Phoenix Development Partners

Phoenix Development Partners is a seasoned real estate development and investment firm that delivers proven results across asset classes and project types. Drawing on our extensive experience in all facets of mixed-use and stand-alone development, we target properties and locations with hidden, untapped, or under-developed value in metropolitan growth markets.

Outside the box creativity, market awareness combined with strategic partnering is the culture at Phoenix which results in a blend of both design and financial success.

About

Phoenix Development Partners core members bring diverse experience, effective management, recognized insight and creativity, as well as respected relationships to each project.




John Mangel

CEO Founder
Direct 312-466-5700

jmangel@
phoenixdevelopmentpartners.com

Robert Braziunas

Development Director
Direct 312.810.7490

rbraziunas@
phoenixdevelopmentpartners.com

John Mangel

John brings over 20 years of substantial business development and planning experience having served as vice president of business development and acquisitions for HSA Commercial Real Estate and director of business development and strategy planning for the Walt Disney Company. While at Disney, he contributed to the development of 2,100 guest rooms; 140,000 square feet of retail and dining venues, directed the business plan for a $1 billion domestic theme park resort and participated on the development team for Disney Hong Kong.

He began his real estate career at Chicago based Field Companies and LaSalle Partners (Jones Lang LaSalle).

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Robert Braziunas

Responsible for project design to realization, inspirational sketch to nuts and bolts. During his over 40 years of professional experience he has been involved with projects totaling in the billions of dollars worldwide, including almost all use categories, architecture and planning in both the public and private sectors.

Prior to becoming directly involved with development, he held key positions at multiple architecture firms located in Chicago and overseas, whether on the board of directors, studio head or chief designer.

A sample project clientele includes the Minister of Foreign Affairs France , LVMH , Canal + Television, Envergure Hotel Group, Oliver Mcmillan, Terra cotta Industries, City of Evanston, and North Fork Ranch.

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Portfolio

Residential

THE BUCKLER

Milwaukee

In partnership with CA Ventures Phoenix is converting an office high-rise into market rate rental housing units and associated parking in Milwaukee's urban center. The Buckler will include a major amenities package including fitness, lounge conference room, basketball court social courtyard and garden. Unit mix varies from 2 story duplex units with private patios to micro residential units

Residential units
207

Gross square feet
250,000

Development budget
$30.6 million

Completion date
January 2016 Currently leasing and occupied.

Architect
Dimension IV Madison

General Contractor
Tri-North Builders

Student Housing

INFINITE

Chicago

The conversion of three historic office properties located in the heart of Chicago's loop to student housing. Phoenix spearheading the assemblage and re-zoning of the three properties, then securing $10 million in historic tax credits and a Joint Venture with Campus Acquisitions a leader in this market. The gross project costs were $60 million, $50 million net after the historic tax credits. Sold for $79,797,000 to an institutional buyer.

Units
135

Gross square feet
300,000

Development budget
$50.0 million

Completion date
Occupied

Architect
Pappageorge Haymes Partners

General Contractor
Lynn Mathes Inc.

Hospitality

HOMEWOOD SUITES

Mayfair Collection Wauwatosa, Wisconsin

This project is located in the new, open and expanding Mayfair Collection retail, restaurant and residential development in a upscale established suburb of Milwaukee. This hotel will be a cornerstone of the community. and will become a first choice for guests seeking comfortable and home-like accommodations when traveling for an extended stay. Homewood Suites by Hilton received the highest ranking in the J.D. Power North America Hotel Guest Satisfaction ten years in the past 13 for the brand.

Guest rooms
146

Meeting rooms
2

Gross square feet
114,000

Development budget
$19.6 million

Completion date
Fall 2016 Currently under construction

Architect
BKV Group

General Contractor
Stevens Const. Corp.

Restaurant

OSGOODS

Mayfair Collection Wauwatosa, Wisconsin

Upscale fast casual dining with drive thru / pick up service. A modern fresh design both on the exterior and interior with a post industrial gesture to the architectural spirit of the Mayfair Collection. It is situated for maximum visibility with a major highway and collector roadway which border the future restaurant. Counter order with runner service will offer a wide variety of menu items, burgers, ribs, salads, something for everyone, very much family friendly.

Seats
167 indoor 62 outdoor

Gross square feet
6504sf enclosed 1040sf patio

Development budget
$4.0 million

Completion date
November 2015 Currently operational

Architect
Knauer Inc.

General Contractor
Tri-North Builders

 

BARTOLOTTA COLLECTION

Mayfair Collection Wauwatosa, Wisconsin

A collection of 3 restaurants each with their own cuisine but a common core kitchen. A tavern, a French bistro and a taco restaurant each with their own outdoor dining terraces. This group represents an entire block at the Mayfair Collection and setting the standard for the restaurant row. In addition the tavern will directly access and control an event outdoor space expanding its potential and the other two restaurants face with their respective patios a community event pocket park.

Seats
435 indoor 116 outdoor

Gross square feet
15,600sf enclosed 2700sf patio

Development budget
$9.7 million

Completion date
Summer 2016

Architect
Kahler Slater

General Contractor
Tri-North

New Projects

Residential

Grand Central

Chicago

Located at the edge of the financial district a phased mixed use project is being designed with a mix of condominium residential, rental residential, a major hotel, and accessory parking. A site with exceptional views and walkability to all the richness of downtown Chicago.

Housing units
400 to 600

Hotel
200 keys

Gross square feet
To be finalized

Development budget
To be finalized

Completion date
Phase 1 Fall 2017

Architect
Pappageorge Haymes Partners

General Contractor
To be determined

Senior Living

CRESTHAVEN

Orland Hills, Illinois

Cresthaven Assisted Living an 87-unit independent and assisted living facility that will provide state-of-the art housing and enhanced quality of life for seniors in south suburban Chicago. Including 25 independent living units, 30 assisted living rooms and 32 dementia case rooms. Revere Healthcare a leader in the industry will manage the operations. Over the past three decades, it has managed and marketed more than 10,000 units and brings extensive experience in managing long-term care and senior housing facilities.

Housing units
87

Gross square feet
74,000

Development budget
$24.0 million

Completion date
Spring 2017 Currently contract bid phase

Architect
Tyson and Billy Architects

General Contractor
To be determined

News

Click on the image to open article in a new tab



MILWAUKEE - Construction is Booming in Downtown Milwaukee

Construction is booming in downtown Milwaukee as developers try to get suburbanites to move into the city. Experts said the apartment boom downtown keeps growing and isn't slowing. Buildings are either under construction, or like the Buckler, just completed. The Buckler, at 5th and Michigan streets, sat vacant for about six years when it was known as the old Blue Cross Blue Shield building. It now houses more than 200 upscale apartments with 24-hour concierge and a basketball court.

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Infinite Chicago - Best Adaptive Reuse (from non-residential product to rental apartments) - Winner

The redevelopment encompasses the conversion and renovation of three vintage buildings located in Chicago's downtown Historic Music Row district into a mixed-use housing and retail complex tailored to the area's booming college student population. Designed by the noted Architects Marshall & Fox, the landmark Steger Building of 1910 and the Gibbons Building (contributing structure in a designated historic district) of 1912 are repurposed for 124 residential dwellings.

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Infinite Chicago - Design Excellence Awards 2015

The conversion and renovation of Chicago's landmark 19-story Steger Building (1910), and the 16-story Gibbons Building (1912) designed by Marshall & Fox Architects, and the iconic Pickwick Stables Building (1800's) located between the two structures into a mixed-use student housing and retail complex. The complicated adaptive re-use scheme honors the historic legacy of the buildings while maximizing the development opportunity.

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Inside The Buckler Apartments

Out go the cubicles, in come the queen beds. Chicago developers are breathing new life into a long-vacant office building by converting it to high-end apartments. Built as the Milwaukee office for insurance giant Blue Cross Blue Shield in 1978, the 11-story, modernist tower at 401 W. Michigan St. had been vacant since 2006. Now known as The Buckler, it's home to 207 apartments ranging from first-floor, townhouse-style units to penthouses with lake and skyline views.

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2,700 homes planned on South Loop site

A development group that has been gobbling up South Loop land wants to build five towers with nearly 2,700 residential units on one site it controls just four blocks south of the Willis Tower.

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Apartments proposed for former Blue Cross site near Grand Avenue

A downtown Milwaukee office building, vacant since 2006, would be converted into market-rate apartments -- a $28 million development that would help bring new life to the area near the Shops of Grand Avenue. The 11-story building at 401 W. Michigan St., formerly home to Blue Cross Blue Shield of Wisconsin, would be converted into just under 200 units for about 300 residents, according to the proposal from DJ Acquisitions LLC, a Chicago-based investment group.

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Developer follows downtown growth west

Since late 2014, workers have been converting a long-vacant office building near downtown Milwaukee's Shops of Grand Avenue into just over 200 high-end apartments. But that $30.6 million project has operated in stealth mode, with sparse news media coverage based solely on information from building permits and other public documents. Now, Chicago developer John Mangel is talking about why he and his partners are making a major investment in a building that has been empty since 2006.

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Daccord's Wisconsin Presence Grows

Daccord is providing project management services for four separate projects for Phoenix Development Partners all located in the Milwaukee, Wisconsin area.

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New restaurants, hotel coming to Mayfair Collection

A groundbreaking Thursday at Highway 45 and Burleigh Street marked the start of construction of a Homewood Suites hotel and a group of four Bartolotta restaurants. A 6,500-square-foot diner, Osgood's, will be built near Highway 45. An additional 15,000-square-foot building will be built to hold three additional restaurants, including a gastropub, a sushi restaurant and a French bistro.

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The Milwaukee Restaurant Ecosystem

There are an estimated 1,300 restaurants in Milwaukee, with more than 50 opening in the past year. These range from neighborhood mom-and-pop operations to expensive gustatory palaces, each of them vying for the attention and dollars of an increasingly savvy audience. What�s remarkable about this burgeoning scene is that when digging at the roots that anchor and connect these establishments, some familiar faces emerge cloaked in chef�s whites. As much as restaurants live or die by their food, their leadership and staff play perhaps an even more important role.

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Bartolotta to open three restaurants at Mayfair Collection

Bartolotta Restaurants, of Milwaukee, and Phoenix Development are planning to build three free-standing restaurants at the south end of the center close to Burleigh Street, according to a Thursday announcement. The restaurant openings will be staggered, with the first opening later this year and others opening by summer 2015.

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PHOENIX DEVELOPMENT PARTNERS WORKING WITH THE BARTOLOTTA RESTAURANTS TO CREATE AND MANAGE THREE NEW EATERIES AT THE MAYFAIR COLLECTION IN WAUWATOSA

Phoenix Development Partners today announced it will partner with The Bartolotta Restaurants to create, open and manage three NEW dining spots at the just-opened Mayfair Collection in Wauwatosa. While still in the development stages, possible restaurant concepts include a modern diner, a beer-themed pub and a casual French bistro.

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Phoenix Development Partners and The Bartolotta Restaurants Break Ground on Four New Restaurants at The Mayfair Collection

Following more than a year of planning, shovels hit the dirt Thursday at The Mayfair Collection on what will be four new restaurants created through a partnership between Phoenix Development Partners and The Bartolotta Restaurants.

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The Buckler apartments create big impact despite low profile

Among downtown Milwaukee's new apartment developments, The Buckler could be the largest project with the least amount of publicity. A $30.6 million private investment withmore than 200 units, the building does not have a high-profile location on the Milwaukee River and does not overlook Lake Michigan.

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The Buckler From empty office building to apartment building, the conversion is nearly complete.

The 401, now known as The Buckler, is still under construction. The former office building at 401 W. Michigan St. is being converted into an apartment complex in the hope that it brings life to Downtown. The 11-story, 236,218 square-foot building was the Wisconsin headquarters of Blue Cross Blue Shield insurance until 2006 when the company abandoned the building for Summit Place in West Allis. The building has been empty since.

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This was a fantastic evening for PH to show off the Gibbons + Steger Buildings.

What an incredible evening at the Gibbons + Steger Buildings � �Infinite� Apartments at last week�s Landmarks Illinois Real Estate and Building Industries Council Award Reception. This is a gorgeous revitalization of what were underutilized and deteriorating buildings on a key Chicago Loop corner at Jackson and Wabash. CA Ventures, and its many partners, recognized and responded to the significant market demand for student housing downtown cost effectively through the adaptive reuse of these buildings.

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Contact


30 South Wacker Drive, Suite 2200
Chicago, IL 60606

1212 Avenue of the Americas, 16th Floor
New York, NY 10036

Office: 312.466.5700

info@phoenixdevelopmentpartners.com



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