1 Oak Development is a Boutique Real Estate Development and General Contracting Company founded in Chicago, Illinois. We employ a business-driven, artistically-centered approach to adaptive-reuse projects. In other words we take vacant, distressed, and blighted real estate and bring it back to life.
We love to create innovative projects for the Hospitality, Sports, Film Entertainment, and mixed-use sectors. Our mission is to drive economic progress in under-developed, low-income neighborhoods in the Midwest through creative thinking and calculated decision making.
For the savvy investor specializing in vacant, distressed or blighted single or multi-family homes looking to differentiate their portfolios with smart value adding renovations in a reasonable time frame.
For the Restaurateurs, Film & Television Producers, Sports Franchises, and creatives of the world seeking unique, well-branded commercial real estate that is built to suit your needs. Each project is carefully planned by experts on our team to not only provide you the highest return on your investment to reach your business goals, but also to create a completely immersible experience that speaks to your exact target market.
For the Restaurateurs, Film & Television Producers, Sports Franchises, and creatives of the world seeking unique, well branded commercial real estate that is built to suit your needs. Each project is carefully planned by experts on our team to not only provide the highest return on investment for each client and reach their business goals, but also to create a completely immersible experience that speaks to their exact target demographics.
Industries We Serve Best
- Hospitality / Restaurants / Tourism
- Film / Entertainment/ Culture
- Sports / Attractions
- Small Business Incubators
- Multi-Purpose Facilities
- Brands that require immersive experiences
- Any other industry seeking a one of a kind, built to suit development
Save time, money, and liabilities with a streamlined process. Unlike traditional construction, Design-Build is a methodology that promotes collaboration from day 1 to ensure quick, efficient, and cost effective project completion rates.
Commercial Adaptive Re-use
Vacant, distressed commercial real estate such as retail stores, shopping malls, and churches recycled for whatever needs you might have. The possibilities are endless!
Industrial Adaptive Re-Use
Converting an old warehouse into an E-Commerce incubator might seem like a lot of work. But with the right team at your side, careful planning, and efficient use of resources can make it seem like a walk in the park.
With housing supply at all time lows, the next best thing to do is to build on undeveloped lots. Call us today and find out what you can do with your parcel of land.
Rehab, Remodel, & Renovate
For your commercial & industrial build out needs, our highly skilled contractors work quickly and efficiently to keep you on track and reduce your vacancy rates.
Real Estate Development
Large scale municipal and private project management. We provide full service solutions to any governing agency and private sector investor seeking real estate development services.