WHAT WE DO

Murphy Development Group, LLC focuses on generating development opportunities in the multifamily, hospitality and office sectors across the country. To date, the firm has successfully developed and repositioned commercial properties valued at over $1.5 billion and encompassing more than 4 million square feet.

Through sound investment strategies and extensive due diligence, the dynamic development team at Murphy Development Group (MDG) assists with identifying, evaluating and executing the projects by combining sound financial modeling, economic analysis and entrepreneurial creativity. The Murphy Development Group team has supported numerous developments owned by affiliates of MDG including: Lincoln Park 2550, Hyatt Chicago “The Loop,” the Chicago Motor Club redevelopment into a Hampton Hotel, and the Oriental Theater redevelopment.

CORE CAPABILITIES

  • Accounting/Control/Reporting

  • Assembly of Technical Team

  • Conceptual Schedule and Budget

  • Environmental & Site Evaluations

  • Feasibility & Economic Analysis

  • Financial Structuring & Options

  • Government Approval Coordination

  • Land Acquisition & Negotiations

  • Net Lease Development

  • Planning, Design & Development

  • Pro-forma Development

  • Value Engineering

Sustainability

At Murphy we seek out sustainable development solutions, where feasible, including stormwater detention, green roofs, energy efficiency, and the use of climate-appropriate materials and design in the respective project locales. Renovation projects are inherently more sustainable than their ground-up counterparts, and our portfolio depth of adaptive reuse and historic restoration projects illustrates our commitment to preserve the existing urban fabric as much as possible.

CURRENT PROJECT

Development Overview:

Located at 515 Lincoln Avenue Winnetka, IL 60093, One Winnetka is a mixed-use apartment project complemented by retail space at street level. This project, which is in partnership with Christopher Merrill, will offer 20,000 square feet of ground floor commercial space supporting 59 luxury apartment units above.  

59 Units across 1.21 Acres will include: 

  • Fitness center 

  • Sauna 

  • Golf Simulator 

  • Lobby with Complimentary Coffee Bar 

  • Piano Lounge 

  • Resident Clubroom 

  • Party Room with a Demonstration Kitchen 

  • Billiards & Gaming Room 

  • Business Conferencing Room 

  • Outdoor Amenity Terrace with Grill Stations and Lounge Areas 

  • Storage Lockers 

  • Bike Storage and Repair Station 

  • Pet Wash 

  • Package Room with Cold Storage 

  • Secure, Covered Garage Parking, Including 20% EV Spaces 

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