Hotel Online
News for the Hospitality Executive

.
.
Request for Proposals Issued for the Redevelopment of the
26-Acre West Gateway Area in Schiller Park, Illinois 
.
Redevelopment Plan Includes Hotel, Restaurant, Retail, and Office 
SCHILLER PARK, ILLINOIS, February 20, 2007 - The Village of Schiller Park, Illinois has issued a request for proposals for the redevelopment of the 26-acre West Gateway Area in Schiller Park.

The West Gateway Area is bounded by Irving Park Road to the north, Mannheim Road to the west, Belle Plaine Avenue to the south and Interstate 294 to the east. The site adjoins the South Cargo entrance to O'Hare International Airport.  It is visible from, and provides superior access to the Tri-State Tollway (Interstate 294) and the O'Hare Oasis.

The redevelopment plan includes hotel, restaurant, retail, gas station, office, and air cargo uses.  The resurgence in business and leisure air travel, strong convention and meeting bookings has increased hotel development opportunities in the O'Hare hotel market.  The West Gateway is extremely well positioned for air cargo-forwarding and related global supply chain management businesses as well as construction, technical services, and other types of firms seeking this unique airport location.

To prepare for redevelopment, the Village has acquired approximately 13 acres of land and demolishing obsolete structures.  This site is in a Tax Increment Finance (TIF) District that funds property purchases and infrastructure improvements.

The City of Chicago owns approximately 12 acres of land available for hotel, office, and retail development.  The two municipalities are coordinating planning efforts on this unequaled development site.

"The Village is committed to redevelop our western entrance with private commercial development that will increase job opportunities, tax revenues, and area property values.  We will enhance services to visitors, employers, and residents alike" said Anna Montana, Village President.

"We are enthusiastic about the interest and positive feedback on the plan we have received from developers and businesses.  We look forward to the private sector helping to turn the Village's vision for the West Gateway into on-the-ground reality" said Kevin Barr, Village Manager.

Advantages the West Gateway Area provides include:

  • A location identifiable world-wide: "Across the street from O'Hare International Airport"
  • Superior access to O'Hare - terminal, cargo, hangars, parking, and services
  • Convenient proximity, access, and visibility to Interstate 294
  • Irving Park & Mannheim Roads traffic volumes for retailopportunities
  • A widely-recognized brand associated with O'Hare Airport
  • A deep and diverse labor base, near an ample mix of housing options
  • Proximity to hotel room demand generators (i.e., O'Hare Airport and 14.2 million square feet of office space in the O'Hare market)
  • Property ownership limited to the Village of Schiller Park and the City of Chicago
  • A village-vetted plan ensuring expedited entitlement
An information meeting will be held for interested developers and businesses on February 27, 2007 at 10:00 a.m. at the Schiller Park Village Hall located at 9526 Irving Park Rd, Schiller Park, Illinois. 
 
Request for proposals can be obtained from George Sakas, 
Community Development Director, 847-671-8558 or
GSakas@villageofschillerpark.com

The RFP and additional information are
posted on the Village web site: 
www.villageofschillerpark.com

Proposals are due April 3, 2007

.
Contact:

George Sakas, AICP
Director of Community Development
Village of Schiller Park, Illinois
4501 North 25th Avenue
Schiller Park, IL 60176
847-671-8558
fax 847-671-9783
gsakas@villageofschillerpark.com
www.villageofschillerpark.com

.
.

.


To search Hotel Online data base of News and Trends Go to Hotel.OnlineSearch

Home | Welcome| Hospitality News | Classifieds| One-on-One |
Viewpoint Forum | Ideas&Trends

Please contact Hotel.Onlinewith your comments and suggestions.