PLUM FARMS IS ENTITLED FOR RESIDENTIAL AND MIXED-USE DEVELOPMENT
- The premier mixed-use development site in Chicagoland. Natural surroundings linked by a network of trail systems, lush meadows, wetlands and a vibrant stream
- 186 acres at the northwest corner of Illinois State Routes 59 and 72 in the Village of Hoffman Estates
- Most significant regional site remaining for residential and mixed-use development in suburban Cook County, the largest county in the Chicago metropolitan area
- No competing scalable tracts of land in a sub-market demanding a broad base of residential products
- Between two forest preserves totaling 8,400+ acres
DEVELOPMENT POTENTIAL
- Intergenerational living within a sustainable, technological environment, that accommodates aging independently in place by embracing its eco-system and surroundings in a new-urban environment.
- 150,000 – 200,000 square feet of commercial
- 500 – 700 multi-family residential units
- 500 – 600 detached and attached single-family homes
- Approximately 1700 construction jobs and 300 permanent jobs
ACCESS
- ½ mile north of the full interchange at Interstate 90
- 20 minutes to O’Hare Airport and 45 minutes to the City of Chicago
- State Routes 59 and 72 signalized intersection including multiple access points and existing traffic signals
ENTITLEMENTS
- Flexible zoning arising under the CM-U and TN-D zoning districts created for Plum Farms
- 1,250 single family and multi-family dwelling units whether for rent or for sale
- Residential housing (multi-family rental and for sale: single-family detached and attached and two-family attached) and commercial (retail, office, medical, hospitality)
- On January 6, 2020 Hoffman Estates approved a TIF on the 40 acres along State Route 72 (Higgins Road).
- Sales tax rebates available on developed commercial property
physical conditions
- Environmental and geotechnical subsurface studies confirm no environmental issues and soils suitable for development
- Wetland areas jurisdictionally determined by ACOE
- Topographical, hydrological, geological and environmental data points
air, bus and rail transportation
- O’Hare International Airport
- Barrington and Bartlett Metra Stations
- Pace Park-n-Ride
schools
- School District 300 (Dundee Crown High School)
- School District 220 (Barrington High School)