Six apartment buildings with 310 units and retail businesses on the ground floors of the three of them could be what kicks off construction of the long-delayed Plum Farms development in Hoffman Estates.
The village board is scheduled to grant a courtesy review of the proposal by Carmel, Indiana-based CRG Residential next Monday night.
The planned three-story buildings would be constructed in two distinct styles on the northwest corner of Higgins and Old Sutton roads, said Hoffman Estates’ Director of Development Services Peter Gugliotta. One of those styles would feature 20,000 square feet of retail space on the first floor, he added.
The project would be within the 40 acres of a tax increment financing district approved in January 2020 to reimburse the cost of bringing utilities to the northwest and northeast corners of Higgins and Old Sutton. Including right of way, the TIF district totals 64 acres.
Excluding that right of way, the Plum Farms property totals 185 acres stretching from the northwest corner of Higgins Road and Route 59.
The Plum Farms annexation agreement with Hoffman Estates allows for a total of 1,250 dwelling units of various types. Gugliotta said there could be more multifamily units than the 310 CRG Residential is seeking, but single-family homes also are expected to make up a significant part of the Plum Farms development.
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