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Candea Development logo

Candea Development

Chicago, IL 11–50 employees 4 principals

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Last updated 34m ago

About Candea Development

Candea Development is a real estate operator headquartered in Chicago, IL. Candea Development operates in Chicago, Illinois. Its investment focus is on Condominiums, Multifamily - Ground-up and Single-Family Homes.

Candea Development LLC is a boutique residential property development and construction firm headquartered at 2820 W. Berwyn Avenue in Chicago, Illinois. Founded in 2006 by Co-Founders Armand Candea and Alan Candea, the enterprise maintains 20 years of operational experience. The organization operates as a specialized developer supported by a core team of real estate, project management, and construction professionals. The enterprise specializes in urban infill development, luxury residential construction, site acquisition, and architectural spatial planning. Operating an integrated design-and-build platform, the firm manages site sourcing, municipal zoning entitlement, architectural layout design, structural general contracting, interior finishes, and final delivery across multi-family residential schemes, luxury condominiums, and townhome developments. Geographically, the organization targets high-demand submarkets exclusively within the Chicago metropolitan area. Its active development footprint spans prime North Side urban neighborhoods, featuring residential and multi-unit projects across communities such as Lincoln Square, Wicker Park, West Town, Bucktown, and surrounding Chicago districts.

Principals at Candea Development

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4 principals on file

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Recent activity at Candea Development

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Candea Development's project portfolio

No projects on file for Candea Development yet.

Markets and themes

Markets Candea Development operates in

  • Chicago, Illinois

Investment themes at Candea Development

  • Condominiums
  • Multifamily - Ground-up
  • Single-Family Homes

Capabilities

  • Asset Management
  • Construction Management
  • Custom Homes
  • Transit-oriented development

Operators similar to Candea Development

  • KMW Communities
    Emerging tierChicago, IllinoisMultifamily - Ground-upSingle-Family Homes+1 more theme
  • Select Properties, Inc.
    Emerging tierMultifamily - Ground-upCondominiums+1 more theme
  • Arcadia Land Company
    Emerging tierMultifamily - Ground-upCondominiums+1 more theme
  • Deeley Freed
    Emerging tierMultifamily - Ground-upCondominiums+1 more theme
  • Invent Development Partners
    Emerging tierMultifamily - Ground-upCondominiums+1 more theme
  • Keene Development Group
    Emerging tierMultifamily - Ground-upCondominiums+1 more theme
  • Pacific Cove Development (PCD)
    Emerging tierMultifamily - Ground-upCondominiums+1 more theme
  • Seventh Street Development Group
    Emerging tierMultifamily - Ground-upSingle-Family Homes+1 more theme
  • ARC Realty Group
    Emerging tierMultifamily - Ground-upSingle-Family Homes+1 more theme
  • Elevated Boston
    Emerging tierMultifamily - Ground-upCondominiums+1 more theme

Frequently asked questions about Candea Development

What does Candea Development do?
Candea Development LLC is a boutique residential property development and construction firm headquartered at 2820 W.
Where is Candea Development based?
Candea Development is headquartered in Chicago, IL.
What markets does Candea Development operate in?
Candea Development is active in Chicago, Illinois.
How many employees does Candea Development have?
Candea Development has 11–50 employees.
Candea Development cover image

Candea Development at a glance

Tier
Emerging
Operator type
Developer, Owner, Homebuilder
Headcount
11–50
Units owned
<1,000
Units managed
<1,000
Property mgmt
Third-Party Managed
Markets
1
Principals
4

Contact Candea Development

1601 N Milwaukee Ave, Suite 2, Chicago, IL 60647, USA
www.candeadevelopment.com