Loading...
HomeMy WebLinkAbout01/08/2004 DAHC minutesMINUTES DOWNTOWN AD HOC COMMITTEE PHASE II 2nd Floor Conference Room, Village Hall Thursday, January 8, 2004 3:30 p.m. The meeting of the Downtown Ad Hoc Committee of the Village of Mount Prospect was held on Thursday, January 8, 2004 , in the second f loor conference room of Village Hall, 100 South Emerson Street, Mount Prospect, Illinois. CALL TO ORDER Chairman George Busse called the meeting to order at 3:30 p.m. Committee members Laurel DiPrima, Jackie Hinaber, Elizabeth Lespinasse, Tom Lowe, Jean Reibel, Jim Uszler and Tom Zander were present. David Lindgren and Daniel Lee were absent. Also present were Bill Cooney, Director of Community Development and Michael Jacobs, Deputy Director of Community Development. APPROVAL OF MINUTES The minutes of the December 18, 2003 Committee meeting were reviewed and approved unanimously after some minor revisions were incorporated. OLD BUSINESS Sub - area #3 Chairman Busse indicated that he had discussions since the last meeting with Bill Blaine regarding the S OS Mount Prospect Committee that was pursuing the open space on the northern portion of sub - area 3. He indicated that the committee was continuing to pursue the open space and that they would likely be appearing at future meetings of the committee. Mr. Z ander said that he had received mail indicating that the SOS group was hoping th to appear at the January 15 committee meeting. There was general discussion about what would be the best method to incorporate their concerns into the overall discussions for the downtown and it was agreed that the th January 15 meeting would be an appropriate venue for that discussion. NEW BUSINESS Sub - area #4 Mr. Cooney provided a general overview of the businesses and land area included in sub - area #4. The sub - area 4 cons ists of all properties on the block bounded by Busse Avenue, Maple Street, Northwest Highway and Emerson Street. Businesses located on this block include the BankOne Office Building, the commercial building that includes Michael’s Restaurant, UPS retail f acility and offices and the Van Driel’s Building on Northwest Highway. The Police/Fire Building is not included as part of the sub - area 4 study. Mr. Cooney indicated that, in light of the fact that BankOne is marketing their building for sale, it would be appropriate to consider alternative uses on the site. The city has met with developers who have submitted proposals that range from maintaining the existing building to complete demolition and redevelopment of the site with mixed - use development. He stated the remainder of the block consists of commercial buildings with viable tenants. In addition, he stated those properties have limited redevelopment potential due to the site dimensions of the properties. The committee generally discussed the devel opment opportunities of sub - area 4. It was agreed that if the BankOne property were to be redeveloped that the new development should be designed to transition down in height towards the single - family neighborhood to the east. The committee felt that the west side of the Bank property along Emerson Street could be redeveloped as a mixed - use project with retail on the first floor and up to six additional floors of residential above. The general consensus was that the Maple Street frontage should be develo ped as rowhomes to complement the single - family homes on the east side of Maple Street. The committee owntown Development Ad Hoc Committee January 8, 2004 Minutes Page 2 questioned whether that type of development would be economically feasible. Mr. Cooney indicated that the BankOne property currently generates over one - half million dollars in property tax and that in order to maintain or increase that amount that a fairly dense development would need to be approved. He indicated that he would work on some financial projections that could be discussed at the next meeting to determine if the proposed plan would be feasible. The committee further discussed the remaining properties in sub - area 4 and determined that the existing uses were beneficial to the downtown and that the focus should be more on the rehab of the existi ng buildings rather than on the redevelopment of this area. CHAIRMAN'S REPORT There was no Chairman’s report. ADJOURNMENT The Committee agreed to hold their next meeting on January 15, 2004. The meeting was adjourned at 5:15 p.m. Respectfully submitted , William J. Cooney, Jr., AICP Director of Community Development