Robert DiCostanzo
PROFILE
Strong background in real estate development and construction management acquired from over 30 years of diverse
experience in acquisition, architecture, construction and home building. Licensed architect (retired) and general
contractor with excellent planning, organizing and managing skills, capable of conceptualizing new projects and
directing their implementation from acquisition through design, construction and sales. Expertise includes site and
building evaluation and feasibility; construction budget and schedule projections; conceptual planning and design;
governmental approvals and permits; new and existing building construction and renovation; and overall project
management and supervision of staff, consultants and field personnel.
PROFESSIONAL EXPERIENCE
LIPE CONSTRUCTION COMPANY Since 2004
President
Founding partner responsible for the day-to-day management and operations of the company, including all
construction work and related staff, consultants and subcontractors for developments of Lipe Property Company, as
well as other real estate developers and joint-venture partners.
Directed the planning and construction of a gut-rehab project containing 42 loft condominiums and two newconstruction
condo projects containing 15 units with a combined construction cost of $10 million.
Performing construction analysis, sub-contractor bidding and budget estimating for a $40 million combined
gut-rehab and new-construction condo/rental project containing 200 units and parking garage.
SKYLINE EQUITIES REALTY, LLC / AMERICAN INVSCO CORPORATION 1998 2004
President, 2001 2004 (Skyline Equities Realty Design & Construction, LLC)
Project Manager / Special Projects Consultant, 1998 2001 (American Invsco Corporation)
Responsible for all planning, design and construction activities, staff and consultants for the construction division of
Skyline Equities Realty, LLC, a comprehensive residential real estate acquisition and development company
specializing in the sales and marketing of new condominium and apartment construction. Skyline Equities Realty
was founded by the former co-chairman of American Invsco Corporation, one of the largest home-builders in
Chicago, with sales revenue over $300 million.
Directed the planning and construction of the corporate headquarters offices of Skyline Equities Realty and the
construction of tenant improvements for 50,000 sf of commercial space at Lake Point Tower, owned and
managed by Skyline Equities Realty.
Managed and directed the planning and construction of a $50 million historic restoration and conversion of a
30-story, 1930 Art Deco office building located in Chicagos Loop into 293 rental apartments and retail space.
Also responsible for negotiating and obtaining City planned development approval, a $7 million TIF from the
City, the listing of the building in the National Register of Historic Places and $8 million in Historic Tax
Credits from the National Park Service.
Performed ongoing evaluations of potential acquisitions of high-rise condominium projects, including new
construction and existing buildings for conversion.
CHICAGO URBAN PROPERTIES, INC. (A Division of Sundance Homes) 1996 - 1998
Vice President - Construction
Directed all planning and construction-related activities, staff and consultants involved in architecture, engineering
and construction for the City of Chicago division of this $130 million/year, publicly-traded home builder, with
projects in Bucktown, River North, Lakeview, the West Loop and South Loop.
Evaluated potential acquisitions and performed feasibility studies, estimates and pro formas.
Managed all production personnel including field, estimating, purchasing, customer service, decor and
administration staff.
Responsible for the planning, construction and closing of 645 lofts, condominiums and townhomes with a
combined construction cost of $82 million. Projects ranged from 48 to 130 units and $5 to $23 million.
Robert DiCostanzo / Page 2
KENARD CORPORATION 1993 - 1996
Vice President - Construction & Development
Directed the planning and construction activities of this Chicago real estate development and construction firm, with
projects in the South Loop, Printers Row, River North and Evanston.
Responsible for estimating, bidding and negotiating subcontracts, hiring and supervising field personnel,
scheduling, cost control and overall project management.
Instrumental in the acquisition, conceptual planning and pro forma analysis of new projects.
Managed the construction of 400 loft condominium units in five renovated buildings with a combined
construction cost of $35 million, ranging from $4 to $15 million.
Closed units at an average rate of 20 homes per month at each project.
RMD DEVELOPMENTS, INC. 1987 - 1993
Owner / President
Managed and directed all activities of this real estate development and home building firm, engaged in land
acquisition and sales, land planning, zoning, architecture and new home construction, marketing and sales in the
western suburbs.
Acquired, planned, re-zoned and sold three properties valued at $5 million.
Developed and managed the construction, marketing and sales of a 54-unit townhome project with a sales value
of $14 million. The project won 3 Gold Key Awards for 1992 from the Home Builders Association of Greater
Chicago for best townhome development.
AHW COMPANIES 1975 - 1987
Principal / Vice President - Development, 1984 - 1987
Lead principal responsible for acquiring properties, planning new projects and overseeing their implementation for
this vertically-integrated real estate development and construction company. Subsidiaries included AHW
Construction Management, AHW Architects & Engineers and AHW Property Management.
Located sites, negotiated purchase contracts, obtained municipal zoning approvals and permits, performed
conceptual planning and design, market studies, pro formas and overall development management.
Developed two 500-unit apartment projects with a combined construction cost of $63 million, utilizing
municipal revenue bond financing. Both projects achieved 95% occupancy well ahead of schedule, averaging
over 30 units leased per month.
Developed the first phase of a 1,200-lot manufactured housing subdivision near Houston, Texas valued at $70
million. Set up and directed the entire operation and supervised the construction of all land improvements,
clubhouse facilities and amenities for 300 lots.
Managing Partner, 1978 - 1984 (AHW Architects & Engineers)
Directed the overall operation of the architectural/engineering subsidiary, including new business development,
client and zoning presentations, feasibility studies, conceptual planning, architectural design and supervision of
construction documents.
Under my direction, the firm implemented 20 projects with a combined construction cost of $111 million,
including 8 apartment/condominium projects (1,335 units), 3 shopping centers (134,000 sf), 4 office buildings
(136,000 sf), 4 single-family subdivisions (910 lots) and a mobile home park (700 lots).
Managed all financial aspects of the firm, including payroll, financial statements and tax reporting.
Project Architect / Land Planner / Construction Manager, 1975 - 1978 (A.H. Wunderlich & Associates)
Managed the design, planning, engineering and construction of single-family subdivisions, apartment complexes
and office buildings for this design/build firm, which evolved into the AHW Companies.
Performed land planning, zoning and annexation for mixed-use, industrial, commercial and residential planned
developments comprising over 800 acres.
Managed the engineering and construction of land improvements for a 400-acre single-family subdivision.
Robert DiCostanzo / Page 3
EDUCATION
UNIVERSITY OF ILLINOIS AT CHICAGO
B. Arch., 5-year professional degree
KELLER GRADUATE SCHOOL OF MANAGEMENT
Graduate studies in finance and accounting
PROJECT LIST
LIPE CONSTRUCTION COMPANY
The Maduro, Chicago, IL: 5-story gut rehab & new construction / 200 units, parking garage
Chantico Lofts, Chicago, IL: 4-story gut rehab / 42 loft condominiums, parking garage
Chantico South, Chicago, IL: 4-story new construction / 9 condominiums, parking garage
1250 Paulina, Chicago, IL: 4-story new construction / 6 condominiums, retail & parking
SKYLINE EQUITIES REALTY, LLC / AMERICAN INVSCO CORPORATION
Skyline Century of Progress, Chicago, IL: 30-story restoration & gut rehab / 293 apts / 16,000 sf retail
Skyline on Brickell, Miami, FL: 34-story new high rise / 360 condominiums & parking
The Sterling/Millennium Centre/Gold Coast Galleria/The Elm at Clark, Chicago, IL: consultant on feasibility,
planning and construction issues for 4 high rise condominium buildings & conversions
CHICAGO URBAN PROPERTIES, INC. (A Division of Sundance Homes)
Art House Lofts and Townhomes, Chicago, IL: 4-story gut rehab / 48 lofts & townhomes
Capitol Hill Lofts , Chicago, IL: 9-story gut rehab / 90 loft condominiums, retail & parking
Erie Centre Lofts, Chicago, IL: 6-story gut rehab / 106 loft condominiums, retail & parking
Erie Centre Tower, Chicago, IL: 24-story new high-rise / 126 condominiums, retail & parking
1515 S. Michigan Lofts and Townhomes, Chicago, IL: 4-story gut rehab / 60 lofts & townhomes
Plaza 32, Chicago, IL: 9 & 4-story new mid-rises / 130 condominiums, retail & parking
St. Paul Lofts and Townhomes, Chicago, IL: 4-story gut rehab / 85 lofts & townhomes
KENARD CORPORATION
Filmworks Lofts, Chicago, IL: 10-story gut rehab / 87 loft condominiums
Folio Square Lofts, Chicago, IL: 10-story conversion / 68 loft condominiums
New Biscuit Lofts, Evanston, IL: 3-story gut rehab / 57 loft condominiums
Peterson Lofts, Chicago, IL: 11-story gut rehab / 49 loft condominiums
River Bank Lofts, Chicago, IL: 6-story gut rehab / 136 loft condominiums
RMD DEVELOPMENTS, INC.
Arboretum Estates, Glen Ellyn, IL: 9-acre PUD / 54 townhomes
Fairfield Court, Lombard, IL: 3-acre subdivision / 15 townhomes
Fairfield Estates, Lombard, IL: 18-acre PUD / 31 single-family lots / 56 townhomes
Inverness Woods, Downers Grove, IL: 6-acre PUD / 50 townhomes
AHW COMPANIES
Alpine Village, Lynwood, IL: 100-acre mobile home park / 700 lots
Ammer Ridge, Glenview, IL: 12-acre PUD / 150 condominiums
Clover Creek Apts, Lombard, IL: 34-acre PUD / 504 apartments / clubhouse
Clover Creek, Houston, TX: 550-acre mfd housing PUD / 1,200 lots / clubhouse
Green Trails Center, Lisle, IL: 100,000 sf neighborhood shopping center
Lakehaven Apts, Carol Stream, IL: 25-acre PUD / 492 apartments / clubhouse
Park Hill, Orland Park, IL: 98-acre single-family / 244 lots / 12-acre commercial
Park View Estates, Orland Park, IL: 40-acre single-family / 101 lots
Waters Edge, Glendale Heights, IL: 12-acre PUD / 240 condominiums
Williamsport Village, Westmont, IL: 21-acre PUD / 172 manor homes
Willow Glen Apts, Glendale Heights, IL: 12-acre PUD / 186 apartments