RFI - Downtown Westmont Redevelopment Opportunity

Seeking Development Partners
For Downtown Westmont
Redevelopment Opportunity
Prime Downtown Transit-Oriented
Development Site
Issued: May 18, 2026
Submittal Deadline: July 1, 2026
Contact: Spencer Parker, Assistant Village Manager
sparker@westmont.il.gov / 630-981-6234

INTRODUCTION
The Village of Westmont, Illinois ("Village") is seeking statements of interest from qualified
developers to redevelop a key 2.0-acre site (the "Site") located in the heart of Westmont's
downtown. While a portion of the Site is currently privately owned, the Village is under
contract to purchase the remaining parcelsand is expected to close in December 2026.
The Village invites development teams to submit their qualifications, development
approach, and preliminary vision for a catalytic, high-quality project that strengthens
downtown Westmont's character, activity, and economic vitality.
The Site is located at the northeast corner of S. Cass Avenue and E. Quincy Street, directly
east of the Westmont Metra Station. The Village would like to see the Site, which is
currently occupied by smaller commercial buildings, redeveloped into a larger, pedestrian-
friendly mixed-use development. The success of recent mixed-use developments in
Westmont, including Quincy Station, has demonstrated demand for downtown
apartments and ground-floor retail with an active street-level presence.
This Request for Interest (RFI) is intended to identify experienced development partners
capable of delivering a transformative project in a premier, transit-served location.
Information requested from interested parties is outlined on page 8. Based on its review of
submittals, the Village will select a preferred developer and begin negotiations for a
redevelopment agreement for the Site. The Village may elect to request additional
information or interview a shortlist of development teams prior to selecting a preferred
developer.
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OPPORTUNITY OVERVIEW
The Site represents one of the most prominent redevelopment opportunities in downtown Westmont, a
walkable district with a strong mix of dining and entertainment options. Adjacent to the Westmont Metra
Station and located at the intersection of Quincy Street and Cass Avenue, the Site is centrally positioned
among many restaurants, storefronts, and parks. The Site presents an opportunity for a highly visible,
mixed-use development project that has the potential to build upon the momentum of a proven district.
Key Attributes Village Goals
* Walkable, transit-served location with direct * High-quality, luxury, mixed-use development
access to Chicago via Metra's BNSF Line
* Catalytic projects that strengthen downtown
* Immediate proximity to restaurants, retail and as a destination
services along Cass Avenue (primary
* Pedestrian-friendly development that
downtown spine)
enhances downtown walkability
* Located within Village Central Business
District TIF District
Central Business
District TIF
Site
Village Hall
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WESTMONT CONTEXT
* Approximately 20 miles west of downtown Chicago, 24,020
and "in the middle of it all" - within minutes of I-88,
Residents
I-294, I-355, I-55 and equidistant to O'Hare and
Midway airports
10,670
* Centrally located between major employment hubs:
Households
5-minute drive to Downers Grove and 11-minute
drive to Oak Brook
$91,000
* The BNSF Metra Line connects Westmont to
Median Household Income
Chicago's Union Station, with 33 weekday inbound
trains from Westmont Station
60%
* Walkable downtown environment with restaurants/
Share of Residents with
bars, a grocery store and different civic amenities
Bachelor's Degree or Higher
* Proximity to award-winning schools, parks and
community facilities further enhances quality of life Source: Esri Business Analyst, 2025 Estimates
UP-West Line
Oak Brook
Downers Hinsdale
Grove
Westmont Willowbrook
Site
15-Minute
Drive from Site
Metra Stations
Metra Lines
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SITE CONTEXT
The Site consists of three adjacent parcels, one of which is currently owned by the Village. The Village has
entered a purchase and sale agreement with Bales Lumber & Supply Inc for the two privately-owned
parcels and expects to take full ownership of the Site in December 2026. The Village's current tenants
have leases expiring by the end of January 2027 but have expressed a desire to remain past that time if
the development timeline for demolition allows. The Village has reached out to the railroad to investigate
the potential to grade railroad right-of-way that is adjacent to the Site. Additionally, the Village is
conducting environmental assessments and an ALTA survey, which will be shared with the preferred
developer. The Village is also open to working with a preferred developer on land assembly to facilitate a
larger redevelopment. The two privately-owned parcels (1.35 acres in total) were appraised at $3 million,
and the Village estimates the full Site to be valued at $4.37 million.
PIN Ownership Zoning Acres Parcel Conditions
B-1: Downtown Small office building - current leases expire by
09-10-300-017 Village of Westmont 0.61
Edge [2] end of Jan 2027
Bales Lumber & M-1: Limited Lumber supply building - tenant to vacate
09-10-300-014 1.31
Supply Inc [1] Manufacturing [2] property before Village takes ownership
Bales Lumber & M-1: Limited
09-10-300-016 0.04 Vacant lot
Supply Inc [1] Manufacturing [2]
[1] Village to own properties by December 2026
[2] Parcels to be rezoned to B-1(A) - Downtown Core in summer of 2026
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DEVELOPMENT VISION
Scale & Design
Considerations
* Higher density development (up to
five stories by right) [1]
* Active ground-floor uses
* Shared / structured parking
solutions encouraged
Image: CoStar
[1] The Village is currently reviewing their code amendments and is open to allowing a 5-story building that is type 1A for
podium level and type 5A on the 2nd through 5th floors, with fire treated wood for perimeter walls
Quincy Station, a recent mixed-use development built in 2022 (pictured above) is located across the
street from the Site, on the southwest corner of S. Cass Avenue and W. Quincy Street. The Village would
like to see a complementary development constructed on the Site, building upon the momentum created
by Quincy Station and other planned projects in the downtown. The Village is also in the process of
preparing a downtown streetscape design plan.
Village Goals
Enhance downtown vibrancy and Increase foot traffic to support local
identity through development businesses
Increase downtown Activate ground-floor with retail where
residential base appropriate
Deliver high-quality architecture and Promote uses that generate property tax
streetscape and sales tax revenue
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INCENTIVES & PUBLIC
PARTICIPATION
The Site is located within the Central Business District TIF District (see map on page 3), which was
established in 2013. The Village is currently evaluating the potential to amend the current TIF district to
remove the Site and establish a new TIF for the area. If applicable, the Village is open to developer
requests for TIF assistance to support eligible redevelopment activities on the Site.
In addition to TIF financing, the Village is open to supporting development in numerous other ways,
including, but not limited to:
* Land assemblage support
* Land value write down (Village estimates the Site value to be $4.37 million)
* Public infrastructure development
* Facilitating shared parking and other parking solutions
* Expedited approvals
Submittals should identify any TIF or other public assistance requested for the project and include a
clear narrative explaining why the assistance is necessary to support project feasibility.
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INFORMATION REQUESTED
FROM RESPONDENTS
Letter of Interest
Narrative description of vision for site
Proposed uses and scale
Development Team Information
Description of development entity and project team
Key team members
Development Team Qualifications
Relevant project experience (comparable TOD/downtown projects)
Status of projects (completed, under construction, planned)
Preliminary Development Concept
Program description with proposed land uses and density
Conceptual site plan or massing (optional, but encouraged)
Financial Capacity
High-level anticipated sources of funding
Project examples of similar type/scale for which you've aggregated capital in the last year
Proposed Development Timeline
Projected dates for key development and pre-development milestones
Proposed Deal Structure / Partnership Approach
Proposed payment to Village for land
Description of requested Village assistance, including any TIF assistance
Proposed structure for any public-private partnership, as applicable
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SUBMISSION
Final submittals should be sent via email no later than July 1 with the subject line:
"Request for Interest: Downtown Westmont Redevelopment"
Any questions should be submitted via email by June 1, with the same subject line:
"Request for Interest: Downtown Westmont Redevelopment"
All questions and submissions should be directed to:
Spencer Parker, Assistant Village Manager
sparker@westmont.il.gov / 630-981-6234
RFI Timeline
RFI Issued: May 18, 2026
Questions Due: June 1, 2026
Submissions Due: July 1, 2026
Review Period: July - August 2026
Following review of submissions, the Village may:
Request additional information
Invite selected respondents for interviews
Enter into negotiations with a preferred development team
The Village reserves the right to:
Reject any or all submissions
Request additional information from respondents
Modify or terminate this RFI at any time
Proceed in a manner deemed to be in the best interest of the Village
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