The Raue Center for Performing Arts in Crystal Lake wants to open a satellite theater in downtown East Dundee. A proposal to redevelop a downtown parcel includes space for a performing arts center. Courtesy of Sightwell

A performing arts center, boutique lodging, apartments, retail and townhouses could soon fill a two-acre parcel that once housed a lumberyard in East Dundee.

Village trustees will review plans Monday that would transform one of the last developable properties in the downtown district.

“Heritage Station is bold, buildable and legacy-aligned — a rare opportunity to transform a historic block into a cultural and economic cornerstone for East Dundee,” West Dundee-based developer Sightwell said in its proposal.

The proposed development, dubbed Heritage Station, includes 8,0

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