Developers Working to Secure McChesney Site for Apartments, Retailers

Photo credit: McChesney & Miller Facebook page

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Do you think an upscale apartment complex that includes retail space and underground parking would be a good fit for the former McChesney & Miller grocery store?

David Trandel, chairman and CEO of Springbank Real Estate Group in Winnetka, is eyeing the site at 460 Crescent Ave. with plans to spend $80 million to raze the vacant grocery store and build two buildings with a mix of apartments, retailers and parking, according to the Daily Herald. The developer is responsible for a similar concept in Arlington Heigths. One Arlington is a 214-unit apartment tower that has an entire floor dedicated to a yoga studio, fitness center, demo kitchen and an outdoor deck.

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Springbank is also in talks with nearby Lord’s Auto Clinic in Glen Ellyn to purchase their business and expand beyond the McChesney site, the newspaper reports. There is also a possibility they could buy the village’s Crescent and Glenwood Avenue parking lot.

The propsed project comes after McChesney & Miller closed last year after 150 years in Glen Ellyn.

Read more on the Daily Herald.