About Centrum Properties
Centrum Properties, a 25-year-old full service real estate firm, specializes in the development of distinctive residential and commercial properties. The company has garnered acclaim in Chicago’s urban marketplace for creating spectacular communities including the award-winning redevelopment of the historic Montgomery Wards headquarters into a 30-acre mixed-use community with luxury residences. Now under development is Cityfront Plaza, a three-building, 1,000-unit project steps from Michigan Avenue and The Lofts at Roosevelt Collection, a unique mixed-use development with over 1-million square feet of lifestyle retail in Chicago’s South Loop District.
In addition to being one of the largest developers of Walgreens in the Midwest, Centrum Properties is also well known for creating some of the most dynamic business environments in the country. 600 West, a 1.5 million square foot state-of-the-art office and technology project in Chicago, is among the highlights in their portfolio of commercial developments including Boston, Missouri and San Francisco.
Centrum has also successfully developed and converted residential and mixed-use properties around the nation. Starting with the historic Western Auto Lofts in Kansas City, their tradition of excellence has continued with No. Ten Lofts in Chicago, Sunscape Villas in Phoenix, and Mandalay on the Hudson in New Jersey.
At the forefront of the Centrum’s national efforts have been multiple successful conversions of rental communities into for-sale condominiums in highly sought-after neighborhoods in South and Central Florida, including the Flamingo South Beach - nearly 1,700 condominiums 16.5 acres of bay location in South Beach, and the largest residential conversion currently underway in the United States.
With their unwavering commitment to building, revitalizing and marketing affordable, luxury homes and condos, Centrum has recently brought decades of experience back to their roots in the Southeast with the creation of Centrum Nashville. Currently under development is over $500 million in mixed-use and commercial development in Nashville and the surrounding vicinity, and over 1,000 acres of luxury residences planned for the highly sought-after communities of Middle Tennessee and Northern Alabama.
The strength of any company can be found in its people. Centrum’s reputation has been built on the foundation of the partners and their combined 100 years of experience in the real estate industry. Their national team of talented professionals embodies the creativity, energy, and perspective needed for the continued success of each new development project.