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Practicing the Art of Build-to-Suit Development.

1 / Focus

Smith Capital Management, Inc. is an opportunity driven private development company, specializing in commercial real estate development actively investing in mixed-use, retail, restaurant, office, and residential developments, with a strong focus and background in multi-unit national build-to-suit roll out developments. We deliver the strategic leadership, experienced creativity and powerful consistent results for our clients, making us their preferred build-to-suit developer.

If you would like to talk to Smith Capital Management regarding either an new upcoming project, or you are trying to place capital and would like to discuss investing, please contact Jason Smith at jsmith@smithcapitalmanagement.com

Clients count on our expertise in all the critical functions of the real estate development process:

  • Site selection and Acquisition

  • Negotiations

  • Project management

  • Zoning

  • Municipal correspondence

  • Construction management

  • Operations and finance

  • Sales and accounting

  • Delivery and Certificate of Occupancy

2 / Completed Projects

2 / Completed Projects

Twenty plus projects completed to date.  New construction ranging in size and complexity from 2,000 sq ft, to over 200,000 sq ft (joint venture) development. Contact Smith Capital Management for specific details about completed work.

  • Active development of an 8.5 acre property in Lake Forest known as Amberley Woods

    • Smith Capital Management, Inc, alongside Oakleigh Assisted Living are in the process of zoning and entitlements for a new 100 unit luxury Assisted Living facility, along with two restaurants, and an approx. 15,000 sq. ft. retail shopping center.

  • Building Sale

    • Smith Capital Management recent sale of the former PNC Bank building in downtown Lake Bluff.

  • Office Campus Acquisition and Redevelopment

    • Acquired an existing positive cash-flow office building with the intent to increase net operating income and positioning the asset for a long-term redevelopment plan.

  • Acquisition and Conversion for National Retailer

    • Purchased a vacant building in a prime location and completed a build-to-suit for a freestanding single tenant Sherwin Williams. Property was sold in 2018.

  • Large Multi-Tenant Retail Development for National Retailers

    • A joint venture development of a 41-acre shopping center into a 200,000 sq ft commercial shopping center. Acquisition and development were financed through strategic negotiation, sales and TIF tax incremental financing over a four-year development cycle.

  • Office and Retail Redevelopment

    • Acquisition of a vacant office building converted into a two-story retail and office development. Construction included a new Biofoam roof for increased ceiling height and insulation value.

  • Two Property Retail Development

    • Re-route and Redevelopment of a ring road on a super-regional shopping center to create two new out parcels. After rezoning approvals were granted, the new platted lots created new ground-up buildings totaling 12,000 sq ft in size, leased to two national restaurants and two national retailers.

  • Retail Shopping Center Development

    • Negotiated a development agreement with the City of Elmhurst, giving the project rights for offsite storm water detention owned by the City, and offsite street parking. This increased the allowable sq ft of our development by 30%, allowing for a new 15,000 sq ft retail and restaurant shopping center at the highest trafficked intersection in the market.


3 / Amberley Woods

3 / Amberley Woods

Smith Capital Management, Inc. is developing an 8.5 acre mixed use parcel located on the west side of Lake Forest, IL at the corner of Rt. 60 and Saunders one block east of I-294.

Our proposal to the City of Lake Forest is a new state of the art Assisted Living Facility (see elevations below), two restaurants totaling 15,000 sq. ft. and a 15,000 sq. ft. mixed use retail shopping center.

Please email jsmith@smithcapitalmanagement.com

We are actively looking to fill the restaurants and retail shopping center.

We are also looking for donors to help with funding. If you’re interested, please follow the link in our Crowdfunding section.


Proposed Assisted Living - Elevation 1

Proposed Assisted Living - Elevation 1

Proposed Assisted Living - Elevation 2

4/ Historical Preservation Project

4/ Historical Preservation Project

David Adler House

Originally designed in the 1930’s by the iconic architect David Adler, this beautiful French Norman home had, over the years, sadly fallen into a state of disrepair. After acquiring the property in 2017, with the help of his parents Adrian and Nancy Smith, Smith Capital Management Inc. started working on restoring this wondrous estate back to its original splendor.

We hope that by preserving this historic home, it can once again be an icon for the city of Lake Forest, IL.

Please follow the gallery below to see some of images of the preservation.


7 / Contact

705 Rockland Road
Lake Bluff, IL 60044

847-910-1225
jsmith@smithcapitalmanagement.com

6/ About Jason Smith

6/ About Jason Smith

Jason Smith graduated from Purdue University with a major in Building Construction Management, and Harvard University School of Design, in the (AMDP) Advanced Management Development Program with an elective in Leading Organizations.

After graduating from Purdue, Mr. Smith spent several years at AMEC International as a superintendent and project manager of high-rise construction projects in Chicago. Following AMEC, he spent over 10 years at a large real estate development firm wherein he worked on and completed well over 100 projects. Projects variations consisted from small single tenant net lease buildings to consulting on large high-rise office ground up developments. 

At Smith Capital Management, Mr. Smith’s focus is to source, develop, and execute new real estate development projects to maximize income generation and cash flow through leasehold interest or investment sales.

Crowd Funding

Smith Capital Management inc. is excited to welcome the opportunity for you to donate to our latest project: Amberley Woods. If you would like more information about making a donation, please follow this link to our GoFundMe Page

You may also find more information about this project by clicking on the Amberley Woods section of our site.

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