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Lofts in Lincolnshire
October 2000
Real Estate Chicago
By Bonnie Grota
Environmental Community Development Company (ECD Co.) of Buffalo
Grove is re-inventing the suburban office building/retail center
with its CityPark Lincolnshire. Located at the corner of Milwaukee
Avenue and Aptakisic Road, the $70 million, 47-acre project sees
street exposure from over 50,000 cars per day.
Already open at the site is Regal Cinemas 20-screen complex
with stadium seating, audiophile sound and a 3-D IMAX theater that
seats 300.
Lettuce Entertain You Enterprises has opened its first suburban
Big Bowl restaurant and its steak and chophouse restaurant, Wildfire.
More restaurants are to follow. Chicago-based Chart House Enterprises
Inc. will bring its seafood restaurant here. The chain currently
operates over 40 restaurants in 17 states. This will be the chains
first non-traditional site in that its current locations are in
freestanding, and/or historical buildings.
Many have remote or waterside views. The Lincolnshire location
will feature architecture unique to the project and will include
an outdoor patio, sushi bar and a saltwater aquarium. Aumiller Youngquist
PC of Mount Prospect is architect for the restaurant. Plans call
for the location to open by winter 2001.
According to Anne Kane of the Village of Lincolnshire planning
department, Red Robin will open in CityPark in 2001 as well as it
expands its chain of locations in the Chicago area.
The 78,000 square foot retail component will be designed by the
Aria Group of Oak Park. In addition to the dining components, the
project will offer specialty shopping and include a large common
area for special events and live entertainment.
According to Scott Greenberg, president of ECD Company, developer
and manager of CityPark Lincolnshire, the goal is to create a destination
experience for both residents of the area, business travelers and
the eventual office tenants. A 117-room Hampton In & suites
already provides a fitness center, pool and meeting rooms. Hotel
guests provide a flow of people throughout the day for the projects
retail and restaurant components.
But the office project, CityPark Corporate Center, will distinguish
itself from many of the office complexes in the area. Richard Preves
& Associates PC of Libertyville is architect for the offices,
which, as Greenberg describes, will juxtapose the style of 19th
century warehouse loft buildings with a 21st century industrial
high tech design. Few suburban office properties showcase exposed
ductwork with glass atriums.
The three-story, 70,000 square foot buildings loft space
will feature 15-foot floor-to-ceiling height. In order to attract
the high-tech industries, there will be an on-site Ameritech fiber
optic regional hub. Tenants will have access to other broadband
Internet providers.
An emphasis on high efficiency HVAC has been incorporated into
the property. A special high voltage electrical service has been
designed to cut tenant electrical costs by about $1 per square foot
per year compared to traditional buildings in the market. Tenants
will have 6.2 watts of power per square foot available, exclusive
power for the HVAC.
Finally, tenants will have the option of balconies and operable
windows on the second and third floors.
Parking will be augmented by an attached three-story, 106,000 square
foot parking deck.
CityPark Lincolnshire seems to be part of a trend in the evolution
of suburban developments as tenants seek properties that incorporate
amenities where people can both work and play.
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