Fortune 100 company coming to former Nokia campus in Arlington Heights?

The vacant former Nokia Siemens campus in Arlington Heights may soon be a hub of business again.

Northbrook-based owner Torburn Partners has appeared before the Arlington Heights village board several times in the past few months for site changes that point to good news for the 1.1 million-square-foot campus near Dundee and Wilke roads.

A representative from Torburn told the village board Monday that they are about a week away from signing a lease for the 1421 W. Shure Drive building with a Fortune 100 company that would bring a large number of employees to the village. Neither Torburn nor the village would identify the potential tenant.

"It's one of the largest office campuses we have in Arlington Heights," said Charles Perkins, director of planning and community development for the village.

Before Nokia, Motorola called the campus its home, and at one point had 4,000 to 4,500 employees spread across several buildings there, Perkins said.

"To have those employees spending money at local businesses on shopping or dining and to bring those jobs back would be fantastic," he added.

As part of the sale to Torburn, Nokia signed a long-term lease for a building on the property along Cellular Drive. The company moved 1,000 employees there earlier this year after a multimillion dollar renovation, Perkins said.

In June, the board approved subdividing the campus - which Torburn bought for nearly $30 million in 2013 - into two parcels, one with the 1421 building and the other with the vacant 1501 W. Shure Drive building. Representatives from Torburn said that would help them better market the two buildings on the site to different possible lessees.

Another building on the campus was torn down last year to create more parking that far outnumbers the amount required by village code.

Earlier this week, Torburn received approval for sign variations to allow separate signs marking the different companies that may occupy the two buildings.

Perkins said village officials hope to see more positive news for the campus soon.

"It's a great property in a great community, it's got fantastic access and incredible visibility off Route 53," Perkins said. "It has a lot of good things going for it, so we'll keep working hard to get prospective tenants in there."