Residential propety

Schaumburg plans unprecedented residential development right next to Woodfield Mall

Residential buildings of at least seven stories may soon be permitted in an area of ​​Schaumburg south of Woodfield Mall and west of Woodfield Streets where no residential buildings have ever been permitted.

Schaumburg officials are considering drafting bylaws for a potential redevelopment near the Northwest Pace Suburban Bus transportation hub that would allow high-density residential buildings, as well as one or more parking structures.

Trustees are set to vote on Tuesday to direct village staff to prepare such a transit-oriented neighborhood bordered by Woodfield Road to the north, Martingale Road to the east, Higgins Road to the south and the eastern edge of the Schaumburg Corporate Center to the west.

Transit-oriented developments—characterized by a mix of uses, including homes near transportation hubs such as train or bus stations—are found in many suburban neighborhoods. But it would be the first real example in Schaumburg, said community development director Julie Fitzgerald.

Until now, the entire commercial area around the Woodfield Mall has seen no residential development since the mall was built over 50 years ago.

“The idea is a bit new in the history of Schaumburg,” Fitzgerald said of the proposed neighborhood.

Last winter, Schaumburg administrators said they were open to hearing more about an informal proposal for a $90 million, 208-unit apartment building on the north side of the Hyatt Regency Schaumburg, across from of Golf Road from Woodfield.


        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        

But the proposed transit-oriented neighborhood south of the Mall and west of Woodfield Streets marks the first time that village officials themselves have suggested the viability of residential development in the commercial district.

Born out of the 2018 revision of the Village’s Comprehensive Land Use Plan, the idea is based on existing factors that lend themselves to residential development, including the area’s walkability as well as a grocery store and bus station in proximity, Fitzgerald said.

If administrators are in favor of the idea, village staff would likely have drafted bylaws for a possible rezoning of the district later this summer, she said. Among the early ideas is a minimum building height of seven stories to encourage density, with no maximum height.

The rezoning would not prohibit any existing use there but would allow the construction of residential buildings and parking lots which would make more surface available.

Low density residential developments, such as townhouses, are not considered appropriate for the area.

This winter, Schaumburg trustees approved Pace’s plans to modernize and expand the Northwest Transportation Center using the vacant U.S. Post Office property next door.

Fitzgerald said the timing and scope of Pace’s plans were coincidental, but they complement the village’s own plans.

Two years ago, the village approved new bylaws for its 3.8-mile Golf Road shopping corridor aimed in part at reducing vacancies along it.

The new venture around the Northwest Transportation Center isn’t as ambitious simply because there are far fewer properties involved, Fitzgerald said.