A new class of development: Sites no longer needed by universities are being redeveloped for new use

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A new class of development: Sites no longer needed by universities are being redeveloped for new use
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Some redevelopment activity in the Chicago area has been coming from an unexpected source: parcels no longer needed by colleges, universities and even religious seminaries.

The eight-story building at 401 S. State St. was the home of the now-defunct Robert Morris University.

Higher education institutions have been shedding real estate and opening it up to reuse for other purposes for years. Sites once occupied by Wheaton College, Northern Seminary, Trinity International University and DeVry University are among those proposed for redevelopment.Since 1997, Wheaton College has owned a sprawling one-story building that once belonged to Christian publishing firm Scripture Press. The college acquired the 15.82-acre site on the border of Wheaton and Glen Ellyn shortly after Scripture Press relocated to Colorado and has used it for storage.

In late 2020, Hoffmann unveiled plans for the site, including a combined Moretti’s restaurant and golf driving range complex called GolfSocial, along with apartments, some retail space, a car wash, a gas station, a new north-south through street and the draining and relocating of a retention pond. Lombard’s Village Board approved the project in January 2021, and then in April 2021 approved up to $27.5 million in incentives to the developer over an 18-year period.

“We’d like to see something fit in that entertainment corridor and also that would result in people staying at our hotels,” Lombard Village Manager Scott Niehaus said.In Bannockburn, Trinity International University in February announced that it would end residential and in-person undergraduate education as of the end of the spring 2023 semester, with the exception of one bachelor’s degree program related to its master of divinity program.The decision — attributed in a Feb.

“As of right now, based on what the current plan is, it’s basically a college district,” she said. “We have not determined any other uses for it right now as a board. From our standpoint, we began working on our comprehensive plan and we got a RISE grant to look at all the different areas , especially the office areas that have been stuck by COVID, and so all of that is weighing on us as well.

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