Village Extends Due Diligence on 1000 Busse Road Purchase

The Village of Elk Grove Village approved a first amendment to its Purchase and Sale Agreement with Centric Hospitality, LLC for the 1000 Busse Road property, extending the due diligence period to June 25, 2026. All other terms of the original April 14, 2026 agreement remain in effect to support potential future redevelopment in the Busse-Elmhurst TIF District.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

Due Diligence Period extended to expire on June 25, 2026

Renewal date

2026-06-25

Renewal

First Amendment reinstates the April 14, 2026 Purchase and Sale Agreement previously terminated for diligence issues and extends the Due Diligence Period to June 25, 2026 while leaving all other provisions unchanged.

Document type

Resolution

Source document

Village of Elk Grove Village Resolution First Amendment to Purchase and Sale Agreement 2026-05-26

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Elk Grove Village Board Meeting Agenda April 2026

PENDING

Elk Grove Village village (pt.), IllinoisApr 12, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Elk Grove Village village (pt.)?

Centric Hospitality Llc was awarded this facilities contract by Elk Grove Village village (pt.), as recorded on May 26, 2026.

What type of contract is this?

This is a Facilities contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Village of Elk Grove Village Resolution First Amendment to Purchase and Sale Agreement 2026-05-26 (Resolution), dated May 26, 2026 from Elk Grove Village village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Centric Hospitality Llc hold?

Centric Hospitality Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Centric Hospitality Llc's profile

What is Elk Grove Village village (pt.) currently buying?

Explore Elk Grove Village village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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