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Bradford Equities

Thursday, April 5, 2012

Park Board OKs Land Swap in Hubble Deal

Park District gets property at Main and Roosevelt in exchange with developer.

It took all of four minutes for the Wheaton Park District board to formally agree to exchange land parcels with the developer of the old Hubble school site. During a special meeting held Wednesday night, the board approved a move to trade its Central Park property to Bradford Equities in exchange for land it owns at Main Street and Roosevelt Road. The swap is part of the larger proposal to redevelop the Hubble property. Bradford Equities bought the property from the Wheaton school district last year with plans to build a Mariano's Fresh Market at Roosevelt and Naperville roads. The Wheaton City Council approved a development proposal in March. Also in its part of the Hubble deal, the park district plans to purchase a portion of the Hubble …

Friday, February 10, 2012

Park District Finalizes Hubble Plans Before City Hearing

Park district will present to City Council Monday, Feb. 13.

The Wheaton Park District board met Wednesday to finalize an agreement with developer Bradford Equities, LLC, to buy part of the old Hubble school site before a presentation to City Council Monday, Feb. 13. The board also saw a presentation of a concept for the formal garden park the district plans to build at the corner of Main Street and Roosevelt Road. The agreement determines the sale price of $3 million for the parcel of the Hubble property the park district will buy from Bradford. Park commissioner Phil Luetkehans said Bradford plans to exchange the parcel of property intended for the formal garden park for the park district’s property across the street—the Central Park property. Bradford plans to bring a Mariano’s Fresh Market to …

Tuesday, June 28, 2011

D200 to Vote Thursday on Hubble Sale

D200 reaches tentative agreement with Bradford Equities, LLC on sale of former Hubble school property.

The District 200 Board of Education will hold a Special Board meeting at 6 p.m. Thursday, Jun. 30, at the School Service Center to vote to accept an offer on the old Hubble school property.  According to a Tuesday press release, the board reached a tentative agreement with Bradford Equities, LLC for the purchase of the old Hubble school property. The board anticipates taking action Thursday to approve the agreement.  Bradford Equities, LLC met the minimum sale price of $5 million, according to the release. The Wheaton Park District last month approved a letter of intent with Bradford that would allow for a Mariano's Fresh Market grocery store to open on the corner of Roosevelt and Naperville roads, while preserving the remainder of the …

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