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Wilmette Property Sale

Monday, December 17, 2012

Village: Six-Story Mixed-Use Development Planned for Green Bay Road Property

The proposed development would have five stories of luxury apartments and several thousand square feet of commercial space.

A Chicago real estate developer has agreed to tentative terms to buy a Green Bay Road property from the Village of Wilmette for $4 million, with plans to build a new six-story mixed-use development, village officials announced Tuesday. At Tuesday night’s Village Board meeting, Wilmette Village President Christopher Canning said that the Village had reached a tentative agreement with Chicago real-estate developer Lexington Homes, LLC, on terms surrounding the sale of 611 Green Bay Rd. Canning said Lexington’s current proposal include plans for five stories of luxury apartments above more than 7,000 square feet of “highly desirable commercial space”. “This project is an exact fit with the Village Center Master Plan that our residents helped …

TONI BRAVERMAN

4:27 pm on Monday, December 17, 2012

Anything is better than the eyesore empty space that is supposedly "landscaped" for the public. I hope the village doesn't screw this one up like they do other development issues.   more ›

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