Proposed Arlington 425 Development Nixed In Arlington Heights

ARLINGTON HEIGHTS, IL — Since 2018, the Village of Arlington Heights has been working with a developer for the Arlington 425 property in the downtown area. Earlier this month, CCH LLC informed officials it was no longer pursuing the originally proposed $150 million residential and commercial mixed-use campus that would have been one of the largest ever in downtown Arlington Heights.

"It's a prime location," former Arlington Heights Mayor Tom Hayes said. "It's well-positioned for a successful development, and the Village will continue to work with the property owner and any future development partners to bring a new vision to life that will further enhance our award-winning Downtown."

Located on the corner of Chestnut Avenue and Campbell Street, the shovel-ready property spans 2.9 acres, and is an excellent location for a mixed-use development that could meet the strong housing and business demand in Arlington Heights, according to the Village.

The Village Board approved the initial plan proposed by the property owner in June 2019, followed by an amendment for modifications to the development in May 2021. The Village has since granted multiple extensions in order to support the property owner in finalizing this project.

As Patch reported in 2023, Bruce Adreani, of CCH LLC and Norwood Builders, was granted a 12-month permit extension for the residential and commercial mixed-use campus. Another extension was granted last October

"We have the uncertainty of the Bears and how it will affect downtown. There are articles in the papers just this past week about how the Bears will affect downtown, whether or not we will become the 'red-haired stepchild' to the Bears' site and what's going to happen there," Adreani said at the time. "Nobody knows what's going to happen there."

In February 2023, the Bears closed on a $197.2 million property agreement to buy the former Arlington Park racetrack.

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