The City of Rolling Meadows (“City”) is seeking proposals from qualified developers (“Developer”) to purchase the city-owned property located at 3500 Wellington Court (“Subject Property”) in order to develop the site (“Project”). The Subject Property consists of approximately one acre of vacant land at the intersection of Kirchoff Road and Owl Lane. The community has long envisioned the Kirchoff Road Corridor as a vibrant town center and downtown hub offering shopping, dining, and gathering spaces for residents of all ages. Comprehensive plans have highlighted the corridor’s potential for over twenty years and the City has resolved to realize that potential. The City is in the process of completing a new corridor planning effort along Kirchoff Road with sights on enhancing the corridor’s identity, encouraging business growth, updating zoning code to support walkability and mixed-use developments, and finally improving access and connectivity for all visitors to the corridor. The draft study is enclosed in the due diligence documents attached to this RFP. The City has not adopted the Study in its entirety as it continues to evaluate the Transportation recommendations of the Study, most notably the reduction of Kirchoff Road from 5- to 3-lanes in order to improve traffic operations, improve bicycle and pedestrian connectivity, and create a supply of on-street public parking in order to support higher intensity development within the Corridor.
