Clarendon Hills is hoping to see some downtown property it has purchased turned into a mixed-use development.
The Village recently purchased a 0.6-acre site at 104 Walker Avenue for $1.4 million. That space, along with the 2000 purchase of a parcel at adjoining 301 S. Park Avenue for $237,000, combines to make up the property on which officials are hopeful for development.
“Most parcels are difficult to develop in the downtown because they are very small and have different owners,” Creer said. “This was a unique opportunity to join a Village-owned lot on Park Avenue with this parcel at 104 Walker to make a larger development lot.” The “advanced discussions” currently taking place with a developer come after the village entered into a contract with a developer in 2021, only to have that deal fall through. More recently, the Village received plans that were presented to the public in September of 2023, but that also failed to work out.
“Given the uncertain timelines of letting the market take its course, the Village determined that moving more quickly was economically beneficial, particularly as the TIF ages towards its 23-year lifespan,” he said.“Right now it’s a wooded swamp, with a cut-through used by school kids and an abandoned house,” Creer said. “This would not be something any community would want in their downtown. And recently, there has been a serious injury on the property and a break-in.
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