The Village of Oak Park | 123 Madison St.  Oak Park, IL 60302 |

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Lake & Forest project tops off

Sept. 22, 2015 – Executives from the companies building the mixed-use development at Lake Street and Forest Avenue in Oak Park joined officials from the Village of Oak Park today during a topping-off event to mark a significant milestone for the $99 million project.

Vantage Oak Park is a 21-story mixed-use development that adds 270 rental apartments and approximately 25,000 square feet of retail and commercial space at a high-profile corner in downtown Oak Park. Vantage Oak Park replaces a Village-owned parking deck with a modern and more efficient 588-space garage that will significantly expand parking capacity in the area.

Updates on construction of the parking garage, residential and retail and commercial aspects of the project are as follows:

Parking Garage:

  • Construction is proceeding on schedule and the parking garage will be functionally complete by the end of October.
  • Project developers will deliver the garage to the Village by the end of October for installation of parking equipment and facility preparation.
  • The parking garage is on schedule to open before Thanksgiving.


  • Construction of the residential portion of the building is on schedule and the first apartment units will be available for occupancy in late Q1 2016.
  • The developers have engaged a leasing representative and will open a local office at 805 Lake St., Oak Park (across from Scoville Park).
  • More information on residential leasing is available at

Retail and Commercial:

  • Project developers are in final discussions with large-scale retail/commercial tenants who would be considered anchors for the commercial space.
  • More details will be announced when agreements are finalized and signed.