HomeMy WebLinkAbout03/20/2008 EDC minutes
MAYOR
lrvana K. Wilks
VILLAGE MANAGER
Michael E. Janonis
TRUSTEES
Timothy 1. Corcoran
Paul Wm. Hoefert
Arlene A. Juracek
A. John Korn
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
www.mountprospect.org
MINUTES
ECONOMIC DEVELOPMENT COMMISSION
Executive Conference Room, Village Hall
Thursday, March 20, 2008
7:45 a.m.
The meeting of the Economic Development Commission (EDC) of the Village of Mount Prospect was
held on Thursday, March 20, 2008 in the third floor Executive Conference Room in the Village Hall, 50
South Emerson Street, Mount Prospect, Illinois.
CALL TO ORDER
Chairman David Lindgren called the meeting to order at 7:45 a.m. Commissioners Bruce Gillilan, Ken
Fritz and Tom Lowe were present. Commissioners Skip Robertson and Ben Trapani were absent. Also
present were Mayor Irvana Wilks, Bill Cooney, Director of Community Development and Brian
Simmons, Deputy Director of Community Development.
APPROVAL OF MINUTES
The minutes of the August 16, 2007 meeting were reviewed and approved unanimously.
OLD BUSINESS
Development Update
Mr. Cooney provided an overview of the status of several developments throughout the village.
Mr. Cooney provide a brief overview of the redevelopment potential for Randhurst Mall. He indicated
that they were currently meeting with the various tenants on the property to determine the needs of
each tenant. He was optimistic that the final plan will be ready for public discussion by the end of the
year.
Annual Business Breakfast
Mr. Cooney stated that Business Breakfast was a great success at the Bristol Court Banquet Facility on
October 18th. Approximately 100 people attended and many provided positive feedback on the event.
It was agreed that the EDC should continue to hold this annual event and October 16, 2008 was
chosen as the tentative date for the next breakfast.
NEW BUSINESS
Sub Area #1 Presentation
John Heimbaugh, CEO of Heimbaugh Capital Development Corporation, was introduced by Mr.
Cooney. Mr. Heimbaugh provided a brief overview of his company and of the various projects that they
have completed. He stated that they are proposing a mixed-use development for the area commonly
known as sub-area #1 and/or the small triangle. The proposal would include approximately 100
residential condominiums, 35,000 square feet of retail space and a 270 space parking structure. He
displayed boards that depicted the elevations and site plan and provided details of the public and
private landscaped terraces and plazas.
The EDC discussed the project and had several questions of Mr. Heimbaugh. The general consensus
of the commission was that the proposal would be an excellent addition to the downtown. Mr. Lindgren
stated that he would prepare a brief statement of support from the EDC that he would present at the
upcoming public hearings.
CHAIRMAN'S REPORT
None
ADJOURNMENT
The meeting was adjourned at 9:00 a.m.
Respectfully submitted,
William J. Cooney, Jr., AICP
Director of Community Development
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