News

Rolling on the Rivers

Real Estate Bisnow - Chicago, July 18, 2011

A report on the opening of the new Rivers Casino in Des Plaines, Illinois notes that the 137,000-square-foot facility contains more than 800 gaming positions, several restaurants, and many green elements. Midwest Gaming's Neil Bluhm and DMA's Charles Porter are pictured. 

Read the Entire Article: Rolling on the Rivers

Des Plaines casino to open July 18

Daily Herald, June 20, 2011

The new Rivers Casino in Des Plaines, Illinois will open July 18 with amenities that include a 44,000-square-foot gambling floor, five dining options, a cocktail lounge, a VIP area, and a multilevel outdoor patio. The article reports the casino will be the first in the nation to apply for LEED certification, an effort that DMA has supported as development manager for the project.

Read the Entire Article: Des Plaines casino to open July 18

Vice (and Windy) City

Real Estate Bisnow - Chicago, May 31, 2011

DMA's Charles Porter comments on work to complete the new Rivers Casino in Des Plaines, slated to open in July. This "sneak peak" at the facility includes two interior photos and cites unique features to accommodate guests and support LEED certification.

Read the Entire Article: Vice (and Windy) City

JMB Realty wants to build high-rise in Century City

Los Angeles Times, April 21, 2011

A report on JMB Realty Corp.'s plans to construct a $350 million office tower in Century City, Los Angeles cites consistent demand for office space in the area and relatively high rents. JMB's Patrick Meara notes that buyers are seeking space with a green sensibility. DMA is providing development management services to JMB for the project, pursuing a goal of a LEED Platinum certification from the U.S. Green Building Council.

Read the Entire Article: JMB Realty wants to build high-rise in Century City

Behind the $117M Chicago Barneys Sale

GlobeSt.com, April 13, 2011

A six-story retail property at Oak and Rush Streets in Chicago, housing the luxury department store Barneys New York, recently sold to an Israeli investment firm for $117 million. This report notes that the size of the deal makes it one of the year's largest retail real estate sales in Chicago at a top price per square foot. Development Management Associates served as the development manager for the core and shell of this structure, built to LEED-CS and including a 6,000-square-foot green roof.

Read the Entire Article: Behind the $117M Chicago Barneys Sale

New ReStore Fuels Green Building for a Great Cause

Habitat for Humanity, March 2011

A 28,000-square-foot resale store opened its doors in Aurora on March 9th, 2011 with a uniquely green purpose. ReStore fosters the reuse of building materials, appliances and furniture, saves "green" for contractors and do-it-yourselfers, and funds affordable housing projects for the Fox Valley Habitat for Humanity®. Tim Feldballe, DMA's CFO and Development Accounting Manager, is a founding member of this new green resource. For more than six years, he's also served as an executive board member and treasurer of Fox Valley Habitat for Humanity.

ReStore keeps construction waste out of landfills by accepting donated goods from retailers, manufacturers, distributors, contractors and homeowners. Shoppers have the opportunity to purchase items at greatly reduced prices, about 50% below retail. From idea to reality, ReStore's development was a three-year process, created during a drop in financial donations. Since 1990, Fox Valley Habitat for Humanity has built 45 homes. 

Development Management Associates is proud of Tim's contribution to this vital organization and supports all staff efforts to benefit communities in meaningful and sustainable ways.

Rivers Casino goes for ‘gold’ in green practices

TribLocal Des Plaines, March 29, 2011

DMA's Jason Westrope and Michelle Jaques comment in this article on LEED certification efforts for the newly named Rivers Casino, under development in Des Plaines. Use of sustainable materials, building practices, and green design elements are expected to help the project achieve LEED certification at the silver or gold level. 

Read the Entire Article: Rivers Casino goes for 'gold' in green practices

Des Plaines casino name unveiled

TribLocal Des Plaines, March 24, 2011

In recognition of green development efforts and the nearby Des Plaines River, Midwest Gaming and Entertainment has named Illinois' newest casino complex "Rivers Casino." Scheduled to open in July, Rivers Casino could be the U.S. casino to earn LEED status, for numerous green design elements and construction practices. Development Management Associates, LLC (DMA) continues to provide development management, project accounting, and LEED-related support to this project.

Read the Entire Article: Des Plaines casino name unveiled

Under New Management

Real Estate Bisnow - Chicago, February 10, 2011

dma | property, LLC, an affiliate of Development Management Associates, recently announced its official launch. Blending expertise from DMA and JMB Financial Advisors, the property management team formed at the request of a client and is already managing additional projects. DMA's Jason Westrope and Mike Levin are pictured.

Getting Fresh: Chicago chefs go (very) local with on-site herb gardens

Hotelier International, February 2011

Sustainable, local agriculture is an increasingly popular trend, and urban green roofs are in on it. Executive Chef Kevin Hickey, of the Four Seasons Hotel Chicago, plans to use the new green roof over the hotel at 900 N. Michigan Avenue to produce the freshest possible vegetables and herbs for his specialties. DMA is proud to have played a role in creating this growth opportunity.