Hines agrees to cap micro-units at former McDonald’s HQ redevelopment

The Houston developer will build Oak Brook’s first-ever apartments in the $500M project

Hines’ Greg Van Schaack and a rendering of the Oak Brook Commons project
Hines’ Greg Van Schaack and a rendering of the Oak Brook Commons project (Credit: Hines)

Hines Interests will cap the number of mico-apartments in its planned redevelopment of part of the former McDonald’s corporate headquarters in Oak Brook.

The Oak Brook Village Board approved Hines’ $500 million mixed-use development on 17.5 acres at 22nd Street and Spring Road, according to The Doings.

With the vote, Houston-based Hines is set to bring 250 apartments, 104 condos, a 252-key hotel, office space, commercial space and a park to the former McDonald’s Plaza site.

The development is a major win for Oak Brook, which was staring down a nearly 100-acre vacant corporate campus when McDonald’s left for Fulton Market in summer 2018. Despite its unanimous approval, the project was not without controversy.

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That’s because the project will feature the ritzy suburb’s first ever apartments. Hines previously assured residents the apartments would not be public housing.

In securing the final approval, Hines agreed to a minimum apartment size of 700 square feet and a limit of 25 units that can be in the 700-square-foot range, according to The Doings. In return, the apartment building will have a maximum height of 182 feet, instead of the original 165 feet, though the increased height would not result in more units.

Weeks after McDonald’s left for the city, Hines had a deal to acquire a 328,000-square-foot office building at the site and announced plans for a mixed-use “village center.” Another 74 acres of the campus is being marketed by JLL. [The Doings] — Joe Ward