4Q2010 development projects - Village of Lake Zurich

4Q2010 development projects - Village of Lake Zurich

Brand New Medical Office Development Perry Group Ltd. proposed this development that will be located at the “Gateway” to downtown Lake Zurich, frontin...

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Brand New Medical Office Development Perry Group Ltd. proposed this development that will be located at the “Gateway” to downtown Lake Zurich, fronting the Route 22 Bypass. It includes a brand new, two-story, 41,000 square foot medical office building on an almost 3 acre parcel. Health care oriented businesses are proposed to occupy about 65% of the spaces in this new building. Offices will range from 1,000 square feet to 40,000 square feet. These spaces will be offered for lease or for sale. Ground breaking is expected for Spring/Summer 2011.

Zurich Meadows Senior Housing Complex Carefree Development LLC recently obtained a permit for a 95-unit senior housing complex to be built on Mohawk Trail by Old Rand Road and Route 22. Zurich Meadows would accommodate residents who are 55 years and older in the building. It is targeted toward low-income seniors with rents ranging from $530 to $960.

Couture 360 — 195 S. Rand Road A new full-scale salon has opened in Lake Zurich: Couture 360. This great new place is located near the Holiday Inn Express and Suites along Rand Road.

Beelow’s Steakhouse—763 S. Rand Road This locally-owned steakhouse recently opened in Lake Zurich in the old Bennigan’s Restaurant space. Beelow’s Steakhouse is a white tablecloth, old style family restaurant.