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
Mixed-Use | May 24, 2017
Schmidt Hammer Lassen Architects will develop mixed-use project on former site of Carlsberg Brewery
The 36,000-sm project will cover a city block and include a residential tower.
Mixed-Use | May 23, 2017
45-story tower planned for Miami Worldcenter
Pickard Chilton Architects will design the 600,000-sf 110 10th Street.
Mixed-Use | May 17, 2017
The Lincoln Common development has begun construction in Chicago’s Lincoln Park
The mixed-use project will provide new apartments, condos, a senior living facility, and retail space.
Reconstruction & Renovation | Apr 27, 2017
One of the last abandoned high-rises in Detroit’s downtown core moves one step closer to renovation
Kraemer Design has been selected as the architect of record and historic consultant on the Detroit Free Press building renovations.
Mixed-Use | Apr 25, 2017
Dutch building incorporates 22 emojis into its façade
The emoji building is part of a larger mixed-use development built around a 150-year-old oak tree.
Mixed-Use | Apr 24, 2017
Take a look at Brooklyn’s Domino Sugar Refinery redevelopment
The master plan features market-rate and affordable housing, mixed-use space, and a waterfront park with a 5-block long “Artifact Walk.”
Sports and Recreational Facilities | Apr 21, 2017
Boston Celtics training and practice facility will be part of Boston Landing mixed-use development
The facility will also include two floors of Class A laboratory and office space and retail space.
Mixed-Use | Apr 7, 2017
North Hollywood mixed-use development NoHo West begins construction
The development is expected to open in 2018.
Mixed-Use | Apr 5, 2017
SOM-designed ‘vertical village’ is Thailand’s largest private-sector development ever
60,000 people will live and work in One Bangkok when it is completed in 2025.
Urban Planning | Mar 31, 2017
4 important things to consider when designing streets for people, not just cars
For the most part what you see is streets that have been designed with the car in mind—at a large scale for a fast speed.