The Village Board on Monday was presented with a proposed annexation agreement that would bring nearly 77 acres of residential and commercial development to the village.
The Fairfield Meadows project at the northeast corner of 135th Street and Weber Road would include apartments, town homes and 21 acres of commercial property.
The first sections to be developed would be a complex of up to 350 apartments on 29.1 acres, which would generate $1.6 million in impact fees, said Village Manager Jim Smithberg.
A bank is expected to build on the commercial land, and the property owner is negotiating with a grocery chain as well, Smithberg said.
More Top Picks Miofive S1
Mayor Fred Dewald said he wants to be sure there are enough police officers and firefighters to cope with the growing population.
The board is expected to vote on the proposal Jan. 7.