Former K-Mart Redevelopment
225 South Rand Road
Summary: The proposed redevelopment of this seven acre property, formerly the site of a K-Mart, was first presented to the Village Board in January 2016. Garden Homes proposes to redevelop the site as a mixed use development with 162 apartments and approximately 19,000 square feet of commercial space, including restaurant space. The developers intend to demolish the current vacant building and construct three separate residential rental buildings, each consisting of three stories over indoor parking. The plan includes a mix of one, two, and three bedroom rental units.
Public Open Houses were held for this proposed redevelopment of the former K-Mart Property on Monday, November 7, 2016 and Thursday, February 16, 2017 at the Holiday Inn located in Lake Zurich. These Open Houses provided residents and other interested parties to view a presentation of the proposed redevelopment, ask questions of the developer, and provide feedback on the project.
All developments and agreements will appear before the Village Board for final approval. This project will be appearing before the Planning and Zoning Commission on Wednesday, October 18th for final plan. This project would then move on to a Village Board meeting in November or December for final approval, and approval of a development agreement.
Developer: Garden Homes, New Jersey
View Site Plans: Garden Homes Concept Plans