The Arlington Heights Village Board approved two resolutions at its meeting Tuesday night.
Arlington Heights Village Manager Randy Recklaus speaks during the Sept. 6, 2022 Village Board meeting in Arlington Heights. Village trustees approved at the meeting hiring consultants to do traffic and financial impact studies related to redeveloping the Arlington International Racecourse land, including plans the Bears are presenting for a new stadium there.
The two resolutions approved Tuesday allow for agreements between the village and, individually, Hunden Strategic Partners and Sam Schwartz Consulting LLC. The village would pay Hunden about $118,000 to conduct an economic impact study, and Schwartz would receive about $85,000 to look at transportation impacts. Each of the studies is related to redeveloping the property.
“This is a big enough project that we would absolutely do this, whether it were the Lions or the Tigers or the Bears,” he said. “And the funds that are being used are being used out of the escrow funds of the petitioners. So there is no tax money being used.” The traffic consulting agreement calls for Schwartz, a Chicago-based planning, engineering and design firm, to evaluate public transit options for the site, on- and offsite parking possibilities, the capacity of the site and its immediate surroundings, and to make recommendations.
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