Sub. Developers Looking for Empty Nesters

CHICAGO—Morningside Group and Crossroads Development Partners broke ground yesterday on NorthShore 770, a mixed-use luxury apartment complex and retail center in suburban Northbrook that the co-developers say will be the first-of-its-kind in the area. The project will combine 347 mid-rise rental apartments and more than 100,000-square-feet of retail outlets, including a Mariano’s grocery store, Panera Bread, PNC Bank, Chipotle and many others. And the developers say this type of project should become more popular in the future.

“Our number one demographic is the empty nester,” David Strosberg, president and managing principal of the Chicago-based Morningside Group, tells GlobeSt.com. “And one of the things these residents value most these days is the chance to live in a walkable area.” The Mariano’s will be less than a block away, and “anyone who wants a coffee and croissant in the morning can walk over to Panera in a few minutes.”