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Chicago & Midwest  + Greater Chicagoland  + Hospitality  |  August 19, 2019
Paul Bubny
By: Paul Bubny

Elk Grove Village Reaches Hotel Development Agreement

Elk Grove Village trustees recently approved an agreement with Sunrise Retail Development LLC to purchase and develop the village-owned Elk Grove Hotel site through a phased purchase and development process.

The Elk Grove Hotel was recently demolished. When complete, the redevelopment will see a Tru Hotel by Hilton and a Country Inn & Suites constructed, along with two restaurants.

The village also purchased the former Motel 6 property across the street from the former Elk Grove Hotel. Mayor Craig Johnson said demolition of that site would be completed by October.

The former Elk Grove Hotel sits only a few blocks east of the 1.2 million square foot, $1-billion Elk Grove Technology Park, now under construction.

The agreement with Sunrise Retail calls for three phases of development. Phase one is set to begin no later than September 2020, while phase three is to be completed by the end of 2022.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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