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LEN Lennar Corp

161.03
0.00 (0.00%)
Pre Market
Last Updated: 09:00:03
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Share Name Share Symbol Market Type
Lennar Corp NYSE:LEN NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 161.03 3 09:00:03

The Emerson to Offer Life of Convenience with New Retail Additions

19/10/2017 3:07pm

PR Newswire (US)


Lennar (NYSE:LEN)
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OAK PARK, Ill., Oct. 19, 2017 /PRNewswire/ -- LMC, a leader in apartment development and management, along with its partner, Clark Street Real Estate, today announced several milestones in the development of The Emerson, a luxury mixed-use apartment community designed to enhance the modern, pedestrian-friendly lifestyle in Oak Park, Ill.

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The Emerson, which consists of 270 apartment homes within a five-story mid-rise and a 20-story high-rise, will help reinvigorate the walkability of the Oak Park neighborhood for residents and visitors with the grand opening of several new retailers, including Target, The Groomery by Petsmart, Wheel & Sprocket and Firecakes Donuts.

"We are excited to welcome these retailers, whose presence will undoubtedly be a critical part of providing a truly new urban living experience for our residents," said Doug Bober, divisional president of the Central and Midwest regions for LMC. "With these additions, this edgy, culturally adept Oak Park neighborhood will offer walkable living at its best to current and future residents for years to come."

The Emerson's leasing office, located on the second floor of the high-rise in the residential building, is set to open on Oct. 22. This will coincide with the grand opening of Target. Target will anchor The Emerson's 25,000 square feet of retail and will include an in-store Starbucks and CVS Pharmacy. Following closely will be the Groomery by Petsmart, opening on Oct. 23 offering grooming, self-service spa stations and pet-related merchandise.

Firecakes Donuts, which has popular nearby locations in River North and Lincoln Park, is aiming to open in late November. In addition to donuts, Firecakes will offer its brand of homemade ice cream and serve cold and hot beverages. The future site of the donut shop faces the L-Station, Metra commuter line and Pace bus stop, allowing residents to grab breakfast before taking the 15-minute ride into Downtown Chicago.

Lastly, Wheel and Sprocket, one of America's leading bicycle shops, is now open at 1118 Westgate.  Wheel and Sprocket offers a full line of bikes and accessories from the bike enthusiast to cruisers. 

Situated at 1135 Westgate Street, The Emerson's buildings are connected via a pedestrian bridge over Westgate Street with a new public parking garage at the base of the high-rise. The community is also adjacent to Lake Street and Marion retail corridor and within walking distance of a Whole Foods Market, Trader Joe's, Walgreens, Lake Street Theater and several other local and national dining, entertainment and shopping destinations. Interstate 290 is within two miles of the community, offering access to the key attractions and employment centers in the city and its sprawling suburbs.

The Emerson consists of studio, 1- and 2-bedroom apartments and features a premier community amenities package. Included are a state-of-the-art fitness center and spacious multi-sport training studio, heated outdoor swimming pool, private cabanas with resort-quality outdoor furniture, high-end outdoor grills, a landscaped outdoor deck with city views and a business center with private offices. Residents also will have access to package concierge and a dry-cleaning locker system.

Apartment interiors are equipped with quartz countertops, stainless steel appliances, glass tile backsplashes, tile shower surrounds with frameless glass doors, in-unit washers and dryers, luxury vinyl-plank flooring and European-style custom cabinetry with under-cabinet lighting in select units.

About LMC
LMC, a wholly owned subsidiary of Lennar (NYSE:LEN), is a multifamily real estate development and operating company with a diverse portfolio of institutional quality multifamily rental communities across the US. LMC has a 24,400-unit pipeline of communities ranging from operating to under development that exceeds $8.4 billion and consists of high-rise, mid-rise and garden apartments.

LMC creates extraordinary communities where people can live remarkably.

www.LiveLMC.com

Media Contact
Lindsey Bernhardt 
LinnellTaylor Marketing 
303-682-3941 
lindsey@linnelltaylor.com

 

View original content with multimedia:http://www.prnewswire.com/news-releases/the-emerson-to-offer-life-of-convenience-with-new-retail-additions-300539644.html

SOURCE LMC

Copyright 2017 PR Newswire

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