fbpx

Optima Gets Approval for New Mixed-Use Project on Chicago’s North Shore

Optima Inc. has received approval from the village of Wilmette to develop its latest mixed-use project on Chicago’s North Side.

The company plans to develop 109 luxury apartments along with more than 8,000 square feet of street-level retail at 1210 Central Ave., across the street from the Metra station at Green Bay Road. The project is slated to break ground in late 2021.

Optima, is known for its residential developments around the Chicago and Phoenix areas. The company in particular has targeted the North Shore, where it has developed 20 projects including the 660-unit Optima Old Orchard Woods condominium development in Skokie.

The company also started construction last month on Optima Lakeview, a mixed-use, transit-oriented development located at 3460 N. Broadway in Chicago’s Lakeview neighborhood. The project has been designed to include 198 apartments and street-level retail, and is slated to open in 2022.

Optima’s new project in Wilmette has been drawn up to include one-, two- and three-bedroom units to go along with 28 street parking spaces for public use. It is also set to feature Optima’s vertical landscaping system that includes self-containing irrigation and drainage for specially chosen plants that will stay green through cold Chicago winters.

Planned amenities at the project include a rooftop pool and sky deck access, electric vehicle charging stations, 173 parking spaces and access to a residential courtyard. An 8-foot tall sculpture, to be created by David Hovey, the building’s designer, will be situated near the building’s entry along with benches for the public to enjoy the view.
The project is scheduled to be completed in 2023, and Optima aims to earn Green Globes Certification for the building.

Read the full feature on Costar

Optima Starts Work 100-Unit Wilmette Apartment Building

Optima, Inc. says its construction team has broken ground on a six-story, 100-unit Optima Verdana apartment building in downtown Wilmette.

The development is the firm’s second new Chicago-area retail and apartment building to break ground in the last year – the 198-unit Optima Lakeview is scheduled for completion in spring 2022. Optima Verdana plans to welcome its first residents in spring 2023.

The Wilmette project will include 6,000 sq. ft. of street-level retail and apartments averaging 1,507 sq. ft.

“In designing Optima Verdana, we’ve prioritized biophilic elements in a way that puts outdoor space, natural light and fresh air at the center of residents’ day-to-day lives – from our signature vertical landscaping system to spacious terraces and a landscaped courtyard,” Optima Inc CEO David Hovey Sr said in a Nov. 30 statement.

“Residents can not only immerse themselves in the outdoors from their private terrace space, but also reap benefits from its abundant greenery, which offers added privacy and an increased aesthetic value. We’ve even enhanced our commitment to sustainability by reducing our use of gas, opting for electric grills on terraces and induction cooktops in kitchens.”

He said the project will be designed to achieve two Green Globes through the Green Globes Building Certification. Green construction practices include green concrete for the superstructure and a super energy efficient VRF heating and cooling system.

 

Read more on Chicago Construction News

Wilmette officials approve downtown development featuring 109 luxury apartments, street-level retail space

Village officials in Wilmette recently granted final approval to a North Shore developer planning to build a residential and retail project featuring 109 luxury apartments and street-level retail venues.

Developer Optima, Inc., which has locations in Glencoe and Scottsdale, Ariz., plans to break ground on the downtown Village Center project in late 2021. The site at 1210 Central Ave. will be turned into a transit-oriented development across the street from the Metra commuter train station on Green Bay Road.

“Obviously, the pandemic has been difficult for our businesses, like restaurants, retail shops, gyms and hair stylists,” said John Adler, Wilmette’s community development director.

In tough economic times, village officials see an opportunity in the new development.

“From the village’s standpoint, increasing the density downtown and throughout the village will ultimately help find a way to be able to stay afloat by bringing in new residents who are loyal to their local businesses,” Adler said.

Optima CEO David C. Hovey, whose firm completed the 660-unit Optima Old Orchard Woods condominium development in 2010, said he is excited to be back in the North Shore.

Hovey said the final approval of the Wilmette project arrives as Optima launches construction of Optima Lakeview, a mixed-use, transit-oriented development of 198 apartments and street-level retail at 3460 N. Broadway in Chicago’s Lakeview neighborhood, which is scheduled to be completed in 2022.

Read the full feature on Chicago Tribune

Optima Introduces Vertical Landscaping System to Chicago Region

Optima, Inc. broke ground on the six-story, 100-unit Optima Verdana luxury apartment building in downtown Wilmette, IL, on Chicago’s North Shore. The development is the firm’s second new Chicago-area retail and luxury apartment building to break ground in the past year, along with the 198-unit Optima Lakeview scheduled for completion in spring 2022. Optima Verdana plans open to residents in spring 2023.

Located at the corner of Central Avenue and Green Bay Road, Optima Verdana will feature one-, two- and three-bedroom residences with an average size of 1,507 square feet. The boutique building will also feature 8,000 square feet of street-level retail.

Befitting its name, inspired by the word “verdure” meaning lush, green vegetation, Optima Verdana marks the Chicago-area debut of the latest evolution of Optima’s signature vertical landscaping system. Developed at Optima’s Arizona projects, the Verdana landscaping system has been modified to accommodate the Midwest’s four seasons.

Optima Wilmette Development Receives Final Approval From Trustees

Village trustees unanimously approved final plans for a seven-story mixed-use development at the northwest corner of Central Avenue and Green Bay Road. The current site of an International Bank of Chicago branch is located across the street from the downtown Wilmette train station.
Set to include 109 luxury apartment units and 8,000 square feet ground floor retail space, developer Optima Inc. received final approval last month to build a planned unit development at 1210 Central Ave., less than a year after filing a preliminary application. All but nine of the apartments will be located above the ground floor, while the top floor includes a roof deck and garden.

Optima CEO David Hovey, the project’s architect, contractor and developer, said he was excited to develop another project on Chicago’s North Shore.

“As with each project we design and build, we’re very careful to ensure the buildings respect their environment and have a positive impact on the surrounding neighborhood,” Hovey said in a statement.

“This development will be no different, as not only will it deliver the size of homes and amenities residents in Wilmette want, but the exterior design will feature our signature vertical landscaping system and public art component that will enhance the downtown community’s energy and aesthetic.”

Read the full feature on MSN

Optima, Inc. Announces Groundbreaking of Optima Verdana in Wilmette

Design-driven real estate development firm Optima, Inc. announced today its own construction team broke ground on the six-story, 100-unit Optima Verdana luxury apartment building in downtown Wilmette, Ill., on Chicago’s North Shore. The development is the firm’s second new Chicago-area retail and luxury apartment building to break ground in the last year – the 198-unit Optima Lakeview is scheduled for completion in spring 2022. Optima Verdana plans to welcome its first residents in spring 2023.

Located at the corner of Central Avenue and Green Bay Road, Optima Verdana will bring a new level of rental luxury to the North Shore. Featuring one-, two- and three-bedroom residences with an average size of 1,507 square feet, the boutique building will also feature 8,000 square feet of street-level retail.

True to its name, which is inspired by the word “verdure” meaning lush, green vegetation, Optima Verdana marks the Chicago-area debut of the latest evolution of Optima’s signature vertical landscaping system. Developed at Optima’s Arizona projects, the Verdana landscaping system has been modified to accommodate the Midwest’s four seasons. The plantings on all of Verdana’s private resident terraces will stay green year-round and be maintained by Optima’s property management team. The self-containing irrigation and drainage system promotes evaporative cooling, re-oxygenates the air, reduces dust and smog levels, decreases ambient noise and detains stormwater.

“In designing Optima Verdana, we’ve prioritized biophilic elements in a way that puts outdoor space, natural light and fresh air at the center of residents’ day-to-day lives – from our signature vertical landscaping system to spacious terraces and a landscaped courtyard,” said David Hovey Sr., FAIA, CEO of Optima, Inc. “Residents can not only immerse themselves in the outdoors from their private terrace space, but also reap benefits from its abundant greenery, which offers added privacy and an increased aesthetic value. We’ve even enhanced our commitment to sustainability by reducing our use of gas, opting for electric grills on terraces and induction cooktops in kitchens.”

Hovey noted Optima Verdana represents a 360-degree approach to sustainability. Optima Verdana will be constructed to achieve two Green Globes through the Green Globes® Building Certification, which is an alternative to LEED® certification that promotes lower energy and water bills, reduced emissions, optimized health and wellness benefits for residents, and minimizes waste. Green construction practices Optima will use to build Verdana include green concrete for the superstructure and a super energy efficient VRF heating and cooling system.

The building’s lushly landscaped private terraces will average 193 square feet, with the largest totaling nearly 1,000 square feet. In addition to enjoying a quick-heating electric grill on their terrace, residents in select homes will also have private firepits.

Sweeping views will be available on the building’s common rooftop sky deck where a range of health and wellness amenities will await residents, including: a heated, glass-enclosed lap pool with retractable glass walls that open onto the sundeck; complimentary pool towel service; a spa and sauna; barbecues; firepits and lounge areas; a party room with chef’s kitchen; residents’ club; two game rooms; and three distinct outdoor terraces, including the sundeck, garden lounge and dining area, designed for year-round use.

Indoor amenities will include a fitness center with cardio and strength-training equipment, including free weights and complimentary towel service; yoga room; Pilates studio and massage room; dual basketball/pickleball court; golf simulator and sports lounge with large screen TVs; children’s play area; pet park and spa; library lounge; and multiple work-from-home spaces, including conference rooms and a business center. Wi-Fi will run throughout amenity spaces and residents can choose from multiple data providers. Fitness programming will include yoga and meditation, Pilates, high-intensity interval training (HIIT) classes, water aerobics and personal training.

 

Read more on RE Journals

Optima Wilmette Development Receives Final Approval From Trustees

Construction on the 109-unit luxury apartment building is expected to be complete in mid-2023.

Village trustees unanimously approved final plans for a seven-story mixed-use development at the northwest corner of Central Avenue and Green Bay Road. The current site of an International Bank of Chicago branch is located across the street from the downtown Wilmette train station.

Set to include 109 luxury apartment units and 8,000 square feet of ground floor retail space, developer Optima Inc. received final approval last month to build a planned unit development at 1210 Central Ave., less than a year after filing a preliminary application. All but nine of the apartments will be located above the ground floor, while the top floor will include a roof deck and garden.

Optima CEO David Hovey, the project’s architect, contractor and developer, said he was excited to develop another project on Chicago’s North Shore.

“As with each project we design and build, we’re very careful to ensure the buildings respect their environment and have a positive impact on the surrounding neighborhood,” Hovey said in a statement.

“This development will be no different, as not only will it deliver the size of homes and amenities residents in Wilmette want, but the exterior design will feature our signature vertical landscaping system and public art component that will enhance the downtown community’s energy and aesthetic.”

Hovey’s Glencoe-based firm has built 1618 Sheridan Road in 1991, Optima Center Wilmette at 1100 Central Ave. in 1997 and Lake Courts at 1925 Lake Ave. in 1998. In 2010, Optima completed the 20-story Old Orchard Woods condominium towers overlooking the Edens Expressway and the Harms Woods Forest Preserve. According to the firm, it has completed 20 projects on the North Shore over the past four decades.

The latest Wilmette proposal first came before the village’s planning commissioners, who voted 5-2 on Feb. 4 to recommend trustees reject the project. The project was then revised with increased setbacks and added public benefits, and on March 10 the village board voted 5-2 to grant preliminary approval to the proposal. Ordinances clearing the way for the project were granted final approval unanimously at the Oct. 27 meeting of the Village Board.

Read the full feature on Patch

Optima Verdana Breaks Ground in Wilmette

Developer Optima Inc. has broken ground on its latest development, dubbed Optima Verdana. Located in Wilmette, Illinois, the new building will rise six floors and hold 100 luxury apartments. The new project comes as Optima’s most recent project, Optima Lakeview, wraps up construction with a scheduled completion of spring 2022. Optima Verdana is expected to be completed by spring 2023.

Located at the corner of Central Avenue and Green Bay Road, Optima Verdana will feature one-, two- and three-bedroom residences with an average size of 1,507 square feet. The boutique building will also feature 8,000 square feet of street-level retail. Private terraces averaging a size of 190 square feet will range up to 1,000 square feet, with select homes featuring grills and private firepits. A common rooftop deck will feature a range of health and wellness amenities including a lap pool, spa and sauna, party room, residents’ club, and more. Indoor amenities include a fitness center, basketball/pickleball court, golf simulator, children’s play area, pet park and spa, and work-from-home spaces.

Optima Verdana

Optima Inc.

Unit floor plans boast floor-to-ceiling windows with roller shades, Fisher & Paykel appliances, polished stone countertops, 10” plank flooring, smart home technology, with elegant additions including tiled shower floors and niches, separate water closets, powder rooms, custom closet systems, pantries and more.

Optima Verdana will debut the latest evolution of Optima’s signature vertical landscaping system. Developed at Optima’s Arizona projects, the Verdana landscaping system has been modified to accommodate the Midwest’s four seasons. The plantings on all of Verdana’s private resident terraces will stay green year-round and be maintained by Optima’s property management team. The self-containing irrigation and drainage system promotes evaporative cooling, re-oxygenates the air, reduces dust and smog levels, decreases ambient noise and detains stormwater.

 

Read more on Urbanize Chicago

Optima wins approval for mixed-use Wilmette project

The village of Wilmette, Illinois has given Optima, Inc. final approval for a mixed-use development of 109 luxury apartments and street-level retail at 1210 Central Avenue. Optima plans to break ground in late 2021 with project completion slated for 2023.

“Thanks to the support and shared vision of Wilmette’s leaders, we’re excited to be back in the North Shore developing our newest project,” said Optima CEO, David C. Hovey Sr., FAIA. In 2010, the firm completed the 660-unit Optima Old Orchard Woods condominium development in nearby Skokie, Illinois that overlooks the Harms Woods Forest Preserve and Interstate 94, one of the firm’s 20 North Shore projects.

Designed by Hovey, the new Wilmette development will feature 109 luxury one-, two- and three-bedroom rental units and more than 8,000 square feet of commercial space at street level, along with 28 parking spaces available for public use. Select units will have large, private terraces. Building residents will have access to a rooftop sky deck and pool, residential courtyard, a suite of amenities and 173 parking spaces, including some electric vehicle charging stations.

Floors one through three will use bird-friendly glass. Other sustainable features include Optima’s innovative vertical landscaping system that it has perfected at its Arizona communities. The Wilmette system will include self-containing irrigation and drainage and be complemented with hand-selected plants that will stay green year-round—even during the most extreme weather conditions. Optima is committed to earning Green Globes Certification for sustainable construction practices for the building

“As with each project we design and build, we’re very careful to ensure the buildings respect their environment and have a positive impact on the surrounding neighborhood,” said Hovey. “This development will be no different, as not only will it deliver the size of homes and amenities residents in Wilmette want, but the exterior design will feature our signature vertical landscaping system and public art component that will enhance the downtown community’s energy and aesthetic.”

Hovey will design an original, 8-foot-tall sculpture near the building’s entry as a public art piece. Optima will also install benches near the sculpture for passers-by to enjoy the space.

The final approval of the Wilmette building comes on the heels of Optima starting construction on Optima Lakeview, its new mixed-use, transit-oriented development of 198 apartments and street-level retail at 3460 N. Broadway in Chicago’s Lakeview neighborhood, which is scheduled to be completed in 2022.

Read the full feature on RE Journals

This Week’s Chicago Deal Sheet

Developer Optima broke ground for its six-story, 100-unit Optima Verdana apartment building at the corner of Central Avenue and Green Bay Road in downtown Wilmette on Chicago’s North Shore. The development is the firm’s second new Chicago-area retail and apartment building to break ground in the last year. Optima plans to complete the 198-unit Optima Lakeview in spring 2022, then welcome Optima Verdana’s first residents in spring 2023. Optima Verdana will mark the Chicagoland debut of the firm’s vertical landscaping system, which will allow all of Verdana’s private resident terraces to stay green year-round, as well as reduce dust and smog levels and decrease ambient noise.

 

Read more on BISNOW

person name goes here

Maintenance Supervisor

Glencoe, IL





    Acceptable file types: *.pdf | *.txt | *.doc, max-size: 2Mb