SAUK VILLAGE | A combination village hall/senior center, as well as the community's first housing development in almost 10 years, is on the 2008 agenda.
Hickory Hills-based Heritage Development is planning a Planned Unit Development of 55 to 60 homes on a seven-acre site directly east of Village Hall, which is located on the north side of Sauk Trail, Village Manager Richard Dieterick said.
The modular-type homes will be built on irregular, almost one-quarter-acre lots and priced in the $225,000- to $250,000-range, he said. Modular homes are built, using factory-produced panels and sections, which are assembled on-site. The homes must meet the same strict building codes as stick-built homes, Dieterick said.
Before the project can proceed, developers must receive village approval for the development and must construct the site's infrastructure, including roads, sewer and water lines, street lighting and retention areas.
"We expect it to start in the spring," Dieterick said.
Work also will begin on the community's new village hall/senior center. When completed, the building will house village offices and administration on its south end and the senior center on its north.
"The old village hall will be turned into police building," Mayor Roger Peckham said. "They need the space."
The $5.25-million to $5.5-million structure is being funded by a $6 million bond issue that will be repaid by proceeds of impact fees levied on buildings in the LogistiCenter Tax Increment Financing District on the northwest corner of Sauk Trail and Ill. 394.
The impact fees, 35 cents per square foot of the land area developed, can only be used for capital development, Dieterick said. The 325-acre LogistiCenter, served by the Elgin, Joliet and Eastern Railway, currently is home to two warehouses, totaling 1 million square feet. Another 500,000 square feet is under construction and is expected to be ready for occupancy in the second quarter of 2008.
The LogistiCenter, owned by Reno, Nev.-based DP Partners, is zoned for warehousing and light manufacturing.
"We expect to have 5 million square feet under roof when its complete," Dieterick said. "It's (development) market-driven, but at this rate, it should be in the five-to-eight-year range. We'll get considerably more impact fees as the district grows."
