The stylish development has a bit of a resort-like feel, with a pool area, outdoor barbecue grills and a sand volleyball court behind a spacious student recreation center with towering glass walls enclosing a fitness center, ping pong tables and a video game-playing area (on huge flat-screen TVs), among other amenities.

FORBES: Largest U.S. 'Zero Net Energy' Community Opens In California At UC Davis

"He has a tremendous pedigree as a basketball coach and will be an outstanding leader for Chicago's Big Ten team, and mentor for our student-athletes, " Jon Phillips, Northwestern's vice president for athletics and recreation, said in the university's statement.

NPR: Northwestern Hires Collins As Coach