Village Purchases Land for Apartment Complex for $1.2 Million
The Village of Greendale completed a $1.2 million purchase of 8 acres of property for the development of a 160-unit, high-end apartment complex on land just east of Southridge Mall. The village purchased the land from J.C. Penney Corp.
Previously, the Village Board approved a proposal by General Capital and Robert Joseph Properties for a 160 unit apartment complex at Southridge Mall at their meeting on June 7. The complex will be located on the east side of the JC Penney property at on mall property.
The residential complex includes three buildings with underground parking. The buildings will have a mix of one-bedroom, two-bedroom units, and three-bedroom units. The complex includes 64 one-bedroom units, 92 two-bedroom units and 4 three-bedroom units, 182 underground parking spaces and 86 surface lot parking spaces. The complex will include a clubhouse between the two buildings on the west side of the development. A courtyard will link the north and south buildings.
Two of the buildings will access the Southridge Mall ring road, and one 46 unit building will access 68th Street.
General Capital previously constructed the 90 unit Berkshire Greendale Senior Housing complex, also adjacent to Southridge Mall.