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Kretchmer Associates

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Roosevelt Road Redevelopment Plan – Hillside, IL

Market analysis contributes to Hillside’s redevelopment

  • Market analysis for Roosevelt Road-Mannheim Road sub-area plan in west suburban Chicago
Hillside Plan SCB
Photo courtesy of Solomon Cordwell Buenz

Requirement

Working as part of a planning team led by Solomon Cordwell Buenz (SCB), we were tasked with preparing a market analysis for a neighborhood in the Village of Hillside. The project area is bordered by two well-traveled thoroughfares – Roosevelt Road and Mannheim Road – but experiences flooding issues. The Village is bisected by I-290, the primary highway between downtown Chicago and the western suburbs.

Approach

Working with the Metropolitan Water Reclamation District of Cook County – which is drawing up a plan to alleviate the flooding – the interdisciplinary team prepared a plan for redevelopment of key Village-owned and privately-owned vacant parcels.

Kretchmer Associates analyzed the market for retail, office, and residential uses and provided the economic reality check for the plan.

Results

The Village adopted our plan and is working to attract developers to the area based on the strategies we identified.

Related Projects: Chicago Metro, Commercial & Retail, Market Rate Residential

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Kretchmer Associates
807 Davis Street #2004
Evanston, Illinois 60201-7103
(847) 864-8895
vsk@kretchmerassociates.com

About Us

Founded in 1985, Kretchmer Associates is a certified WBE with expertise in all aspects of residential, retail, commercial, and industrial real estate analysis in the Chicago metro area and throughout the rest of Illinois, Indiana, Wisconsin, Iowa, Missouri, Kansas, Nebraska, and Minnesota.
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