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Sales booming at Roosevelt Square


July 18, 2008

Slow housing market in Chicago? Not at Roosevelt Square, where phase I is sold out and phase II sales are going strong. A unique property that combines urban living with an authentic Chicago neighborhood, singles, families and empty nesters are proud to call this their home. Welcome to Roosevelt Square.

This growing neighborhood located roughly between Taylor Street and Roosevelt Road just east of the University of Illinois at Chicago campus, has everything you would expect from a city neighborhood, including several gourmet grocery stores and coffee shops, banks and florists as well as some of Chicago's finest restaurants. In fact, the neighborhood sits just steps from Chicago's Little Italy and is a short cab ride from Greektown. Nearby, Fosco Park offers Chicago Park District programs for families and young children.

One reason this development is selling in today's market is obviously the location. Another, however, is the quality and reputation of the developer, Related Midwest, a progressive leader in the development of award-winning real estate properties in Chicago. A key to Related's success has come from their team's ability, and willingness, to understand the people in the surrounding community.

"Related has gone above and beyond its requirements to involve the community in the planning and development. This tapped the deep sense of pride people have for their neighborhood and its transformation," said Homer Lyons, vice president, West Side Transformation.

This type of collaboration has given Roosevelt Square authenticity, making it more than a development.

"We listened to community leaders, residents, and neighbors. As a result, they all have taken a certain ownership in Roosevelt Square's success, which has been an important factor in making Roosevelt Square what it is today," said Curt Bailey, president, Related Midwest.

Roosevelt Square is city living the way you imagined, convenient, affordable and ecologically smart. From the countless beautiful parks outside, to the energy efficient appliances and design elements inside, residents can put down their car keys and

walk, bike or take public transportation. It's green city living at its finest.

More than 400 units quickly sold in phase I of Roosevelt Square, and sales of Phase II are progressing well. Homes in phase II include apartments, condos, town homes and single-family homes all with private outdoor space such as private backyards, outdoor decks and garden courtyards.

"We are not just about giving someone a place to live, but we want to help them build a life in this community," said Bailey, "That's what Roosevelt Square is all about."

Roosevelt Square: a breakdown of the housing options


• Town Homes: Four models range from 1800 to 2900 square feet. Each one features luxury finishes, garage parking, private balconies and rooftop decks.


• Condos: Six- and 12-story condos named after Chicago's historic parks will be located on Roosevelt Road, Grenshaw, Washburne and 13th Streets. Each two-bedroom condo includes a designated parking space.


• Flats within five-story elevator buildings: Two 45-unit condo buildings are located on Roosevelt Road between Racine and Loomis. These homes feature a fitness center and heated indoor parking.


• Designated parking space for each home.

Services, amenities and nearby attractions


• Dominick's, Whole Foods, Jewel and Best Buy all nearby


• Branches of a number of area banks, a Walgreen's, dry cleaners, florists, bakeries, a hardware store and all of the other services you expect from a city neighborhood are just minutes away


• Fosco Park, a newly constructed Chicago Park district facility offering a wide range of amenities and programming is within easy walking distance as is Arrigo Park and Sheridan Park, where families and young children can meet their new neighbors in a friendly setting


• Located just steps from Chicago's Little Italy neighborhood and a short cab ride from Greektown


• Starbuck's, Pompeii Bakery and Sweet Maple Café are all within walking distance


• Convenient commutes via public transportation to work, school or the vast shopping and cultural events of Chicago. Related Midwest