Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
IllinoisMultifamily

Lombard hosts groundbreaking for $30 million luxury apartments

July 13, 2021
Share on Facebook Share on Twitter Share on LinkedIn Share via email

Holladay Properties hosted a groundbreaking ceremony for Lilac Station, its newest Chicagoland apartment complex in Lombard, IL. The event took place on June 17, 2021, at 3 PM CST at the corner of Main and Parkside in Lombard. 

The $30 million luxury apartment community will feature 118 residences in a variety of studio, 1-bedroom, and 2-bedroom layouts. Residents will enjoy top-notch amenities such as a 15,000 sq. ft. deck with a firepit, pet run, game court, outdoor lounge area with TVs, and more. A 24-hour fitness center and secure heated parking will also be offered. In addition, the property will feature an on-site restaurant and is adjacent to the over 10,000 square foot Prairie Food Co-op grocery store. The property is conveniently located near the Lombard Metra station. Construction is slated to be completed in early 2023.

Lilac Station is Holladay Properties third luxury apartment complex in the Chicagoland area. Other properties include Burlington Station which opened in 2018 in Downers Grove, and Quincy Station in Westmont, which is slated to open in early 2022. Holladay Properties is the land developer and property manager on each of the luxury apartment developments including Lilac Station, while Holladay Construction Group is the general contractor.  

“We are ecstatic to bring a catalytic project like Lilac Station to the community of Lombard. We are confident this development will further activate the vibrant downtown by offering immediate, walkable access to downtown Lombard and its offerings.  Our residents are looking to make Lombard not only their home, but their go-to place to dine, shop, and play,” said Drew Mitchell, Vice President of Development and Partner at Holladay Properties. “The substantial investment by Holladay Properties will spur further positive economic activity in the local community by providing following an influx of disposable income from an estimated 150 new residents. Our offerings attract Millennials who will likely incubate into future Lombard homeowners, while providing attractive housing for downsizing empty nesters seeking to maintain Lombard roots.”

Lilac Station is affectionately named after the beautifully scented flower that the Village of Lombard is known around the world for. The “Lilac Capital” is home to Lilacia Park, a world-renown horticultural showcase that features over 700 lilacs and 35,000 tulips annually. In 2019, the park was named to the National Register of Historic Places for its significant contribution to horticultural history in the United States.

The apartment complex is being resurrected on the site of the old historic DuPage Theatre. The Holladay Properties team has worked hard to preserve the historic elements of the theatre and integrate them into the building. 

“We are sensitive to the history of our site and want to ensure Lilac Station pays homage to the DuPage Theatre,” said Lori Kappel, Project Designer at Holladay Properties. “We plan to have a replica of the memorable “EAT” sign that will hug the corner of our building and will incorporate a tile design into the main lobby that is inspired by the exterior façade of the theatre entrance. We are also recreating the medallions that existed on the exterior of the theatre and are highlighting them in our building design.”

Holladay Properties worked collaboratively with the Village of Lombard, local government officials, and the community to the develop the land in response to the Village’s request for proposal. Multiple neighborhood meetings took place to collect community input which impacted the overall design of the project. 

“The new Lilac Station Development will breathe new life to a long vacant property that is full of potential. This project will bring new residents to our community, it will add a new restaurant opportunity to downtown Lombard’s growing list of exciting places to dine, and will provide neighbors with grocery options with the Prairie Food Co-Op. This ground-breaking event marks a day of celebration for downtown Lombard and the Village as a whole,” said Keith Giagnorio, Village President.

Tags
Holladay Properties
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisIndustrial

Backlog blues in Chicago? That’s what Newmark is saying

Mia GoulartJuly 5, 2022
MichiganIndustrial

Newmark closes 741,923-square-foot industrial lease in Detroit suburb

July 5, 2022
IowaIndustrial

Minneapolis’ Endeavor Development building first phase of distribution center in Iowa

July 5, 2022
KansasSeniors Housing

Tutera Senior Living wraps $6.5 million renovation at Kansas seniors living community

July 5, 2022

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise/Editorial Calendar
© 2022 REjournals.com