Project Updates and Development Opportunities
Explore our Current Projects
The Village has witnessed strategic growth through effective leadership and progressive economic development assistance tools, which is why it’s a great time to make Wheeling your home for your next business or development project. A number of successful and noteworthy projects that have taken advantage of Wheeling’s desirability as highlighted below.
Wheeling Town Center Becomes a Reality
The new $110 million Wheeling Town Center is located in the heart of Wheeling. This transit-oriented development serves as Wheeling’s downtown anchor which is immediately adjacent to the 100-acre Heritage Park, Wheeling Park District Gym, Community Center and Aquatic Center, Wheeling Metra Station, and Wheeling’s municipal campus. The Wheeling Town Center features 301 luxury apartment units and 100,000 square feet of retail, restaurant and entertainment space. The anchor tenant, CMX CinéBistro, is a state-of-the-art movie theater that is connected to CMX Stone Sports Bar - a restaurant and bar located in the lounge of the theater that is open to the public. City Works Eatery and Pour House, Starbucks Coffee, Inland Bank, and AT&T opened their doors in 2019. A number of restaurants opened in 2020, including Eggsperience, Mia’s Cantina and Arctic Spoon with more businesses opening up in 2021. Some parcels are still available for build-to-suit.
A $90 Million Mixed-Use Development Rises at 500 W. Dundee Road
Uptown 500, located at the northwest corner of Dundee Road and Northgate Parkway is nearing completion. This $90 million, transit-oriented, master-planned, mixed-use development is one block north of the Metra station and across the street from the Wheeling Town Center. Uptown 500 includes 321-unit luxury apartments and 12,000 square feet of ground floor retail. Residential leasing, which began in 2020, is off to a strong start. The units have been attracting young professionals, while also catering to a growing interest for those downsizing and looking for maintenance-free residences close to the train station, restaurants, and service amenities.
A New Mixed-Use Development is Coming - London Crossing at 889-901 W. Dundee Road
London Crossing will be developed by Wingspan Development Group and will include 55 row homes and approximately 33,000 square feet of commercial/retail space on an 11-acre site adjacent to London Middle School. The project is currently in the entitlement process, but construction may start as soon as 2021.
Panattoni Development Constructs a Class-A Industrial Facility at 1001 S. Wolf Road
Panattoni Development Company broke ground in 2019 on a $13 million, 162,000 square foot speculative industrial building and provided a much-needed Class-A industrial building at Wolf Road and Dean Avenue immediately west of the Chicago Executive Airport. The developer is targeting distribution, warehousing, logistics, and light manufacturing uses for the property. The Village approved a resolution supporting a Cook County Class 6b property tax abatement for the project given the redevelopment of an under-utilized site and the job creation potential.
Wieland Thermal Solutions Expands Their Wheeling Campus
Wieland Thermal Solutions (Wieland) recently constructed a $25 million, 110,000 square foot manufacturing facility just north of their existing manufacturing facility at 457 Northgate Parkway. The project was completed in late 2019 and the Village of Wheeling assisted Wieland with a Class 6b property tax abatement. Wieland utilizes their Wheeling, IL facilities for the production of semi-finished products in copper and copper alloys. This new facility effectively doubled the size of the production footprint of their Wheeling campus and helped solidify their footprint in Wheeling for the long-term.
Atlantic Aviation Embarks on a New $10,000,000+ Facility in Wheeling
Atlantic Aviation maintains an active general aviation operation out of Chicago Executive Airport (CEA) in Wheeling and representatives recently announced plans to construct a modern, 25,000 SF building to house additional aircraft and support offices. CEA is Chicagoland’s third business airport and the new investment shows the airport’s commitment to continued growth and prosperity.
Explore Some of our Development and Commercial Opportunities
Wheeling encompasses other amazing properties that can be developed, reimagined, and constructed to offer new commercial, industrial, mixed-use and residential opportunities. Some of those opportunities are highlighted below, but take a look at all of the development opportunities within the Village of Wheeling by clicking here.
Fantastic 7.6 Acres Mixed-UseSite Available for Sale – 780 W. Dundee Road
Located near the Wheeling Town Center, Metra, shops, and restaurants, this 7.6 acre parcel is ideal for mixed-use, commercial-retail, or multi-family. The land is located in the Town Center-II TIF District. Over 100,000 people live within 3 miles of this site and Dundee Road carries nearly 30,000 vehicles daily. Click here to access the marketing brochure.
Village-Owned Land at 635-769 S. Milwaukee Avenue
This 2.5-acre property is situated along Milwaukee Avenue and is near the Cook County Forest Preserve. The property is zoned B-3 and is owned by the Village of Wheeling which can accommodate two restaurant uses or a combination of other uses. It is located in the South Milwaukee TIF District. Please call the Economic Development Department at 847-459-2605 for more information.
Hospitality & Commercial Opportunity at Lake Cook Road and Milwaukee Avenue
This premier property is zoned MXC, which can encompass a mixture of uses such as commercial, retail and hospitality. It is one-half block west of the Westin Chicago North Shore Hotel & Conference Center and high-quality restaurants such as Saranello’s, Cooper’s Hawk Winery & Restaurant, and Boston Fish Market. The property is within the North Milwaukee Avenue TIF District.
A Variety of Opportunities Exist at the North East Corner of Milwaukee Avenue & Dundee Road
Up to nine acres are available at the busy intersection of Milwaukee Avenue and Dundee Road. Join Fresh Farms, Walgreen’s Benihana’s, Jimmy John’s, Dunkin Donuts and other commercial retailers in this bustling intersection. These properties are zoned B-3.