A $150 million, three-building mixed-use development is set to rise on a vacant parcel of land in Arlington Heights, a Chicago suburb about 30 miles northwest of the city. The Village Board recently approved the project, which will be the Village’s largest new development for Downtown in two decades.
Dubbed Arlington 425, the project includes a four-story, 54-unit residential building; a nine-story, 182-unit apartment building with the bottom two floors set aside for commercial space; and a 13-story, 125-unit apartment building that will include a six-story parking garage. The development will have a total of 361 units and over 44,000 sf of commercial space.
An affordable housing plan was also agreed to that includes 18 affordable units (5% of the 361) for those at or below 60% of the area median income. The affordable units would be spread across two of the three buildings and include studio and one-bedroom floor plans.
The project will increase the parcel’s property taxes from about $40,000 a year to $1.5 to $2 million per year. Construction is not expected to begin until next spring at the earliest.
See Also: Shanghai’s T20 stacks office and community space atop a plant-filled parking garage
Tinaglia Architects designed the project. CCH LLC is the developer.
Related Stories
| Aug 11, 2010
ASHRAE introduces building energy label prototype
Most of us know the fuel efficiency of our cars, but what about our buildings? ASHRAE is working to change that, moving one step closer today to introducing its building energy labeling program with release of a prototype label at its 2009 Annual Conference in Louisville, Ky.
| Aug 11, 2010
Urban Land Institute honors five 'outstanding' developments in Europe, Middle East, and Africa
Five outstanding developments have been selected as winners of the Urban Land Institute (ULI) 2009 Awards for Excellence: Europe, Middle East, and Africa (EMEA) competition. This year, the competition also included the announcement of two special award winners. The Awards for Excellence competition is widely regarded as the land use industry’s most prestigious recognition program.
| Aug 11, 2010
Cannon Design’s European-inspired Sparkling Hill Resort breaks ground
Cannon Design, a leading international architectural, engineering and planning firm, is pleased to announce that the firm’s Sparkling Hill Resort and Wellness Hotel in Vernon, BC, has broken ground.
| Aug 11, 2010
10 tips for mitigating influenza in buildings
Adopting simple, common-sense measures and proper maintenance protocols can help mitigate the spread of influenza in buildings. In addition, there are system upgrades that can be performed to further mitigate risks. Trane Commercial Systems offers 10 tips to consider during the cold and flu season.
| Aug 11, 2010
Skanska, Turner most active in U.S. hotel construction, according to BD+C's Giants 300 report
A ranking of the Top 50 Hotel Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
AECOM, Arup, Gensler most active in commercial building design, according to BD+C's Giants 300 report
A ranking of the Top 100 Commercial Design Firms based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
| Aug 11, 2010
New book provides energy efficiency guidance for hotels
Recommendations on achieving 30% energy savings over minimum code requirements are contained in the newly published Advanced Energy Design Guide for Highway Lodging. The energy savings guidance for design of new hotels provides a first step toward achieving a net-zero-energy building.
| Aug 11, 2010
AGC unveils comprehensive plan to revive the construction industry
The Associated General Contractors of America unveiled a new plan today designed to revive the nation’s construction industry. The plan, “Build Now for the Future: A Blueprint for Economic Growth,” is designed to reverse predictions that construction activity will continue to shrink through 2010, crippling broader economic growth.
| Aug 11, 2010
PCL Construction, HITT Contracting among nation's largest commercial building contractors, according to BD+C's Giants 300 report
A ranking of the Top 50 Commercial Contractors based on Building Design+Construction's 2009 Giants 300 survey. For more Giants 300 rankings, visit http://www.BDCnetwork.com/Giants
