Centrum Properties is one of Chicago's most respected real estate developers. Formed in 1980, Centrum is a full service real estate company that focuses on the development of distinctive residential and commercial properties. Although the heart of its development activities has always been metropolitan Chicago, Centrum's portfolio has expanded to include projects in Washington D.C., Manhattan, Hollywood Beach, Miami, Tampa, Orlando, Sarasota, Boynton Beach, Boston, St. Louis, Kansas City, and San Francisco.
A tradition of quality, performance and service defines Centrum's approach to real estate development. Commitment to the highest standards of planning and design has earned vast industry recognition: The 600 West building was selected by Chicago's Landmark Preservation Council as the 2002 Outstanding Rehabilitation Project, Churchill Row received a Distinguished Building Award from the Illinois Institute of Architects, Chicago Chapter; Riverpoint Shopping Center received a Centers and Stores of Excellence from Monitor's Magazine; and Centrum has won numerous Key Awards from the Home Builders Association of Greater Chicago.
Centrum has garnered acclaim in Chicago's urban marketplace for creating distinctive residential communities such as Dearborn Mews, Churchill Row, Bradley Place, Sewing Exchange Lofts and Townhomes, No. Ten Lofts, as well as Kingsbury Park (including The Montgomery, Domain Lofts, and River Village). Creative land planning and distinctive architectural style are Centrum's landmarks which are reflected in its select suburban residential communities such as Ashbury Woods of Lake Forest, Cyril Place of Highland Park, Middlefork Woods of Northfield, Station Place of Glenview, and Wheaton Place and Wesley Square of Wheaton.
Centrum's full service approach to the development process, including zoning, architecture, construction and finance has enabled its specialty retail division to flourish. In addition to being one of the largest Walgreens developers in the Midwest, Centrum has also developed numerous projects for Starbucks, Borders Books and Music, LaSalle Bank, Bank One, and TCF Bank.
Developing distinctive commercial projects in an urban environment is both challenging and rewarding. From the Claridge Hotel in Chicago's Gold Coast to Creve Coeur Pavilion in Missouri, North Avenue Collection in Chicago's River North, and Lafayette Corporate Center in Boston, Centrum has met every challenge in developing in the most dynamic business environments in the country.
In 2004, Centrum began a major expansion into the condominium conversion business in Florida and Chicago. Centrum has converted over 3500 units to condominiums in such distinctive communities such as The Wave, The Tides and Sian Ocean and Resort Residences in Hollywood; Serenata and Somerset in Orlando; Cite in Miami.
The strength of any company can be found in its people. Centrum's reputation has been built on the foundation of its principals and their combined 70 years of experience in the real estate industry. Centrum's national team of talented professionals embodies the creativity, energy, and perspective needed for the continued success of each new development project.
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