
Western Chicago Suburb Schaumburg Approves Conversion of Offices Into 411 Apartments
In the latest example of innovative solutions to the poorly performing office market, the west suburban Chicago suburb Schaumberg has approved the conversion of three office buildings into a 411-unit apartment complex, according to the Daily Herald.
On Tuesday village trustees unanimously approved RMS Properties’ proposal to convert the former Atrium Office Center into a four-story apartment complex with five wings consisting of a total area of 12.6 acres.
The proposed unit mix includes 51 studios, 260 one-bedrooms, 92 two-bedrooms and eight three-bedrooms. Construction is expected to take more than a year.
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