Construction has begun on Vyne on Haven, Elmhurst’s newest rental apartment project, a block of 200 units in a mix of six-, five- and four-story sections stretching from the northwest corner of First Street and Haven Road north along Haven nearly to Schiller Street.
Toby Veit, vice president of real estate development for Ryan Companies, the Minneapolis-based developer of the project, told Pioneer Press he expects the transit-oriented development, just north of the Metra tracks at 102-138 N. Haven Rd., to be complete and ready for rental in the first quarter of 2024.
Vyne on Haven is to include 40 studio units, 103 one-bedroom units, some with dens, 48 two-bedroom units and nine three-bedroom units. Veit said rental rates weren’t yet established, but he expected rents would be comparable to two other large projects in Elmhurst, The Fynn and The Marke of Elmhurst. Both are on Addison Avenue north of First Street. According to their websites, monthly rents in those projects range from about $1,500 for studio apartments to nearly $6,000 for a three-bedroom two-bath unit in The Fynn.
Veit expects the project to attract a wide range of renters, “from new graduates to empty nesters and beyond,” he said.
Elmhurst Mayor Scott Levin acknowledged that both the height and mass of the building were concerns for some in the community, particularly neighbors living across the street from the project on the east side of Haven. In a phone conversation with Pioneer Press, Levin noted that commercial or retail use of the site would not have pleased neighbors.
He said the developer had made design changes to provide step-downs from the six-story west side of the project to a five-story atrium and entrance at the corner of First and Haven. The developer also agreed to move the swimming pool area from the west side of the building to a lower level section on the east side and included another amenity deck north of the pool area to provide additional step-down as well as to break up the four-story facade on the east side of the structure into smaller sections.
Levin also pointed out that unlike the Fynn and Marke projects, the new project involves no financial contributions from the city. A city-owned surface parking lot on Haven within the project was sold for fair market value, Levin said. Assistant City Manager Mike Kopp confirmed that the city is not putting any money into the project, either in tax increment financing or for infrastructure improvements.
Both Levin and Veit said the developer had worked to engage with the community on project height, massing, even material selections.
“We really appreciate all the input we got from the community, city staff and city officials,” Veit said. “We had a lot of people weighing in on the project. I believe it’s a better project because of that.”
Levin said Vyne on Haven will be a benefit to Elmhurst.
“This new growth brings people to keep our downtown vibrant,” Levin said. “Our own independent studies show there’s capacity (for more rental units). I believe it will enhance property values, enhance the neighborhood.”
Graydon Megan is a freelance reporter for Pioneer Press.
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September 20, 2022 at 11:03PM