The Week in Business: A developer hopes to revitalize a long-vacant property; A Batavia restaurant is closing because it couldn t recover from the pandemic.
Anthony Iatarola's Huge Hoffman Estates Project Chugs Along therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Hoffman Estates officials Monday approved the construction of sewer and water utilities enabling the long-sought development of the 185-acre Plum Farms property at the northwest corner of Higgins Road and Route 59.
As Hoffman Estates first special taxing district to spur redevelopment, at the southeast corner of Higgins and Barrington roads, is expiring after 35 years, the village is considering another on 113 acres to make the most of the new full interchange at Interstate 90 and Barrington Road nearby.
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.