Delayed redevelopment may start in Tinley Park

By Mike Nolan mnolan@southtownstar.com February 25, 2014 7:44PM

A rendering of the proposed Boulevard at Central Station apartment building in Tinley Park. | Supplied photo

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Updated: February 26, 2014 2:12AM

Construction of a long-awaited retail and apartment redevelopment in downtown Tinley Park could get underway in the spring.

Developer Bob Hansen is working to sew up financing for his Boulevard at Central Station, which will include 167 apartments and businesses, such as restaurants, at street level, according to his lawyer, David Sosin. He said Hansen is finalizing his deal, more or less, and anticipates breaking ground soon.

The five-story Boulevard building is planned for a triangular piece of land at South Street and 67th Court, directly south of the Oak Park Avenue Metra station.

First approved in summer 2012, the project has languished, in part because of tight lending restrictions on commercial projects.

Although similar in some respects to the 295-unit Ninety 7 Fifty on the Park apartment building in Orland Park, that project was largely financed by that village.

Tinley Park Mayor Ed Zabrocki said village officials have been kept updated on efforts by Hansen to nail down financing, and that it looks good.

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Delayed redevelopment may start in Tinley Park