15 S. Old Rand Moves Forward

A redevelopment agreement  with LZF Blooms, LLC for 7, 15 and 19 South Old Rand Rd in the Main Street TIF District was approved by the Village Board in July 2021 for the sale and redevelopment of village-owned properties near the corner of Old Rand Road and Main Street.   The owners of Lake Zurich Florist on Main Street intend to build a new 2-story mixed-use building containing 4 commercial tenant spaces on the first floor and 4 residential units on the second floor. This redevelopment will result in more revenue for the TIF district, fewer village-owned properties, and additional vibrancy in the heart of Lake Zurich.  

The developer expects to break ground in Spring 2022.

15 S Old Rand