Single Family Home Construction on the Rise in Woodridge

Source: The Village of Woodridge. Image via shutterstock.

Single family home construction is on the rise in Woodridge. In 2014, the Village issued 30 permits for construction, including 8 new townhomes. This is an increase from 2013, when 27 permits were issued. With the approval of three single-family home subdivisions in 2014, the Village anticipates close to 300 new single-family homes to be constructed by 2019 based upon projections provided by developers. This five year projection brings the Village back to pre-recession housings starts, last reported in 2007.

The single family subdivisions approved in 2014 includes Fox Wood Estates near Dunham and 75th Street, Timber Edge near the intersection of 83rd Street and Lemont Road, and Farmingdale Village 26 near the intersection of Heritage Parkway and Lemont Road. Respectively, these developments were approved for 17, 149 and 107 single family home lots.

“Woodridge continues to see growth across retail, industrial/office and residential sectors,” said Mayor Cunningham. “The resurgence of home building is another great sign for the Village.”

Single family construction trends are just one of the many topics covered in this year’s Village of Woodridge Economic Development Annual Report. The Annual Report highlights accomplishments, changes to the development environment, and challenges from the previous year. Now in its second year of production, the report helps track economic development benchmarks that will assist in establishing strategic goals for the community in years to come. View the Economic Development Annual Report at the link below.

View the Economic Development Report...