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January 10, 2008

FOR IMMEDIATE RELEASE

Skender Begins Preconstruction on 108-Unit, 369,000 Square Foot Mixed-Use Project

Skender Construction’s Mixed-Use | Residential Group recently began preconstruction on The Shops and Lofts at 47, a mixed-use development that is set to be constructed in Chicago’s Cottage Grove Corridor.

The Shops and Lofts at 47 will bring 108 condominiums, 23 town homes, professional office space and as many as 30 retailers to the area. The two-phase project will stretch from 47^th to 48^th streets and from Cottage Grove to Evans avenues.

The development will offer both market rate and affordable housing, and the retail component could potentially bring 300 new jobs to the local area.

The Shops and Lofts at 47 is a joint venture between Skilken and TROY Enterprises in community partnership with Quad Communities Development Corporation.

Skender is set to break ground on the development in fall 2008.

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About Skender Construction
Founded in 1955, Skender Construction provides preconstruction, general contracting, construction management and self-performing construction services to its clients in the Chicagoland region. Skender specializes in constructing developments for both commercial and residential clients and possesses four business units that specialize in serving several vertical industries.

Midwest Construction Magazine recognized Skender as a Top 90 Illinois Contractor and is listed as one of Chicago’s Largest Privately Held Firms and Fast 50 firms, in Crain’s Chicago Business. In addition, Skender was awarded the 2005 Illinois Family Business of the Year Award for Community Service.

Skender is headquartered in Palos Hills, Illinois with an additional office in downtown Chicago.

For more information visit www.skender.com, or contact us directly at the phone numbers provided below.

Corporate Headquarters
Palos Hills, Illinois
708.430.8488

Mixed-Use | Residential Group
Palos Hills, Illinois
708.430.8488

Skender Facilities Group LLC
Palos Hills, Illinois
708.430.8488

Skender Interiors Group LLC
Chicago, Illinois
312.781.0265

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