Buffalo Grove, IL

The Clove

Kensington Development Partners is redeveloping the 22-acre property (formerly Town Center) into The Clove - a new, modern central entertainment and residential district.

Project Updates!
March 2024 Progress Update

Previous Clove Updates - Playlist

Key Information

Project Overview

Kensington Development Partners is redeveloping the 22-acre [former Town Center] property into a new, modern central entertainment and residential district. This compact central district will feature contemporary building design, as well as upscale tenants and be a unique destination for residents and visitors alike.

The plan proposes :

a new 43,000 square foot nationally renowned grocery store with an innovative format to meet the demands of today’s consumers.
a 7-story, 275- to 300-unit high-end apartment building with 16,000 square feet of commercial space on the ground floor. Distinctive from traditional multi-family complexes, the proposed “next generation” apartment building represents the latest in the luxury rental market, where the focus is creating an amenity-rich, convenience-filled environment.
Almost 20,000 square feet of new retail and restaurants scattered throughout the site.
An approx 0.85 “Central Park” will sit in the middle of the site and can be programmed for concerts, the arts and other civic events.
Revitalizing the remaining 34,000 square feet located on the northern portion of the site, creating new opportunities for existing and future tenants.

Project History and Next Steps

2018 - Lake Cook Corridor Plan, a community-driven vision was adopted as part of the Village's Comprehensive Plan
2020 - BG establishes the Lake Cook Corridor Tax Increment Financing (TIF) district to help implement the Lake Cook Corridor Plan
2020-Attracted to the Lake Cook Corridor's bold vision as well as the TIF, Kensington Developers goes under contract with the Town Center owners to purchase the property. Kensington and the Village being to refine the plan and negotiate a public-private partnership
2021 (Nov) - Buffalo Grove approves a Memorandum of Understanding (MOU) with Kensington to help facilitate the project. The total investment and project costs are estimated to exceed $150 million. The Village Board reviews the concept plan and refers the plan for further review to the Planning and Zoning Commission.
2021 (Dec 2021 and April 2022) - Kensington presents their concept plan to the Village Board and the Planning and Zoning Commission (PZC).
2022 (April 6 and May 18) A public hearing for the project was scheduled during the Planning and Zoning Commission (PZC) Meeting . The PZC unanimously recommended approval for the project.
2022 (June 20) The Clove development received final approval from the Village Board. Village Agendas can be found here.
2022 (August ) Kensington retained ownership of the property. Demolition of the former Town Center buildings began.

Pre-Construction Meeting

A Pre-Construction Virtual Meeting was held on August 16, 2022 where project representatives discussed the project timeline, construction hours, site accessibility and more. View the meeting video below.