One unnamed group put under contract by TransformcoHQ for potential purchase of former Sears office campus in HoffmanTweets
An unidentified group is performing due diligence ahead of its possible purchase of the former Sears headquarters campus in Hoffman Estates, according to village officials.
Although the potential buyer and its plans for the site have not been publicly disclosed, real estate market analysts told the Daily Herald they did not believe the 30-year-old Sears campus would generate interest as an office center. Microsoft last winter bought an additional 30 acres adjacent to the 53-acre site where it plans a pair of 207,000-square-foot data centers on Lakewood Boulevard in Hoffman Estates, north of Bell Works Chicagoland.
Village officials earlier this week discussed raising the electricity tax rate for high-volume users like data centers as a way to fund the $16 million cost of replacing the aging Fire Station 22 at 1700 Moon Lake Blvd.
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Ambulance fees, data center electricity tax could fund new Hoffman Estates fire stationsHoffman Estates officials expressed interest Monday in formalizing a $25 million plan to replace the village's two oldest fire stations within the next five years by raising ambulance fees and the electricity tax on high-volume users to regional averages.
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The Cash Is Always Greener: Hamptonites Are Shelling Out 6 Figures to Keep Lawns LushIn the Hamptons, lawns are the talk of the town, with some residents spending nearly half a million dollars and trucking in water to keep their estates looking impeccable.
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