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Vacant AT&T Campus May Get New Life as MXU

Although still in the early conceptual stages, a plan by New Jersey developer Somerset Development could do for the former AT&T campus in suburban Hoffman Estates, IL what Somerset did for the former Bell Labs research campus in Holmdel, NJ. Somerset has filed an application to turn the vacant 1.6-million-square-foot site into a mixed-use “self-contained metropolis in suburbia,” and will present its plan to Hoffman Estates officials on May 14.

Somerset is poised to close on an acquisition of the site from loan servicer C-III Asset Management, which took control of the property in a sheriff’s sale last year. The developer’s plan for the campus, which AT&T vacated a few years ago, calls for 550 residential units, 1.2 million square feet of office, 60,000 square feet of retail and a 200-key hotel.

In its conceptual site application, Somerset called its proposed redevelopment “the town center that Hoffman Estates craves.”

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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 13-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 15-20 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 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).

  • ◦Development
  • ◦Sale/Acquisition