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HomeMy WebLinkAbout06/16/2005 EDC minutes MINUTES ECONOMIC DEVELOPMENT COMMISSION 1st Floor Community Center, Village Hall Thursday, June 16, 2005 8:00 a.m. The meeting of the Economic Development Commission (EDC) of the Village of Mount Prospect was held on Thursday, June 16, 2005 in the first floor Community Center of Village 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 Ken Fritz, Margaret Lannen, Ben Trapani and Tom Zander were present. Commissioners Pat Biedar and Bruce Gillilan were absent. Also present were Mayor Irvana Wilks, Bill Cooney, Director of Community Development, Ellen Divita, Deputy Director of Community Development, Jim Uszler, Executive Director, Mount Prospect Chamber of Commerce. APPROVAL OF MINUTES The minutes of the February 3, 2005 meeting were reviewed and approved unanimously. OLD BUSINESS Development Update Mr. Cooney provided a general overview of developments ongoing throughout the Village. He stated that there were several positive changes taking place at Randhurst Mall. He asked Ms. Lannen to elaborate on the specifics on what was taking place at the Center. Ms. Lannen indicated that they were very close to announcing a new tenant for the former Circuit City spot and that she expected to make that announcement within the next few weeks. She indicated that Steve and Barry’s and Applebee’s were under construction and that Applebee’s should be opening the doors of their new restaurant by the end of this month. She also indicated they are in negotiations with a fast, casual restaurant for an outlot along Route 83. She said the Pacific Sunwear and China Garden were new tenants inside of the Mall. Ms. Lannen indicated that the Mall would be hosting a significant event for the release of the Harry Potter Book th Half Blood Prince on July 15. She stated that it would be a 12-hour event with an estimated crowd of 10,000 people on the property that day. She said there is a whole host of activities planned for that day and that she felt it would be a very positive Public Relations event for the Center and for the Village as a whole. She advised Commission members to check out www.spellbound2005.com to review the upcoming event schedule. Mr. Cooney provided additional information on Village developments. He stated the Emerson development in the downtown area was under construction with occupancy expected by spring of 2006. The Founders Row Development was in for permit review and construction should begin in July. He stated they are also working with a developer on the northeast corner of Euclid and Wolf Roads to construct a new commercial strip center. Taco Bell on Rand Road will soon be demolished and reconstructed. ComEd Business Retention Program Mr. Cooney stated that he would like to finalize a date for the ComEd Retention Program in the Kensington Business Center. There was general discussion about the most appropriate time and it was agreed that September th 15 would be ideal in order to eliminate conflicts with summer vacations. Mr. Cooney said he would contact th ComEd and Enterpriz Cook County officials to advise them of the September 15 date. In addition, he would invite members of the Chamber of Commerce and Village Board to participate. Downtown Redevelopment th Mr. Lindgren stated that he and several Commission members were in attendance at the June 14 Committee of the Whole discussion on the Sub-area 1 Redevelopment. He stated that he felt that many of the development scenarios discussed were not realistic and that the majority of them retained many of the old structures. He felt that the end result would not be a viable redevelopment and was concerned that the Village Board was pursuing more of a historic preservation mode than a redevelopment. Several other Commission members voiced their conomic Development Commission November 6, 2003 Minutes Page 2 opinions regarding this matter. The majority of the Commission supported complete redevelopment of the area with efforts being made to relocate certain historic structures to other areas in the downtown or surrounding areas. Mr. Fritz stated that he felt the Board was taking appropriate steps in attempting to preserve structures and felt that it would be a mistake to completely redevelop the sub-area 1. There was general discussion back and forth between Commissioners regarding the varying viewpoints of the members. Mr. Lindgren said he thought it would be appropriate to formulate a position paper from the EDC to the Village Board to advise them of their stance on this particular issue. NEW BUSINESS There was no New Business. CHAIRMAN’S REPORT There was no Chairman’s report. ADJOURNMENT th The Commission agreed to host their next meeting on August 18. There was discussion about moving the meeting time from the first Thursday to the third Thursday of the month. There was general concurrence among the Board members to make that modification. The meeting was adjourned at 9:15 a.m. Respectfully submitted, William J. Cooney, Jr., AICP Director of Community Development WJC:bhs