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HomeMy WebLinkAbout12/21/2006 EDC minutes MA YOR Irvana K. Wilks VILLAGE MANAGER Michael E. Janonis TRUSTEES Timothy J. Corcoran Paul Wm. Hoefert A. John Korn Richard M. Lohrstorfer Michaele Skowron Irvana K. Wilks Michael A. Zadel Village of Mount Prospect Community Development Department 50 South Emerson Street Mount Prospect, Illinois 60056 VILLAGE CLERK M. Lisa Angell Phone: 847/818-5328 Fax: 847/818-5329 TDD: 847/392-6064 MINUTES ECONOMIC DEVELOPMENT COMMISSION 1st Floor Community Center, Village Hall Thursday, December 21, 2006 8:00 a.m. The meeting of the Economic Development Commission (EDC) ofthe Village of Mount Prospect was held on Thursday December 21,2006 in the first floor Community Center ofViIlage Hall, 50 South Emerson Street, Mount Prospect, Illinois. CALL TO ORDER Chairman David Lindgren called the meeting to order at 8:00 a.m. Commissioners Bruce Gillilan, Ken Fritz, and Tom Castagnoli were present. Commissioners Skip Robertson, Tom Zander, and Ben Trapani were absent. Also present were Mayor Irvana Wilks, Bill Cooney, Director of Community Development, Ellen Divita, Deputy Director of Community Development, and Jim Uszler from the Chamber of Commerce. APPROVAL OF MINUTES The minutes of the September 19,2006 meeting were reviewed and approved unanimously. OLD BUSINESS Development Update Mr. Cooney provided a general overview of developments throughout the Village. He stated in the downtown, that the Blues Bar construction was about to begin. There were some issues related to the demolition of the building that have been resolved and construction should begin at the beginning of the year. He stated that the Founders Rowand Emerson projects appear to be on schedule for an April 2007 occupancy. He stated that the Village Board is still reviewing alternative plans for the redevelopment of Sub-Area I, also referred to as the small triangle-area, as well as the redevelopment of the Central Plaza area. Mr. Cooney stated that the 500,000 square foot industrial development on the southeast comer of Dempster and Linneman Roads is well under way. Several new tenants have already been secured for the site. Mr. Castagnoli provided a general overview of the status of Randhurst Mall. He stated that sales are up over the 2005 levels, most notably with the newer tenants such as Costco and Bed, Bath and Beyond. He stated that the ownership is currently reviewing long-term development plans for the site, which could dramatically change the current site configuration. Mr. Cooney added that sales tax overall in the Village was up over ten percent from 2005 levels. EDC Business Retention Breakfast Meeting Recap Chairman Lindgren indicated that he felt the October breakfast was a success and was well attended. He inquired what the actual attendance level was. Mr. Cooney stated approximately 75 individuals were in attendance of which 60 were from the business community. The Committee agreed it was a worth-while event to continue to host and decided to plan for October 25,2007 as the Second Annual Breakfast. Economic Development Commission December 21, 2006 Minutes Page 2 2007 Goals Chairman Lindgren stated that one of the top goals for the Commission should be to continue the Business Visitation Program. He stated that he had forwarded an em ail to all Commission members providing a schedule for the next several months. The Commission agreed to make that a priority and potentially expand the visits throughout the entire community. Chairman Lindgren also stated that he thought it would be beneficial for the Commission to participate in more civic events to get the Commission's name out and about in the community. He suggested the possibility of the EDC sponsoring one of the Chamber's car nights on Saturdays in the summer. He stated that different groups volunteer to coordinate the event on a weekly basis. Jim Uszler stated that he would forward Chairman Lindgren information on sponsoring one of the Cruise Nights. Mr. Gillilan stated that he wanted to pursue the concept of the Village coordinating the garbage collection for all commercial properties. He asked if that was a matter the Village was still interested in. Mr. Cooney stated that Public Works Department had recently completed negotiations for the residential contract and they are in discussions with haulers relating to an overall commercial contract. Chairman Lindgren asked that the item be added to the February agenda for further discussion. Mr. Gillilan stated that he would also be interested in pursuing the concept of marketing the Kensington Business Center to international companies. He suggested that a sub-committee of the EDC be formed to review that process. NEW BUSINESS There was no new business. CHAIRMAN'S REPORT There was no chairman's report. ADJOURNMENT The meeting was adjourned at 9: 15 a.m. Respectfully submitted, William J. Cooney, Jr., AICP Director of Community Development WJC:sld 20f2 c:\ Win2kProfiles\langell\Local Settings\Temporary Internet Files\OLK I 55\Dec 211.doc