Interest reviving in 21-home Hoffman Estates subdivision
Hoffman Estates' renaissance of residential development continued Monday as the village board heard an updated plan for a 21-home subdivision stalled by the downturn in the housing market a decade ago.
Airdrie Estates is located near the intersection of McDonough and Rohrssen roads, close to Timber Trails Elementary School on the west side of the village.
The village board previously approved it in 2005, with the intent that its lots would be sold individually to custom homebuilders.
Work stopped after the streets, water and sewer utilities were installed, but before any homes were built.
Representatives of Carol Stream-based Enon Hill Design & Development told the village board that they've been negotiating with custom homebuilder Worthington Homes of Lakewood.
A decade ago, four lots were under contract for about $300,000 each. But the lots today are being marketed at only about $100,000 each.
Nevertheless, Worthington Homes is proposing to build custom homes in Airdrie Estates based on the uniqueness of each lot.
Because this plan so closely matches what was approved in 2005, the subdivision requires no further permission from the village board. But the developer wanted to share the status of the project with trustees in case there were any concerns.
Neither village officials nor neighboring residents who were present expressed any objections Monday.
"It seems to be right in step with what we were expecting at the time, but 10 years later," said Pete Gugliotta, director of planning, building and code enforcement for the village.
Earlier this year, existing residents of Hoffman Estates' Devonshire Woods Estates subdivision protested developer CalAtlantic Homes' plan to build smaller, less expensive homes on 38 of the 45 remaining lots. But village board members voted 4-3 to approve the plan.
Trustees also recently approved the 81-home Bergman Pointe subdivision at Algonquin and Ela roads.