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updated: 12/11/2019 6:04 PM

Elk Grove board paves way for two new hotels, restaurant

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  • A 96-room Tru by Hilton hotel will be built in 2021 on Oakton Street in Elk Grove Village, under plans moved forward by the village board this week.

    A 96-room Tru by Hilton hotel will be built in 2021 on Oakton Street in Elk Grove Village, under plans moved forward by the village board this week.
    Courtesy of Elk Grove Village

  • Construction will begin next year on a 105-room Country Inn & Suites at 1600 E. Oakton St. in Elk Grove Village, officials announced Wednesday.

    Construction will begin next year on a 105-room Country Inn & Suites at 1600 E. Oakton St. in Elk Grove Village, officials announced Wednesday.
    Courtesy of Elk Grove Village

  • Elk Grove Village trustees approved zoning changes this week clearing the way for construction of two new hotels and a restaurant on the site of the demolished Elk Grove Village Hotel at 1600 E. Oakton St. The village bought the hotel, shown here in 2018, for $5.6 million and had a portion of it torn down.

    Elk Grove Village trustees approved zoning changes this week clearing the way for construction of two new hotels and a restaurant on the site of the demolished Elk Grove Village Hotel at 1600 E. Oakton St. The village bought the hotel, shown here in 2018, for $5.6 million and had a portion of it torn down.
    Christopher Placek | Staff Photographer, 2018

 
Daily Herald report

Elk Grove Village trustees on Tuesday approved zoning changes that clear the way for construction of two new hotels and a restaurant on the site of the blighted former Elk Grove Hotel.

Under the plan, the 7.43-acre site at 1600 E. Oakton St. -- near the Elmhurst Road I-90 interchange and a half-mile from the $1 billion Elk Grove Technology Park -- will be divided into three parcels for development in separate phases.

The first phase will see construction of a 105-room Country Inn & Suites beginning early next spring. While most of the former three-story Elk Grove Hotel has been demolished, a portion is being used for the new hotel, officials said.

A restaurant or commercial building is planned for phase two of the development, followed by construction of a four-story, 96-room Tru by Hilton hotel in 2021.

The village bought the site last year for $5.6 million, and in August approved a redevelopment agreement with Sunrise Retail Development LLC. The developer expects to invest about $25 million into the site, officials said Wednesday.

"Bringing this development to fruition fulfills our long-term goal to revitalize the site of the obsolete Elk Grove Hotel," Mayor Craig Johnson said in a statement released by the village. "Bringing two brand new hotels and other amenities to Elk Grove Village will give area businesses and our residents additional options for their out-of-town guests.

"Further, the investment will strengthen our tax base and create jobs. And, it is our hope that this $25 million investment will be a catalyst for future private investment in the area," he added.