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Die Cast project back to square one

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Twenty-seven years after the Die Cast factory was demolished, 10 townhomes remain the only development on the 10-acre site. The green space around the townhouses is going to stay green for a while longer. Two years after the city chose Chicago Hubs Realty to develop a mix of senior housing, retail space, and a parking garage on the vacant land, the developer told the city it could not obtain financing for the project.  Independent Photo by Andrew Rousey

By Larry Loughlarry@the woodstockindependent.com  Development of the former Die Cast factory site will start over after Chicago Hubs Realty informed the city it could not obtain financing for its ambitious three-phase plan for a mix of senior housing, retail space, and a parking garage. The City Council last week rescinded its redevelopment agreement with CHR […]

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Picture of Larry Lough

Larry Lough

Larry Lough is editor of The Independent and reports local news. He has worked for community newspapers in Indiana, Illinois, and Iowa for the past five decades, and was a college journalism instructor for 17 years.
All Posts
Picture of Larry Lough

Larry Lough

Larry Lough is editor of The Independent and reports local news. He has worked for community newspapers in Indiana, Illinois, and Iowa for the past five decades, and was a college journalism instructor for 17 years.
All Posts
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