(Westmont, IL) - Holladay Properties has closed on the purchase of approximately 1 acre of land in Westmont, IL. The acquisition includes parcels located at 1 and 7 West Quincy Street, and 14, 20 and 24 South Cass Avenue and is a huge step in the development of the upcoming Quincy Station project.
"Holladay has been discussing a mixed-use transit-oriented development (TOD) opportunity with the Village of Westmont since 2013," Drew Mitchell, Partner & VP Development for Holladay Properties said. "We are undeniably excited to now have all of the land in place to start this catalytic TOD in the Village's storied downtown."
Quincy Station will be a five-story, $30 million development located at 1 West Quincy Street, and will include 94 luxury residential apartment units designed to provide a variety of living spaces suitable for a broad spectrum of residents, incorporating below grade parking at the basement level as well as first floor enclosed parking garage. Quincy Station features immediate access to the Westmont train station, enclosed parking, an on-site restaurant destination, formal lobby with concierge and business center, fitness facilities and much more.
"This prominent and exciting development will serve as a vibrant community hub and gathering place for new and existing residents of Westmont," Mitchell said. "Quincy Station will create an artistic landmark and community gathering destination while setting a new standard for residential living at this important gateway to the downtown area."
The ground floor of Quincy Station will also offer a high quality restaurant destination opportunity in a 3,740 square foot space fronting Quincy Station and Cass Avenue. This retail space will potentially feature a sidewalk café style seating area.
Plans for Quincy Station include a comfortable lobby area for residents and visitors while providing concierge style services including placing restaurant reservations, handling visitor parking arrangements, on-site package handling and business center services for residents and guests. The building will also include a common amenity space / club room at the upper floor of the building with an outdoor terrace overlooking Quincy Street and the Downtown.