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Schaumburg trustees open to $90 million apartment building near Woodfield


Schaumburg trustees open to $90 million apartment building near Woodfield
This is a rendering of the proposed four-story apartment building that would sit atop a three-story parking structure extending north from the existing Hyatt Regency Schaumburg and an expansion of its banquet and meeting facilities to the right.
Courtesy of First Equity Group LLC
Construction of a 208-unit apartment building on Golf Road near Woodfield Mall could start as early as the end of the year.
Courtesy of First Equity Group LLC
A wintertime rendering of a four-story apartment building atop a three-story parking structure on the north side of the existing Hyatt Regency Schaumburg to the right. ....

Frank Kozak , Marge Connelly , Brian Bieschke , Tim Gallagher , First Equity Group , Hyatt Regency , Golf Road , Hyatt Regency Schaumburg , Commercial Real Estate , Residential Real Estate , Schaumburg Newsletter , வெளிப்படையான கோசக் , மார்ஜ் கோநிலீ , பிரையன் பிஎஸ்ச்க்கே , நேரம் கல்லாகர் , முதல் பங்கு குழு , ஹையட் ரீஜென்சி , கோல்ஃப் சாலை , ஹையட் ரீஜென்சி ஸ்சௌும்பூற்க் , வணிகரீதியானது ரியல் எஸ்டேட் , குடியிருப்பு ரியல் எஸ்டேட் , ஸ்சௌும்பூற்க் செய்திமடல் ,

'The wave of the future': Pitch to add apartments behind hotel could change Woodfield area


Updated 2/16/2021 6:24 AM
A pitch to add 208 apartments behind the Hyatt Regency Schaumburg on Golf Road could have repercussions for the future development and redevelopment of the entire area around Woodfield Mall, Schaumburg Mayor Tom Dailly said.
I really think that could be the wave of the future, Dailly added. If we do this, it s probably the first major change to Schaumburg planning in its history.
 
Village trustees will get their first look at the proposal Tuesday night. Few details have been provided to Schaumburg officials in advance. Tim Gallagher, of landowner First Equity Group LLC, declined to share additional information before the presentation, which he said was still being prepared Monday. ....

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