Wingspan Development Group has formed a joint venture with Integrated Capital Management for the $60 million development of Sixteen|30, a 284-unit garden-style apartment community located at 14700 Wallin Drive in Plainfield, Ill.
Sixteen|30 will provide much needed multifamily housing to the Village of Plainfield, which has been a challenging submarket for developers to obtain entitlements for new multi-tenant residential product. This high barrier to entry and scarcity of supply is further amplified by underserved demand resulting from Plainfield’s close proximity to multiple employment centers, its high-ranking school district, and its overall quality of life.
Wingspan’s intention for Sixteen|30 is to create a community that is affordably priced while offering its residents an upgraded lifestyle with a fully amenitized clubhouse, a resort-style swimming pool, and other premium features such as bocce ball courts, fitness and yoga center, remote work environments,
