Rolling Meadows officials are
mulling over tentative plans to add lifestyle amenities to a massive housing
complex set to replace Woodfield Garden apartments.
City manager Tom Melena said the $500 million, 44-acre complex at the
southwest corner of Algonquin Road and Route 53 could feature a retail space,
health-care facility, fitness center and hotel.
The project, which Melena said has attracted the attention of Chicago area
housing groups for its sheer size, included demolishing 692 apartments and
building a 30,000 square-foot strip mall and 1,639 condominiums, rowhomes and
About 100,000-square feet in retail shops could be added, and 20 percent of
the homes will have affordable housing status.
"We're looking at a little more mixed use that can create a lifestyle center.
For instance, residents can shop and exercise there without having to fight
traffic, but rather stay in their little village," Melena said.
Totaling 13 residential buildings, the developer, Dallas-based Centex Homes,
has proposed eight with seven levels, four with 20 levels and one with nine.
City planners also believe the high-density complex will bring $60 million in
revenue taxes in the first 20 years and create 1,000 jobs related to the
buildings, such as work in maintenance, retail and hotel hospitality.
Another significant feature was the project's half-mile distance from the
proposed Starline Metra station and Schaumburg Convention Center opening in
July, Melena said.
To avoid costly class action lawsuits that have hit
villages in the past, Melena said the city has studied a plan developed by the
Metropolitan Planning Council
that explains how to relocate Woodfield Garden residents in concurrence
with federal housing guidelines.