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Our Role

RPL provided oversight during construction on behalf of an institutional equity partner.

Unique Approach

• Visited site monthly throughout construction.
• Kept in close communications with developer, contractor, and investor.

Outcomes

• Project completed on time and within budget.
• Lease up and sale successful.

Scope of Work

Development of a new 8-story building for 175 luxury rental apartments with covered parking.

Project Summary

• Client: One of the largest institutional private equity investment firms
• Location: Evanston, IL
• Size: 175 units, 8 floors, 150,300 SF
• Timeline: 2013
• Services: Development Oversight
• Cost: $43 million