Google Analytics tells us that many of our readers also visit CribChatter, and many of their readers visit YoChicago. We have very different approaches to real estate, so it’s logical for people to sample both.
A post over at CribChatter today, on the subject of Toll Brothers experience in the Chicago area and in Las Vegas, provoked the usual frenzy of comments from CribChatterers who convincingly demonstrated that they know nothing about Toll Brothers, about the communities in which Toll Brothers has built in Chicagoland or the reasons people are attracted to those communities.
In near-suburban Glenview, just west of the North Shore, Toll Brothers (TB) built at The Glen, one of the most sought-after and successful large-scale developments in the entire country. TB’s projects at The Glen were designed to appeal to empty-nesters, a group that has had difficulty recently selling their existing homes.
The above video is a brief drive through a part of The Glen that was mostly completed in 2002, and a look at how home sales there have fared recently.
If you’re interested in Glenview or The Glen, you can see more video at our YouTube playlist, including a stop at Toll Brothers’ Patriot Commons townhomes and condominiums. If you’re interested in how people who don’t get out much while away the workday, head over to CribChatter.
I forgot about Toll’s involvement at the Glen. However, wasn’t LR and some other local developers involved with that as well? I’m not a big fan of suburbia, but you’re right. It was a successful development.
I didn’t watch the entire Toll Bros. CEO interview, but I think the contention at Crib is that a blanket statement about Chicago may have reflected poorly on our city. Given that Toll’s presence in Illinois, if I’m not mistaken, is suburban Chicago, the alleged comment didn’t appear to be well received by some city dwellers.
If someone is having trouble selling their properties in, hypothetically speaking, Zion or Antioch, they shouldn’t go on a TV show that’s potentially beamed around the world and say they’re having issues selling their properties in Chicago. That’s not a fair statement and it would most likely incite some negative feedback.
Dave,
The Glen had over 1,900 housing units and over a million square feet of retail and commercial space in addition to parks, schools, etc.
Single-family developers at The Glen included Cambridge Homes, Concord, Edward R. James and Kimball Hill. Multi-family developments were done by Cambridge, Kimball Hill, Edward R. James, Oliver McMillan and Toll Brothers. Senior housing was built by Hyatt, Bethany Methodist and Glenview Elderly Services North.
Toll Brothers had only a small piece of The Glen – 50 townhomes and 70 condos.
LR did not develop at The Glen but was active at Fort Sheridan.