Real Estate Development of NorthShore 770

David Strosberg founded Morningside Group in 1993 as a real estate firm focused on mixed-use and multi-family development located on urban infill sites. He oversees the acquisition, development, and operation of the firm’s property portfolio.  These premier developments establish Morningside as a market leader in creating exceptional environments for living, work, shopping, and entertainment. The company maintains offices in Chicago and Ann Arbor, Michigan. 

Prior to founding the company, David was a senior executive with Sam Zell’s Equity Group in Chicago, general partner of a national property investment firm, and a development and construction manager for projects in New York and Vermont.  He received an MBA in Real Estate from Columbia University in the City of New York and a BS in Architecture from the University of Michigan’s College of Architecture & Urban Planning.

David is a licensed architect in Michigan and an instrument-rated, private pilot. He flies missions for Veterans Airlift Command and Angel Flight Central. He is a recognized donor to Ogden International School and Latin School of Chicago. 

For his pioneering work in the revitalization of its downtown, he was named Business Person of the Year by the Greater Royal Oak (Michigan) Chamber of Commerce. Morningside's Fort Sheridan Place and River 595 developments were awarded the Chicagoland Apartment Association's Property Excellence awards.  David's expertise in urban redevelopment was recognized through speaking engagements for the Urban Land Institute, Illinois City Management Association, and the Illinois Municipal League. Morningside's Wheaton 121 Luxury Rentals was awarded the prestigious 2015 Vision Award by the Urban Land Institute. 

He is a dual citizen of the U.S. and Canada, and his wife, Jory, and their three children reside in an historic River North loft in Chicago.

David Strosberg will discuss NorthShore 770, a mixed-use property development located at the corner of Dundee and Skokie Boulevard in Northbrook.  The $190 million development includes a Mariano’s-anchored shopping center and a 347-unit apartment building.  His partnership acquired the site in 2014 from a Texas bank after an extended, municipal approval process.  Though previous attempts to develop the site in the 1990’s and early 2000’s failed, David’s team created a practical and simplified development plan which paved the way for a successful execution.  Today the shopping center is 100% occupied and the apartment building is scheduled for a January, 2016 opening.