Schaumburg officials currently are establishing the very first section of the 12-acre 90 North Park in the 225-acre Veridian enhancement on the former Motorola Alternatives campus but could defer for two many years the receipt of an additional 5.2 acres for a future municipal facility.
The land at the western close of the improvement is occupied by two former Motorola properties, together with the onetime credit history union at 2250 Progress Parkway. That is now being employed as the on-site headquarters of Verdian developer UrbanStreet Team.
The plan experienced been for the village to acquire the land from UrbanStreet Team at the stop of 2022, but a recently advised alter would thrust that out to the conclude of 2024.
UrbanStreet Group expects to go its workplaces to the blended-use progress recognized as The District once it really is built at the east close of Veridian, which sits at the southwest corner of Algonquin and Meacham streets.
But that building has not however started, and the village has nevertheless to come to a decision how it would use the donated 5.2 acres.
Because Veridian is anticipated to be these types of a dense addition to the village, it was felt there should really be a additional municipal presence there, Schaumburg Economic Progress Director Matt Frank stated. But what type that would take has however not been talked over in depth, he extra.
In reality, there remains a query of no matter whether the present buildings would be reused for some type of village facility.
When the offer was initial designed, there was not a solid viewpoint of where the village’s web-site should to be, explained Schaumburg Trustee George Dunham, who chairs the committee that encouraged the hold off this 7 days.
The complete village board will vote April 12 on irrespective of whether to make the alter of prepare official.