Business View Magazine - June 2016 125
so that we can rebuild those reserves. And we have a
healthy budget to address our infrastructure needs.”
Frank doesn’t think that Schaumburg is likely to grow
much larger in population because the Village is pretty
much built out. “We’re at 75,000 people and there’s
not a whole lot of farmland or greenspace for further
development,” he says. “We’re surrounded by other
suburban communities, so I think we’ll stabilize some-
where from 75 to 80 thousand. We have some small
housing projects going on now that will add some resi-
dents; we’ve got an apartment complex being built
that will add 220 units; we’ve got a couple of develop-
ments which will add 150 row homes. Some spot infill,
here and there, but for the most part Schaumburg’s
an established, mature community.”
And Frank adds that Schaumburg serves its residents
