NEW TRIER PARTNERS RECEIVES APPROVAL FOR NEW MIXED-USE PROJECT

WINNETKA, ILL. — Chicago-based New Trier Partners has received approval from the Village Council of Winnetka for the construction of a new multi-use project located in downtown Winnetka. The project, which is currently unnamed, will be built on the site of the former Fell Company building at the corner of Lincoln Avenue and Elm Street. It will consist of a four-story structure with 31 condominium units over street-level retail space. The retail component will feature boutique shop space fronting both Elm and Lincoln. Residences will be priced from $800,000 to $1.8 million. The project will also be applying for LEED certification and will be Winnetka’s first LEED-certified new structure if it receives the designation. New Trier Partners is currently securing financing for the project. A groundbreaking date has not been set.