Veridian

Location:Schaumburg, Illinois
Client: UrbanStreet Group, LLC
 
Project description: With the Village of Schaumburg Planning Department, a new zoning ordinance was created for this massive parcel that was once the Motorola Site. This project calls for one of the most ambitious developments in the Chicagoland area, if not the nation. Veridian will be a regional destination comprised of 350,000 SF of new retail, including shops, restaurants, a grocer, and theater. The first phase planning also includes other entertainment venues, a 220 key upscale hotel, over 400 residential apartments housed above retail, and many amenities. The overall master-planned site will also include over 200 townhomes, new office buildings, residential buildings, and a 10-acre public park.

Today, the site has been subdivided into multiple parcels, many of which will be sold to individual developers. Antunovich Associates will initially be responsible for planning and designing the main “Town Center” parcel. The design will entail a mixed-use development that calls for nearly 800,000 SF of built area within the retail core, not including the four massive parking structures that will support it. Construction is slated to start later this year on a new spine road and infrastructure with a phase one completion as early as the Fall of 2020.

Chicago
224 West Huron Street, Suite 7E
Chicago, Illinois 60654
phone: 312. 266. 1126

Washington, D.C.
1144 3rd Street NE
Washington, DC 20002
phone: 202. 540. 1144

Los Angeles
9724 Washington Boulevard, Suite 200
Culver City, California 90232
phone: 310. 237. 0600

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