After more than three years of planning and strategizing, Burlington Station in Downers Grove is finally ready to break ground! In light of this exciting event, we wanted to share the story of this project with everyone.
1895 – Illinois Lumber Co.
5100 Forest Ave. in the early days
1970s – 2005
From the 1970's until 2005, the site housed a bank building, though it changed brands many times. In 2005, TCF Bank closed its doors and eventually foreclosed on the property.
In 2008, another developer presented plans for a six story, mixed-use development on the site. The developer proposed a 108,000 square foot building with 60 condominium units and 12,515 square feet of first floor retail space.
In November of 2012, Delta Development proposed a five-story senior living facility for the site.
2013 - 2014
In 2013, Holladay Properties purchased the building, which had been vacant for 8 years and started planning how to redevelop and re-purpose the existing building.
In the beginning, Holladay looked at working with a development partner to create a mixed-use facility for the site, with ground floor retail and upper lever multi-family uses.
One of the early plans for the building included converting the facility to retail use with a drive-thru restaurant.
Another early retail-themed plan for the building.
We also considered the possibility of hospitality on the site before setting on the current plans.
Holladay begins to actively work towards demolishing the existing facility and converting the site to house a single-building multi-family complex. The name Burlington Station is chosen for the 89-unit facility.
We will celebrate the Groundbreaking for Burlington Station on Friday, October 7th. Come back to our blog for more progress of the project!