The Welkin
Des Plaines, IL
Compasspoint Development is a developer of multifamily transit-oriented apartments and select limited-service hotels, with over 800 luxury units under construction across the Chicago market in Des Plaines, Arlington Heights, Barrington, and Naperville.
Joe Taylor Managing Member
Joe Taylor Managing Member
Joe Taylor is a longtime developer of Class A multifamily properties from 2003-2023. Having developed over 4,400 apartment residences in his career, Joe has a knack for blending luxury aesthetics with financial feasibility according to the highest standards in real estate development. Joe lives in Barrington, IL with his wife Seema, a pediatric emergency medicine doctor and their two young children. Joe has an undergraduate degree from New York University along with a Masters in Real Estate Development from Columbia University in New York.
Dave Taylor Operations Development Executive
Dave Taylor Operations Development Executive
Responsible for process engineering and project executive for all deals in the pipeline. Dave has 15 years of experience in management consulting with an emphasis on private equity and venture capital management and has worked for some of the largest management consultants in the world, including PWC, PRTM, and KPMG. He holds a B.A. from Tufts University and was an Army Officer in the 10th Mountain Division, Combat Ranger and 1 tour of duty in Afghanistan.
Projects
All
Completed
Under Development
The Welkin
Delivery
2022
Address
1425 Ellinwood Ave, Des Plaines, IL
Type
Ground Up Luxury Apartments
Units
212
2022
Address
1425 Ellinwood Ave, Des Plaines, IL
Type
Ground Up Luxury Apartments
Units
212
Mylo Des Plaines
Des Plaines, IL
Mylo Des Plaines
Delivery
2023
Address
622 Graceland Ave, Des Plaines, IL
Type
Ground Up Luxury Apartments
Units
131
2023
Address
622 Graceland Ave, Des Plaines, IL
Type
Ground Up Luxury Apartments
Units
131
Mylo Arlington Heights
Arlington Heights, IL
Mylo Arlington Heights
Delivery
2024
Address
116-120 Eastman, Arlington Heights, IL
Type
Ground Up Luxury Apartments
Units
154
2024
Address
116-120 Eastman, Arlington Heights, IL
Type
Ground Up Luxury Apartments
Units
154
Mylo Barrington
Barrington, IL
Mylo Barrington
Delivery
2024
Address
200-300 N Hough Street, Barrington, IL
Type
Ground Up Luxury Apartments
Units
125
2024
Address
200-300 N Hough Street, Barrington, IL
Type
Ground Up Luxury Apartments
Units
125
Mylo Naperville
Naperville, IL
Mylo Naperville
Delivery
2024
Address
TBD, Naperville, IL
Type
Ground Up Luxury Apartments
Units
200+
2024
Address
TBD, Naperville, IL
Type
Ground Up Luxury Apartments
Units
200+
The Latest
Compasspoint Development, LLC which is currently developing property across Graceland Avenue from the Journal & Topics, is seeking city zoning permission to move forward with the seven-story project.
Journal & Topics Covers Mylo Des Plaines
Compasspoint Development, LLC which is currently developing property across Graceland Avenue from the Journal & Topics, is seeking city zoning permission to move forward with the seven-story project.
Barrington resident Joe Taylor, CEO of Compasspoint Development, is proposing a four-story mixed-use building and has plans for 200-300 North Hough Street in the village’s downtown.
Daily Herald Provides Update on Mylo Barrington
Barrington resident Joe Taylor, CEO of Compasspoint Development, is proposing a four-story mixed-use building and has plans for 200-300 North Hough Street in the village’s downtown.
Partners
OKW is one of Chicago’s leading providers of architectural, interior, and urban design solutions.
Lincoln Property Company is an international real estate firm offering a comprehensive suite of value-added services for tenants, investors, lenders, and owners of real estate.
Mauge is a creative boutique in Chicago’s Wicker Park-Bucktown. Founded in 1995, their work covers industries of all sorts, with a history of success in three main categories: Real Estate + Hospitality, Venture + Enterprise, and Auto + Moto.
Carlson is a prime contractor with experience on many types of large-scale construction and development projects, including Class A office buildings, municipal complexes & educational facilities, shopping centers, assisted/skilled care and multi-family residential.
