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Developing the Future

Founded in 1996 by Tom Moran and Anthony Rossi, M&R Development is an environmentally conscious developer of luxury, high-end rental apartment buildings ranging in style from suburban garden and mid-rise to urban high-rise. They are an innovative company focused on sustainable and eco-friendly developments with six of their most recent projects receiving LEED certifications.

The M&R Development team continues to introduce new ideas into the multifamily industry and continually strives to deliver apartment homes far beyond residents' expectations. Mr. Moran and Mr. Rossi were some of the first developers to introduce luxury living into the Midwest market. Their early ideas included expansive fitness centers, business centers, cyber cafes, cinemas and pet spas. In a time when the cost to rent is lower than the cost to own a home, more and more residents are choosing M&R Development projects because of the attention to detail and their genuine concern for the comfort of the residents.

To date, M&R Development has developed nineteen properties with over 4,700 units, spanning from the Chicago area to Madison, WI. This makes them one of the largest developers of suburban properties in the Midwest. Their most recent projects were delivered in 2021, amid a worldwide pandemic, 42 Hundred on the Lake (St Francis, WI) and Elevate Apartments (Madison, WI). 42 Hundred On the Lake achieved 90% occupancy within nine months of opening; setting a record lease-up for the team.

 

 

News...

January 2022
St Francis Lakefront Development
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October 2021
Elevate Apartments Opens
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October 2021
M&R Opens its second devlopment this year
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August 2021
4200 On The Lake Grand Opening
View Article

 

Featured Property:

Addison & ClarkThe Residences at Addison & Clark officially open across from Wrigley Field!

M&R Development and Bucksbaum Retail Properties celebrate the grand opening of The Residences at Addison & Clark, a 148-unit luxury apartment building located at 1025 W. Addison St., across from Wrigley Field in Chicago’s Lakeview neighborhood.The residences comprise the upper floors of Addison & Clark, a mixed-use, transit-oriented development that will offer diverse shopping and entertainment options to compliment the area’s sports-centric background. Thoughtfully designed studio, convertible, one- and two-bedroom apartment homes feature engineered wood flooring throughout the living areas, quartz countertops and an upgraded stainless steel appliances package with sizeable walk-in closets and in-unit laundry. Select apartments offer floor-to-ceiling windows and balconies with stunning views.

“The realization of The Residences at Addison & Clark is a result of our strategic partnership with Bucksbaum Retail Properties to develop the property and curate the experiential retail and entertainment partners that will turn this corner into a year-round attraction for residents and visitors alike.” – Anthony Rossi, President of M&R Development