ARLINGTON HEIGHTS, IL—Arlington Devco LLC has hired AECOM Technology Corp. as construction manager and general contractor for the $53 million conversion of the former Sheraton Hotel here.

The reconstruction will transform the 13-story building into a 214-unit apartment and retail facility. The project features the renovation of the existing 300,000-sq.-ft. tower, as well as the construction of a new 105,000-square-foot garage, new roadways, underground utilities and landscaping. A new subterranean parking garage will feature 312 parking spaces that will accommodate the new apartments.

John Dionisio, AECOM chairman and CEO, said in a statement that the project should be completed by summer 2014. “Our construction services team is dedicated to successfully realizing the vision of this significant residential and retail redevelopment,” he said.