Major Development Projects

The following list includes major commercial, industrial and residential development projects in various phases of development or plan review.   For more information contact the Community Development Department at (847) 918-2028.


Innovation Park Lake County (iPark) by BECO                             

Status: Construction complete. 80% leased. Space available for lease.

Description: 1.2 million SF high-tech multi-tenant corporate campus with modern employee amenities. 400,000 SF available for lease.  Visit the iPark website...

Leasing Contact: Meg Grow, (336) 407-2404

La Villa Apartments

Applicant: 536-42 North Milwaukee Ave LLC.
Status: Under Construction. Apartments for lease.

Description: Redevelopment of the historic downtown multi-use structure, to add 8 apartment units in the upper two floors, in the space previously used by a dance studio. The upper floors were at one time the La Villa movie theater.  Ground floor commercial spaces under construction for Duck Donuts and the Joyful Gourmet.

Leasing Contact: Ben Lovinger, (847) 778-9519

Herchenbach Industrial/Contractor Multi-Tenant Building 

Status:  Units for lease.
 Description:  Two buildings, with five total units sized 1824-4545 SF each available for lease for light assembly/industry/contractor type uses. Southwest corner of North Avenue & 3rd Street.

Gregory Infiniti and Soapy Joe's Car Wash 

Status: Car dealership complete.  Car wash construction near completion.

Description: Southwest corner of Milwaukee Avenue & Green Tree Parkway/Red Top. 

Encompass Health Rehabilitation Hospital

Status:  Under construction.

Description: Northeast corner of Winchester Road & US Highway 45 (bounded to east by American Way). Construction of new rehabilitation hospital.

Visit: Encompass website, Daily Herald article

The American Center for Spine and Neurosurgery   

Status: Under Construction.

Description: Northeast corner of Milwaukee Avenue & Condell Drive. Construction of new doctors offices.  Visit the ACSN website...

4th Street Broadway LLC 
Status: Under Construction.

Description: A 7-unit rental townhome development located at the southeast corner of Fourth St & Broadway Ave. Read article.  

Contact: Kinzie Builders, (847) 383-6780.

WoodSpring Suites - Holladay Properties

Status: Under permit review.

Description: A 122-unit extended stay hotel at the southeast corner of Peterson Rd and Northwind Blvd.

Contact: David Smith, Libertyville Senior Planner, (847) 918-2028


Liberty Junction

Status:  Preliminary approval granted.  Awaiting application submittal for Final approval consideration.  previous meeting detail

Description: An 80-unit single-family attached residential development located on the western portion of the property located at the southwest corner of Milwaukee Ave & Peterson Road (behind Wildberry Restaurant).

Contact: David Smith, Libertyville Senior Planner, (847) 918-2028

Midwest Industrial - 45Peterson LLC - Village of Libertyville
Status:  Preliminary approval granted.  Application for Final approval under consideration. 

Description: Northeast corner of Peterson & US Highway 45. Proposed construction of two industrial-flex structures on driving range area and a future commercial development parcel on the miniature golf area.  Amendment to Sports Complex site to accommodate additional parking spaces.

Visit: Village website for preliminary draft industrial concept and Sports Complex lot revision details.

iPark Central elevation.JPG
La Villa Aparments
building facade image
building facade image
Broadway & 4th Street Concept
Liberty Junction Building Elevation
Midwest Industrial