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Chicago & Midwest  + Greater Chicagoland  + Apartments  | 

Habitat JV to Redevelop Former Solo Cup Site in Highland Park as Townhomes

Chicago-based Habitat announced a joint venture with M/I Homes of Chicago to develop The Bowery of Highland Park, a community of 227 townhomes on the former Solo Cup Company site in Highland Park, Illinois.

The firms are scheduled to close on the property at 1700 Old Deerfield Road this spring and begin construction in the second half of 2026. Habitat has been working with Highland Park to redevelop the approximately 28-acre former site of the demolished Solo Cup manufacturing facility into a residential community since 2024.

“Ever since Solo Cup vacated the area almost 20 years ago, it has seemed like the best use of this site was to redevelop it as a residential neighborhood,” said Matt Fiascone, president of Habitat. The approved plan includes 48 townhome buildings comprising 227 thoughtfully designed three- and three-bedroom-plus-den residences with transitional-style exteriors.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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