Having spent more than 18 months working on his Somerset Lakedevelopment for 41 acres north of Route 68 and east of the BonnieDundee Golf and Country Club, James J. Wozny has to wait at leastanother month to learn whether his 372-unit, $50-million projectmeets the approval of the village board.
While Carpentersville has its share of multifamily development,it is hardly comparable to Somerset Lakes proposed by Wozny's Brook– Ridge Development, Inc., based in neighboring East Dundee. Rentsfor the 180 one-bedroom units will start at $995 while the 192two-bedroom units will likely command $1,600 a month rents.
"This is what we consider to be a class-A rental project," Woznysays. "They're upscale units. The rents are not cheap."
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