Presen Presented: d: July 1 July 11, 20 , 2018 Tim P Tim Poma - - PowerPoint PPT Presentation

▶
presen presented d july 1 july 11 20 2018 tim p tim poma
SMART_READER_LITE
LIVE PREVIEW

Presen Presented: d: July 1 July 11, 20 , 2018 Tim P Tim Poma - - PowerPoint PPT Presentation

Nov 05, 2022 233 likes •510 views

Presen Presented: d: July 1 July 11, 20 , 2018 Tim P Tim Poma maville, Presid ville, President ent, Ambr Ambrosi osia Homes Incor Homes Incorporat orated ed 540 5401 W W La Lawr wrence #30 ce #30137, Ch , Chicag ago, IL 606

slide-1
SLIDE 1

Presen Presented: d: July 1 July 11, 20 , 2018 Tim P Tim Poma maville, Presid ville, President ent, Ambr Ambrosi

  • sia Homes Incor

Homes Incorporat

  • rated

ed 540 5401 W W La Lawr wrence #30 ce #30137, Ch , Chicag ago, IL 606

  • , IL 60630; 3

0; 312-43 12-437-8292 (mo 7-8292 (mobile ile), 3 , 312-268-549 12-268-5491 (fa 1 (fax) Tim.P m.Poma maville@Ambr ville@AmbrosiaHomesInc.com siaHomesInc.com www www.Ambr .Ambrosi siaHomesI aHomesInc.com c.com

slide-2
SLIDE 2

Ambrosia Homes Incorporated CONFIDENTIAL

Table of contents

Ambrosia Homes in Oak Park……………………………………………………………………………………… Maps………………………………………………………………………………………………………………… Existing photos ……………………………………………………………………………………………………… Survey of vacant lot…………………………………………………………………………………………………… Project summary …………………………………………………………………………………………………… Site plan……………………………………………………………………………………………………………… Proposed renderings………………………………………………………………………………………………… Architecture………………………………………………………………………………………………………… Needed from Village …….…………………..…..…………………………………………………………………. Elevations & floorplans…….………………..…………………………………………………………. 3 5 7 10 11 15 16 19 20 21

slide-3
SLIDE 3

Ambrosia Homes Incorporated CONFIDENTIAL

Am brosia Hom es

  • Principal: Tim Pomaville, MBA, CPA
  • Company started in 2008
  • Locally owned; based in Chicago
  • Builds single family homes, condos and apartment rentals
  • We build in Chicago, Oak Park, La Grange and other infill areas
  • Since 2008, we have built and sold over 90 homes in Chicagoland

including single family detached and attached units

3

slide-4
SLIDE 4

Ambrosia Homes Incorporated CONFIDENTIAL

Am brosia Hom es in Oak Park

  • 1164 S Clinton (Gut rehab single family home)
  • 1231 N Hayes (New construction single family home)
  • 1022 N Lombard (New construction single family home)
  • 805 S Taylor (Gut rehab single family home)
  • 704 S Wisconsin (New construction single family home)
  • 1181 S Oak Park Ave (New construction single family home)
  • 1171 S Humphrey (New construction single family home)
  • 1154 S Lombard (New construction single family home)
  • 1159 S Lyman (Proposed new construction single family home)
  • 1136 S Harvey (Proposed new construction single family home)

4

slide-5
SLIDE 5

Ambrosia Homes Incorporated CONFIDENTIAL

Area m ap

5

slide-6
SLIDE 6

Ambrosia Homes Incorporated CONFIDENTIAL

Zoning m ap: MS Madison Street

6

slide-7
SLIDE 7

Ambrosia Homes Incorporated CONFIDENTIAL

Subject property photos

7

slide-8
SLIDE 8

Ambrosia Homes Incorporated CONFIDENTIAL

Property photos: Madison Ave

8

slide-9
SLIDE 9

Ambrosia Homes Incorporated CONFIDENTIAL

Property photos: Lym an Ave

9

slide-10
SLIDE 10

Ambrosia Homes Incorporated CONFIDENTIAL

Survey of the property: 123.8 5’ x 144.15’

10

17,8 53 SF of Land

slide-11
SLIDE 11

Ambrosia Homes Incorporated CONFIDENTIAL

Project sum m ary

  • New construction apartment building w/ adjacent, on-site parking
  • Three story building, frame construction
  • 23 residential units (750 SF of land per 1 residential unit)
  • Building height: 37.5’
  • Average net apartment unit size: 1,000 SF
  • Gross building area: Approx. 25,000 SF
  • Unit Mix:
  • 20- two bedroom two bath units
  • 2- one bedroom one and a half bath units
  • 1- three bedroom two bath unit
  • 23 parking on-site parking spots
  • Parking lot is secure: fully fenced with sliding gates
  • Includes handicap parking, loading zone

11

slide-12
SLIDE 12

Ambrosia Homes Incorporated CONFIDENTIAL

Project sum m ary (Cont.)

  • Building characteristics/ amenities
  • Three story structure: Hardie board and stone exterior
  • Elevator building
  • Lobby with package receiving room
  • Shipping companies will have codes, residents able to buzz people into building

from smart phone for deliveries

  • Dry-cleaning drop-off/ pickup lockers
  • Dog spa
  • Bike room
  • Smart cameras in common areas/ all visible from smart phones
  • Pet friendly building
  • Fully sprinklered

12

slide-13
SLIDE 13

Ambrosia Homes Incorporated CONFIDENTIAL

Project sum m ary (Cont.)

  • Unit amenities
  • Every unit has private outdoor space
  • In unit laundry
  • In unit furnace/ a/c/ Nest thermostats
  • 9’ ceilings w/ modern, open layouts
  • Chef’s kitchens w/ islands
  • Quartz countertops
  • Master bathrooms; Walk in closets
  • Luxury vinyl tile flooring (LVT)
  • Wi-Fi included in rent
  • Key fob unit access/ smart phone access
  • Professionally managed (24/7 800# access for emergencies)

13

slide-14
SLIDE 14

Ambrosia Homes Incorporated CONFIDENTIAL

Project sum m ary (Cont.)

  • Marketing Summary
  • Class A building, just smaller
  • Class A individual units
  • Condo quality; Identical to other new construction apartments in Oak Park
  • Professionally managed
  • On site, secure parking
  • Less amenities; no fulltime, on-site employees
  • All units are market rate
  • We can price these units less than the fully amenitized projects on the

West side of Oak Park

  • The units will be priced higher than the existing, vintage walk-up units

nearby

14

slide-15
SLIDE 15

Ambrosia Homes Incorporated CONFIDENTIAL

Site plan with landscaping and parking

15

slide-16
SLIDE 16

Ambrosia Homes Incorporated CONFIDENTIAL

Proposed rendering: Madison Street

16

slide-17
SLIDE 17

Ambrosia Homes Incorporated CONFIDENTIAL

Proposed rendering: Lym an Avenue

17

slide-18
SLIDE 18

Ambrosia Homes Incorporated CONFIDENTIAL

Proposed rendering: At the corner

18

slide-19
SLIDE 19

Ambrosia Homes Incorporated CONFIDENTIAL

Architecture

  • Architect: Dennis Kulak, KLLM Architects
  • Wanted project to feel residential
  • Focused on the homes on Lyman for design cues
  • Keep front of building on Lyman since it is residential project
  • Want lobby to be accessible from Lyman and from parking lot
  • Desire for residents to feel like part of community, participate in block

parties, etc.

  • Tried to hide parking from Madison
  • Minimal setback on Madison- 6”
  • Set backs on Lyman and Alley: 3’

19

slide-20
SLIDE 20

Ambrosia Homes Incorporated CONFIDENTIAL

Needed from Village

  • Lot currently zoned MS Madison Street
  • Apartments are allowed as of right
  • Parking is being provided on site at 1 spot to 1 residential unit
  • Landscape buffer provided between project and existing house on Lyman
  • Need special use permit to allow for residential use on the ground floor
  • No commercial tenants/ uses as part of this project
  • Need maintenance agreement/ install easement for landscaping for the 10’

area between the Property and Madison Street

  • Not requesting any variances; building as of right

20

slide-21
SLIDE 21

Ambrosia Homes Incorporated CONFIDENTIAL

Elevations: Madison St & parking lot

21

slide-22
SLIDE 22

Ambrosia Homes Incorporated CONFIDENTIAL

Elevations: Lym an Ave & alley

22

slide-23
SLIDE 23

Ambrosia Homes Incorporated CONFIDENTIAL

Floor plans: First floor lobby

23

slide-24
SLIDE 24

Ambrosia Homes Incorporated CONFIDENTIAL

Floor plans: First floor two bed units

24

slide-25
SLIDE 25

Ambrosia Homes Incorporated CONFIDENTIAL

Floor plans: Second/ third floor two bed units

25

slide-26
SLIDE 26

Ambrosia Homes Incorporated CONFIDENTIAL

Floor plans: One bedroom units

26

slide-27
SLIDE 27

Ambrosia Homes Incorporated CONFIDENTIAL

Questions???

27