Economic Development staff attended the International Council of Shopping Centers Chicago Deal Making Conference. Our team was excited to share new Schaumburg projects and development opportunities like 90 North, with both commercial brokers and retail site selectors at the Village of Schaumburg booth.
Director of Economic Development Matt Frank was a panelist for a session on how brokers can leverage public/private partnerships. During this session, Matt answered the most frequently asked questions he receives from the broker community. Staff also held several beneficial meetings with various brokers and shopping center managers regarding their ongoing projects within the village.
|
|
Economic Development Department Hosts 90 North District Broker Tour
|
|
On Oct. 22, the village’s Economic Development Department held a Commercial Broker Tour of the 90 North District. The tour provided the unique opportunity to highlight the impressive 90 North District developments and forthcoming leasing opportunities to a dynamic group of more than 50 commercial real estate brokers, site selectors and community partners.
Welcome remarks were made by Mayor Tom Dailly where he expressed how pleased he is with the evolution of 90 North District and his excitement for new developments to open. Director of Economic Development Matt Frank spoke about the formation of 90 North Tax Increment Financing (TIF) district and its role as a catalyst for redevelopment. Transportation partners, PACE and Lyft, were also on hand to discuss the importance of integrating public transportation and ride share programs when creating vibrant live, work, play, mixed-use developments. The event concluded with a private tour of the brand new Topgolf facility followed by a networking reception at Chicago Prime Steakhouse, compliments of Schaumburg Bank & Trust Company N.A., a Wintrust Community Bank. To find out more about the sites visited and to view the tour map, visit the links below.
|
|
Topgolf - 2050 Progress Pkwy.
On Nov. 14, Topgolf held a ribbon cutting ceremony to celebrate the opening of its 50th entertainment destination venue located on the west side of the Veridian development. The three-level venue features 102 climate-controlled hitting bays, a chef-driven menu, hand-crafted cocktails, music, corporate and social event spaces, a 5,000 square foot outdoor patio and more.
|
|
 |
Raising Cane's
1205 E. Higgins Rd.
|
A new fast casual restaurant that specializes in chicken fingers with custom sides ranging from crinkle-cut fries, Texas toast and coleslaw.
|
|
|
|
Shake Shack
1760 E. Golf Rd.
|
A modern day roadside burger stand that serves delicious burgers, chicken, hot dogs, ice cream shakes, frozen custard, beer and wine.
|
|
|
|
|
El Mero Mero
34 W. Schaumburg Rd.
|
A traditional Mexican restaurant that serves tacos with handmade tortillas, enchiladas, burritos and tapas. El Mero Mero also offers hand-crafted cocktails including margaritas and mojitos with fresh lime juice.
|
|
|
|
Planet Fitness
160 Barrington Rd.
|
A fitness center that strives to create a workout environment where everyone feels accepted and respected.
|
|
|
|
|
|
"Despite what you've heard about the quest for talent and cachet in the city, more companies are opting for the wide-open spaces—and lower price points—to be found in Schaumburg and the surrounding suburbs".
|
|
CBRE is currently marketing a 61,400 SF pad ready site for $599,000 at the southwest corner of Roselle Road and I-90. The site features more than $300,000 in previous improvements including 38 parking stalls and lighting, cross access to the neighboring Radisson Hotel and a full utility location. The pad is located immediately southwest of a full interchange which features traffic counts of nearly 160,000 vehicles per day. If interested in this site, contact
Tony Gange at (630) 573-7030
or
Tom Svoboda at (312) 935-1481, or visit the property listing
website.
|
|
|
|
Avalon Realty is currently marketing a brand new 2,400 SF space in an outlot of the Schaumburg Town Center shopping center located at 1080-1082 S. Roselle Road. The last remaining space is a co-tenant to Starbucks and includes 44 surface parking spaces as well as an outdoor patio space, if needed. If interested in this site, contact
Joseph Santucci
at (847) 506-1000 x5140 or
Carlo Santucci
at (847) 506-1000 x5132, or visit the property listing
website
.
|
|
IRC is currently marketing a 2,700 SF restaurant space in the Meacham Corners retail development. The last remaining standalone space is a neighbor to Andigo and Miller’s Ale House and is located in an excellent market position near Woodfield Mall. If interested in this site, contact
Allison Curtin
at (630) 451-8287 or visit the property listing
website
.
|
|
|
Call for Real Estate Listings
|
|
The Economic Development Department is here to serve as a resource for you and your clients by assisting in back-filling existing vacant spaces and attracting new investment to the community. Staff manages an inventory of available sites on the village's website as well as actively promotes the inventory to new businesses looking to locate to Schaumburg.
If you would like your listing featured in our inventory, please email a property brochure and/or property specifications to
Kevin Leighty. To view the current list of available lots and buildings, visit the village's LOIS Available Sites portal below.
|
|
Happy Holidays from the Schaumburg Economic Development Team!
|
|
About the Schaumburg Real Estate Roundup
The Schaumburg Real Estate Roundup is a quarterly e-newsletter provided by the Village of Schaumburg Economic Development Department to keep real estate and business professionals informed of the latest economic development initiatives and industry activities in the community.
|
|
Contact the Economic Development Department
|
|
|
|
|
|
|
