Background In September of 2016, the Village retained a consultant team to undertake the Lake Cook Corridor Market Study and Plan. The project’s goal was to explore how the Village can best reposition the Corridor to optimize its growth potential. The end result is a realistic, comprehensive vision for the Corridor which will enhance the Village’s identity, vitality, and fiscal sustainability. The Lake Cook Corridor Market Study and Plan is important project that will implement key action steps from the Village’s approved 2016 Economic Development Strategic Plan. The project team was lead by international design firm, Hellmuth, Obata & Kassabaum, Inc. (HOK) and also includes Jones Lang LaSalle (market analysis), KLOA (transportation), SpaceCo (civil engineering and environmental) and Images, (community outreach). The plan included various community outreach activities and hundreds of residents, business owners, property owners, and other stakeholders participated in this important process. The project was completed and approved as a component and update to the Village 2009 Comprehensive Plan by the Board of Trustees in April of 2018. With the plan approved, the focus now shifts towards plan implementation.
About the Corridor
The Lake Cook Corridor expands over 472 acres (0.74 square miles) and includes properties from Arlington Heights Road to just west of Weiland Road and from Old Checker Road to just south of Lake Cook Road. The Lake Cook Corridor represents a gateway into the Village, as it connects local streets to a larger regional network of expressways, highways, and roads. With more than 40,000 vehicles traveling on the Lake Cook Road per day, this is one of the most utilized county roads in the region. The Corridor has over one million square feet of commercial space, as well as residential developments, the Village campus, and a municipal golf course.