Developer Submits Plan For 300-Unit Property In Arlington Heights

ARLINGTON HEIGHTS, IL — Another development may be in the works for Arlington Heights. Bradford Allen, a Chicago-based national real estate investment advisory, recently announced it has formally submitted plans for a mixed-use development just north of Interstate 90.

The project comprises 300 apartments and approximately 25,000-square-feet of ground-floor retail, according to Bradford Allen. It would be located at the southeast corner of Arlington Heights and Algonquin roads.

"There is a great opportunity to revitalize this end of Arlington Heights, where there's high population density and a strong demand for modern rental housing with easy access to nearby retail and entertainment offerings, as well as I-90 and O'Hare International Airport,"said Brian Carley, senior managing director at Bradford Allen, in a news release. "We have had productive conversations and received positive feedback from village officials to this point and look forward to hearing back on final approval."

The project would be a joint effort between Bradford Allen and Moceri0+Roszak, also based in Chicago, who would serve as the architect.The eight-story development would include a mix of 68 studios, 143 one-bedrooms, 79 two-bedrooms and 10 three-bedrooms, with 55 percent of units having balconies. Approximately 30 of the units will be designated as affordable housing.

According to the news release, the building is expected to include 17,500 square feet of indoor and outdoor amenities including an outdoor pool and spa with sun deck, fitness area for yoga and other classes, social and media rooms, business center, library, work-from-home conference rooms, golf simulator, dog walk and spa, grill stations and pickleball court.

Indoor parking for 484 vehicles is also being proposed along with 86 outdoor spaces for the retail component. The project is seeking ENERGY STAR certification for its environmental sustainability.

The proposed development is adjacent to the former Daily Herald building, which Bradford Allen is converting into a 150,000-square-foot medical office complex known as ArlingtonMed, according to the news release. The buildings together are part of a potential 16-acre master-planned community that includes additional apartment buildings and retail.

Bradford Allen officially kicked off pre-leasing efforts for ArlingtonMed in September.