Terra is excited to share the details of the Mixed-Use Greenwood project that’s taking place in our HQ’s neighborhood.
Mixed-Use Greenwood is a 3.0 acre infill redevelopment in Park Ridge, IL. It consists of a 4-story luxury Senior Memory Care Facility and a commercial building that anchors the corner of Busse Highway and Greenwood Ave. The new facility is only a few blocks from our headquarters.
We’re looking forward to the previously empty lot housing the new modern senior living community, The Sheridan at Park Ridge. We partnered with the Chicago-based real estate firm, Draper & Kramer, to make this happen.
The redeveloped site features a 1.4 ac-ft. pipe detention system. This system uses best management practices, such as permeable pavers, green roof, and stormwater infiltration. As an added feature, much of the site parking will be at ground level below the upper floors of the Senior Memory Care Facility. We’re looking forward to the positive impact this project will have on the Busse Highway and Greenwood Ave intersection.