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HomeMy WebLinkAbout08/10/2000 EDC minutes MINUTES ECONOMIC DEVELOPMENT COMMISSION 2nd Floor Conference Room, Village Hall Thursday, August 10, 2000 8:00 a.m. The meeting of the Economic Development Commission (EDC) of the Village of Mount Prospect was held on Thursday, August 10, 2000, in the second floor conference room of Village Hall, 100 South Emerson Street, Mount Prospect, Illinois. CALL TO ORDER Chairman Norm Kurtz called the meeting to order at 8:00 a.m. Commissioners John Arndt, Pat Biedar, Ben Trapani, Bruce Gillilan and David Lindgron were present. Commissioner Kevin Davies was absent. Also present were Mayor Gerald L. Farley, William J. Cooney, Director of Community Development, Michael Blue, Deputy Director of Community Development, and resident Carol Tortorello. APPROVAL OF MEN-UTES The minutes of the June 8, 2000 meeting were reviewed and approved unanimously. OLD BUSINESS Mr. Cooney provided a brief update of progress of various developments throughout the Village. He indicated that the K-Mart at Rte. 83 and Dempster would soon be closing and that staff ~vas working with the property owners to fred a replacement tenant for that property. There was a brief discussion about types of users for that site including Target, Meier, and other large big box users. Mr. Cooney also provided an update on the two new retail developments at the intersection of Rand and Elmhurst Roads. He stated that both the former LaSalle Bank and Heilig-Meyer buildings had been demolished and construction of the new retail facilities would be underway soon. He stated that likely tenants include Starbucks, Baha Fresh Restaurant, CVS Pharmacy, The Hair Cuttery and other general retail uses. He also indicated that a breakfast themed restaurant would be locating in the currently vacant East Side Mario's property and that there were two retail proposals for the former Sunrise property and the vacant parcel across from the WalMart facility on Rand Road. There was general discussion related to the viability of the smaller strip centers on Rand Road and the impact on overall vacancies in the Village. Mr. Cooney also provided an update on the Downtown Redevelopment efforts. He indicated that the shell was nearly complete on the fn~t building of the Residences at Village Centre project, and the foundation was started for building #2. He stated that Northwest Electric was behind schedule on their relocation to their new site on Rand Road and that staff was working with Norwood Builders and Northwest Electric in an effort to expedite that situation. He stated that the Lofts and Shops at Village Centre would soon be underway now that the EPA had signed offon the environmental clean up of that site. Mr. Trapani stated that the condition of the 2-40 N. Main building was very poor and wondered if the Village was going to take a more proactive approach. Mr. Cooney indicated that staffhas attempted to clean up that site for years and that the property owner is not very cooperative. He stated he would have staff investigate the existing violations and sit down with the property owner to attempt to address those issues. conomic Development Commission August 10, 2000 Minutes Page 2 NEW BUSINESS Business and Development Resource Guide Mr. Cooney distributed the recently completed business guide to the Economic Development Commission members and indicated that we would be mailing these guides to all businesses throughout the Village. He stated that Mr. Blue had worked on this project for several months and that he felt the guide would be a useful document for existing and prospective businesses in Mount Prospect. Mr. Gillilan suggested that the EDC target specific types of businesses for mailing to prospective businesses. Commission members complimented Mr. Blue for his work and lek the guide was a very positive economic development tool. Chamber Golf Outing Mr. Cooney indicated that the Mount Prospect Chamber of Commerce Golf Outing would take place on September 13 and asked who would be interested in participating in the event. Mr. Trapani indicated that he would be golfing with a foursome from Mount Prospect National Bank. Mr. Lindgren indicated he had a foursome with Harris Bank. Commissioners Biedar, Gillilan, Kurtz and Amdt indicated an interest in participating. Mr. Cooney stated he would work on contacting local businesses to pair-up with each of the Commission members for the event. ADJOURNMENT The meeting was adjourned at 9:30 a.m. Respectfully submitted, Director of Community Development 8-00.do¢