Schaumburg to host public information meeting Thursday for Meacham Road pedestrian bridge
Schaumburg officials will host a public information meeting Thursday evening to provide details about a long-planned pedestrian bridge over Meacham Road, connecting the convention center and entertainment district on the east side with the Veridian development on the west.
The meeting will be held from 5:30 to 7 p.m. in the Great Room of the Element at Veridian apartment complex, 2200 Progress Parkway, at the west end of the Veridian redevelopment of the former Motorola campus.
The partly federally funded project is intended to enhance pedestrian and bicycle safety in travel between the rapidly redeveloping areas on both sides of Meacham.
Andretti Indoor Karting & Games is nearing completion on the east side of the Renaissance Schaumburg Convention Center Hotel as part of the first phase of the entertainment district. And the first building of The District at Veridian’s 30-acre, mixed-use development recently celebrated its groundbreaking just across the road.
Existing aspects of Veridian’s 225 acres include Topgolf, the Northgate at Veridian townhouses, the 260-unit Element at Veridian apartments, the eight-story global headquarters of The Boler Co. and the 12-acre 90 North park.
The bridge is proposed between Zurich Way and Progress Parkway on the west side of Meacham. The Renaissance Hotel and its convention center on the east side will mark its 20th anniversary in 2026.
The village budgeted $500,000 on a preliminary design for the bridge and $1.6 million on land acquisition during its 2024-25 fiscal year.
Local funding for the project comes from the tax increment financing, or TIF, district created for public improvements associated with the area’s private redevelopment.
A TIF district freezes the amount of property tax local governments receive at the level of the first year. As property values and taxes rise, the additional amounts go to a municipally held fund for eligible public projects for up to 23 years.
Thursday’s meeting will cover such topics as the need, the preliminary design, alternatives being considered, land acquisition and a tentative schedule. Exhibits will be available for view and village representatives will be available to answer individual questions and record comments.
The meeting is being held being held in compliance with the requirements of the National Environmental Policy Act and the Illinois Department of Transportation’s public involvement policy.