VILLA PARK, IL – Garden Station, a transformative 348-unit mixed-use luxury residential community located within the Transit-Oriented Development (TOD) district of Villa Park, Illinois, has cleared another major milestone and is now positioned to go forward at full speed toward construction.
The project recently received re-approval from both the Village of Villa Park Plotting and Zoning Commission and the Zoning Board of Appeals and is awaiting approval from the Village Board of Trustees in the coming weeks.
Once completed, Garden Station is expected to become the largest net-zero mixed-use residential development in the United States, setting a new benchmark for sustainable housing while addressing the growing need for attainable, high-quality residential options in DuPage County.
Designed to meet rigorous sustainability standards, Garden Station incorporates numerous Passive House principles and advanced energy-efficient technologies that significantly reduce utility costs for residents while minimizing environmental impact. The development will offer an unparalleled combination of comfort, convenience, and affordability.
“Garden Station represents the future of multifamily living,” said Dr. Ganesan Visvabharathy, Founder and CEO of Hawthorne World. “Our vision is to make a community that combines environmental responsibility, exceptional resident experiences, and attainable living opportunities. This project demonstrates that sustainable development and affordability can go hand in hand.”
The project had previously experienced delays resulting from a senior lender default and a subsequent foreclosure action initiated by a bridge lender. But, following the dismissal of the foreclosure lawsuit and the successful placement of a substitute lender, the project is once again moving forward with strong momentum.
Garden Station is expected to play a significant role in addressing the DuPage County, Illinois housing shortage while supporting Villa Park’s long-term economic development and sustainability goals. Its strategic location within the village’s TOD district will provide residents with convenient access to public transportation, employment centers, shopping, dining, and recreational opportunities throughout the greater Chicago metropolitan area.
As development advances, Garden Station is poised to become a national model for sustainable mixed-use housing and a cornerstone of Villa Park’s continued growth and revitalization.

Powered by WPeMatico

FAYETTEVILLE, NC – WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry joined Resource Housing Group, Inc. and East Carolina Community Development, Inc. to celebrate the grand opening of Cliffmore Park, a new 72-unit affordable housing community for adults ages 55 and older located at 5133 Identity Lane in Fayetteville, NC.
Supported through the Low-Income Housing Tax Credit (LIHTC) program and serving households earning 40%, 50%, and 60% of Area Median Income (AMI), Cliffmore Park expands access to high-quality affordable senior housing. Cliffmore Park is WNC’s second affordable housing investment in Fayetteville, and the company invested approximately $6.5 million in equity to support the development.
“Cliffmore Park reflects the power of thoughtful partnerships to make housing that allows seniors to age with dignity, independence, and stability,” said Ryan Thayer, assistant vice president of originations at WNC. “We are grateful to Resource Housing Group, East Carolina Community Development, and our financing partners for helping bring this community to life. Together, we have made quality affordable housing with the amenities, services, and accessibility features that support healthy and connected lives.”
The new construction community consists of a three-tale, elevator-served building featuring 36 one-bedroom and 36 two-bedroom units. Each apartment includes ceiling fans, washer and dryer hookups, central air conditioning, a dishwasher, a self-cleaning oven, a range hood, and emergency call buttons. Private storage is available, and the development was constructed to meet ENERGY STAR Multifamily New Construction Program certification standards.
Shared spaces include on-site management offices, multiple lounges and seating areas on each floor, a multipurpose room with a kitchenette, a computer center, an exercise room, and laundry facilities. Outdoor amenities include a covered porch, gazebo, patio with picnic tables, and additional seating areas.
The community offers convenient access to transportation, shopping, healthcare, a senior center, and recreation, and a Fayetteville Area System of Transit (QUICK) bus stop is steps from the property.
In addition to serving seniors, 10% of the community’s units are designated through North Carolina’s Key Rental Help Program (KEY), which provides housing opportunities for individuals experiencing homelessness and people with disabilities.
Financing for the development included a construction loan from ServisFirst Bank, a permanent loan from Centrant Community Capital, a Rental Production Program loan from the North Carolina Housing Finance Agency, and a loan from the City of Fayetteville.

Powered by WPeMatico

BRAINTREE, MA – John M. Corcoran & Co. launched leasing last week at Dexter Street Commons, a new construction 150-home apartment community with ground floor retail in the Conant Thread District of Pawtucket, Rhode Island. Built by New England Construction, the 5-tale property will be managed by John M. Corcoran & Co. and expects to start go-ins late August.
Dexter Street Commons features spacious studio, one-bedroom, and two-bedroom units accessed via two lobby elevators. With varied layouts designed for remote work, the homes all include stainless Energy Star-rated kitchen appliances, energy saving LED lighting, and independent heating and cooling systems. Thirty of the apartments are designated as workforce housing for qualified individuals or families.
Dexter Street Commons was designed around how people want to live today, whether they re commuting to Providence or Boston, working remotely, enjoying neighborhood dining and shopping, or simply seeking a home that supports their well-being, said Kelli Ahearn-Lucas, Assistant Marketing Director at John M. Corcoran & Company. From the co-working spaces and lounges to the commuter-friendly location and wellness-focused design, this community offers residents a place to truly live, work, and thrive.
The pet-friendly building has been built with high-demand amenities that include high-speed IoT internet, private networking, co-working spaces, indoor lounge, sprawling roof deck, touchless access, a package room, bike storage, personal storage and EV charging. Additionally, the ground floor will feature large retail spaces to support the bustling downtown Pawtucket area.
Located one block from the new Pawtucket/Central Falls commuter rail and bus hub, this transit-oriented mixed-use property is a pioneering “Live Well, Be Well” community in the Conant Thread District. With simple access to Pawtucket, Boston, Providence, and TF Green Airport, it offers a live, work, stay, play, and belong lifestyle. The design prioritizes environmental sustainability and resident well-being.

Powered by WPeMatico