Crown Community Development

Overview

  • Well qualified to meet the unique challenges of community master planning.
  • One of the nation's largest privately held business organizations and a major force in land development throughout the U.S.
  • Crown's mission is to envision and create memorable communities of high quality that meld naturally into their surroundings.

About Crown Community Development

Founded in 1919 as a family-owned building material business, The Henry Crown Companies grew to become one of the nation's largest privately held business organizations and a major force in land development throughout the U.S. The organization's diverse interests range from large-scale office buildings such as Rockefeller Center in New York City, to Aspen Ski Company and the Ojai Resort in Ojai California. Additionally, the Crown family holds significant stock positions and board memberships in General Dynamics, JP Morgan Chase, Sara Lee, and Hilton Hotels, as well as investment holdings in the New York Yankees and Chicago Bulls. These substantial financial resources, coupled with the flexibility of private ownership, provide the ideal backing for Crown Community Development. The company was founded in 1973 to invest in, and later to manage, a 3,500-acre expanse of property in Aurora, Illinois on the western edge of suburban Chicago. Today, the acreage is home to five large-scale residential communities, each ranging from 500 to 700 acres, and boasting a variety of outstanding recreational attractions, including golf courses, sport programs, athletic fields, bike trails, community clubhouses and swimming pools. Several hundred acres are also dedicated to large and small-scale retail developments, many within easy walking distance of residential neighborhoods.