From the Village of Round Lake’s recent newsletter:
The Village owns 57 acres at the southwest corner of Route 120 and Wilson Road. The Village purchased this land with the intent it would facilitate commercial development. After a proposed development fell through, the Village continued to look for ways to attract development.
Starting in September CDHS, LLC will be leasing the property and filling the property, conducting a concrete recycling and composting operation on site. The north half of the property will be filled with clean fill to provide a level site for future commercial development. The south half of the site will preserve the existing wetlands on site and add a stormwater retention pond.
At the end of the lease, the land will be more attractive to developers as the site will be buildable, have some landscaping and stormwater infrastructure in place.