MCZ Development
Chicago IL 2–10 employees 2 principals
Last updated
About MCZ Development
MCZ Development is a real estate operator headquartered in Chicago IL. MCZ Development operates in Chicago, Illinois, Kansas City, Missouri-Kansas and Miami - Ft. Lauderdale - West Palm Beach - South Florida. Its investment focus is on Historic Tax Credits, Hospitality and Multifamily - Core.
MCZ Development, founded in 1985 by Michael Lerner, operates out of Chicago and has been in business for 40 years. The firm specializes in high‑density infill redevelopment across the U.S., repurposing vintage office and manufacturing buildings, as well as undeveloped parcels, into residential, mixed‑use, and commercial properties. The company develops projects such as loft‑style housing, high‑rise condominiums, oceanfront residences, land‑and‑resort properties and mixed‑use buildings. In Chicago, its portfolio includes Randolph Place Lofts, Clinton Street Lofts, 616 W Fulton Lofts, River Bend Lofts and University Village—which were instrumental in the city’s urban revival after the Great Fire.
Principals at MCZ Development
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2 principals on file
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Recent activity at MCZ Development
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MCZ Development's project portfolio
9 projects on file · Multifamily (7), Hospitality (1), Single-Family / For-Sale Residential (1)
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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.
Markets and themes
Markets MCZ Development operates in
- Chicago, Illinois
- Kansas City, Missouri-Kansas
- Miami - Ft. Lauderdale - West Palm Beach - South Florida
- Washington DC
Investment themes at MCZ Development
Capabilities
- Construction Management
- Economic Development
- Environmental Remediation
- Mixed Use
- Public-private partnerships
- Site Development
- Transit-oriented development
- Urban infill
Operators similar to MCZ Development
- Brinshore DevelopmentEstablished tierChicago, IllinoisWashington DC+1 more marketHistoric Tax CreditsMultifamily - Core+2 more themes
- Sherman AssociatesEstablished tierKansas City, Missouri-KansasChicago, IllinoisHistoric Tax CreditsHospitality+3 more themes
- R2 CompaniesEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaChicago, IllinoisHistoric Tax CreditsHospitality+3 more themes
- Republic Family of CompaniesEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaChicago, Illinois+1 more marketHospitalityMultifamily - Core+2 more themes
- Abacus Capital GroupEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaChicago, Illinois+1 more marketMultifamily - CoreWorkforce Housing+1 more theme
- Pensam CapitalEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaChicago, Illinois+1 more marketMultifamily - CoreWorkforce Housing+1 more theme
- Artspace ProjectsEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaChicago, Illinois+1 more marketHospitalityWorkforce Housing+1 more theme
- WitkoffEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaChicago, IllinoisHistoric Tax CreditsHospitality+2 more themes
- The Sports Facilities CompaniesEstablished tierChicago, IllinoisKansas City, Missouri-Kansas+2 more marketsHospitality
- Edge Realty PartnersEstablished tierMiami - Ft. Lauderdale - West Palm Beach - South FloridaChicago, Illinois+1 more marketWorkforce HousingMultifamily - Value-Add
Frequently asked questions about MCZ Development
- What does MCZ Development do?
- MCZ Development, founded in 1985 by Michael Lerner, operates out of Chicago and has been in business for 40 years.
- Where is MCZ Development based?
- MCZ Development is headquartered in Chicago IL.
- What markets does MCZ Development operate in?
- MCZ Development is active in Chicago, Illinois, Kansas City, Missouri-Kansas, Miami - Ft. Lauderdale - West Palm Beach - South Florida, and Washington DC.
- How many employees does MCZ Development have?
- MCZ Development has 2–10 employees.