Farpoint Development

About Farpoint Development

Farpoint Development is a real estate operator headquartered in Chicago, IL. Farpoint Development operates in Asheville, North Carolina, Chicago, Illinois and Greenville-Anderson, South Carolina. Its investment focus is on Historic Tax Credits, Industrial and Logistics.

Farpoint Development is a privately held, Chicago-based real estate development and investment firm founded in 2016. The company has operated for approximately 10 years and employs roughly 11–50 people. Farpoint reports approximately 9.3 million square feet of real estate transactions totaling $4.9 billion in value, while its senior management team has more than 100 years of combined real estate and economic development experience. The firm develops and invests in commercial, residential, industrial, healthcare, office, retail, multifamily, and mixed-use properties, with additional experience in adaptive reuse and asset management. Its portfolio spans the Midwest and Southeast and includes large urban redevelopment projects, logistics facilities, medical properties, apartments, and mixed-use developments. Major projects include Prairie Shores, a 1,675-unit Chicago apartment community, and Bronzeville Lakefront, a 48-acre mixed-use redevelopment. Farpoint is also developing a $303 million mixed-use project in Michigan City, Indiana, containing 179 condominiums, 240 hotel rooms, and 21,000 square feet of retail space.

Principals at Farpoint Development

Recent activity at Farpoint Development

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Farpoint Development's project portfolio

4 projects on file · Mixed-Use (3), Industrial (1)

Markets and themes

Markets Farpoint Development operates in

• Asheville, North Carolina
• Chicago, Illinois
• Greenville-Anderson, South Carolina

Investment themes at Farpoint Development

• Historic Tax Credits
• Industrial
• Logistics
• Medical Office & Healthcare
• Multifamily - Ground-up
• Multifamily - Value-Add
• Opportunity Zones
• Placemaking
• Standalone Retail
• Urban Office
• Workforce Housing

Capabilities

• Construction Management
• Economic Development
• Mixed Use
• Public-private partnerships
• Site Development
• Sustainability
• Technology-forward
• Transit-oriented development

Operators similar to Farpoint Development

• Edge Realty Partners
  Established tierChicago, IllinoisMedical Office & HealthcareOpportunity Zones+7 more themes
• Buligo Capital
  Established tierAsheville, North CarolinaChicago, Illinois+1 more marketMultifamily - Ground-upWorkforce Housing+5 more themes
• Saunders Construction
  Established tierHistoric Tax CreditsWorkforce Housing+8 more themes
• IRA Capital
  Established tierChicago, IllinoisWorkforce HousingIndustrial+6 more themes
• Velocis
  Established tierChicago, IllinoisWorkforce HousingIndustrial+6 more themes
• MRP Realty
  Established tierHistoric Tax CreditsWorkforce Housing+6 more themes
• Schafer Richardson
  Established tierHistoric Tax CreditsIndustrial+6 more themes
• R2 Companies
  Established tierChicago, IllinoisHistoric Tax CreditsIndustrial+5 more themes
• The Daimler Group
  Established tierWorkforce HousingIndustrial+6 more themes
• Ellicott Development Company
  Established tierHistoric Tax CreditsIndustrial+6 more themes

Frequently asked questions about Farpoint Development

What does Farpoint Development do?

Farpoint Development is a privately held, Chicago-based real estate development and investment firm founded in 2016.

Where is Farpoint Development based?

Farpoint Development is headquartered in Chicago, IL.

What markets does Farpoint Development operate in?

Farpoint Development is active in Asheville, North Carolina, Chicago, Illinois, and Greenville-Anderson, South Carolina.

How many employees does Farpoint Development have?

Farpoint Development has 11–50 employees.