This strategically located development opportunity is near Springhill Mall and is an ideal infill site for new higher density residential development or possibly a senior or age-restricted facility. A large 20 +acre Dundee Park is adjacent to the west and serves as an amazing public amenity to the parcel. The zoning is in the process of being changed from B-2 commercial to multiple family in response to the proactive measures being considered by the village to stabilize and rejuvenate Springhill Mall. The village is currently updating the comprehensive land plan, and the zoning of this parcel has been changed from commercial B-2 PUD to MF- multi-family. The existing TIF district supporting the mall is also being updated and the tif boundary is being recast to include this property, which could help with infrastructure improvements such as storm water management, access roads, and utilities.