Q1 2019.

The Lake Forest City Council approved Kelmscott Park last year. It is a mix of 111 luxury apartments, 42 condos and 12 single-family homes. The condos are two- and three-bedroom units with prices starting at $625K. Focus Development is setting aside half of the development's 11-acre site for open space, and is building a series of interconnected pocket parks within the property.

Kelmscott Park is four blocks from Market Square, Lake Forest's downtown shopping district, as well as the Lake Forest Metra station, providing an easy commute to downtown Chicago. Focus Development has been busy in the suburbs this year. The firm sold the Reserve at Glenview, a 239-unit apartment development in Glenview, to Lowe Enterprises for $81M in August.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Bringing Stability And Savings To CRE Insurance Through Working Layer

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Miami's Condo Craze Has Developers Spending Millions On Sales Galleries

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

Ryan Cos. Secures Permit For Austin's Sixth Street Redevelopment

Rapper Rick Ross Joins 670-Unit Miami Gardens Condo Project

How A New Financing Model Helps Spur More Mixed-Income Housing

Riverwards Group Secures Construction Financing For 155 Units In Olde Richmond

While Chicago Development Stalls, Fulton Market Keeps Building