By Eric Peterson | Daily Herald
Bell Works Chicagoland in Hoffman Estates will soon truly earn its self-applied moniker of “Metroburb” by adding a residential component in the form of 164 high-end townhouses to its multipurpose commercial redevelopment of the sprawling former AT&T headquarters building.
Preparations only await the issuing of a building permit now that an updated and slightly revised approval has been made of the site plan first given the green light in February 2023.
Only minor changes to aspects such as lighting and landscaping were made, though the original approval was in need of a refresh for being more than a year old, Hoffman Estates Director of Development Services Peter Gugliotta said.
Nevertheless, the renewed vote provided another opportunity for the village board to ask questions and hear additional information about the project and the timing of its construction and marketing.
“Yeah, we’re ready to go,” said Ken Gold, vice president of acquisitions and development for New Jersey-based Inspired by Somerset Development. “It’s really going to be based on market conditions and selling, but when the site work starts it’s going to take about six to nine months to start getting the dirt moved and start going vertical in under a year. We want to get started selling like this summer. My sales team wanted to go on sale last week.”
Hoffman Estates officials have granted approval to the construction of 164 high-end townhouse units on the east side of Bell Works Chicagoland. New Jersey-based Inspired by Somerset Development also is planning roughly 300 apartments on the same 20-acre site. Courtesy of village of Hoffman Estates/2023
About 300 rental apartments ultimately are planned to join the owner-occupied townhouses on the same nearly 20-acre site at the east end of the 152-acre property. But the apartments so far have received only conceptual approval.
The townhouses are expected to be priced in the mid-$400,000s, each with three bedrooms and an option for a fourth. Each unit would have three floors, with a two-car garage on the ground floor and the living areas above.
Read more here.
Related: “Krishnamoorthi secures $500,000 in grants for roads near Hoffman Estates’ Bell Works development,” “Bell Works Chicagoland in Hoffman Estates ready to add homes,” “164 high-end townhouses coming to Bell Works in Hoffman Estates,” “Remaking white elephant suburban headquarters: Is a ‘metroburb’ headed to Hoffman Estates?” “Developer filing plan for townhouses, apartments at Bell Works in Hoffman Estates”
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