The Arlington 425 project will not be discussed at the next Arlington Heights village board meeting Monday night, village officials said Thursday.
Officials originally targeted that date to vote on four zoning approvals and seven variations that would pave the way for the three-building residential and commercial campus on most of the long-vacant Block 425 in the village's downtown.
But the timeline has stalled following a housing commission meeting last Monday, when the appointed village commissioners sought more in-depth financials on the proposed $150 million redevelopment. They've sought the information before recommending to the village board how many of the development's 361 residential units should be rented at below-market rates, and exactly how much those apartments should cost.
Charles Witherington-Perkins, the village's director of planning and community development, said another housing commission meeting hasn't yet been scheduled.
The project already has received positive recommendations from the village's design and plan commissions -- two other panels appointed by the mayor and village board.
After the village board meeting next Monday -- when newly elected trustees Mary Beth Canty and Tom Schwingbeck will be sworn in -- the board's next scheduled regular meeting is Monday, May 20. Canty and Schwingbeck were among those in the audience last Monday for the housing commission meeting.
The current board provided a preliminary review of the project last October before it went through the formal village review process.
Arlington 425 would be situated on the northern three-quarters of the vacant parcel bounded by Campbell Street, Highland Avenue, Sigwalt Street and Chestnut Avenue.