INSIDE
NEWS East’s Monay Crawford Niles budget causes debate among named All-Star MVP village SPORTS
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Our Village, Our News
MARCH 22, 2012
Vol. 56 No. 24
Mall Matters Randhurst Village in Mount Prospect
Construction of The Fashion Outlets of Chicago in Rosemont
A review of municipal involvement in retail construction Photos/Story By Rick Kambic Staff Reporter
The overhaul of Randhurst Village in Mt. Prospect and the creation of The Fashion Outlets of Chicago in Rosemont were cited as big reasons why Golf Mill Shopping Center needs public aid to help
finance upgrades to the Niles mall. Representatives from Golf Mill told the Niles Village Board that competition for business is on the rise and that these two soon-to-be shopping venues received help from their respective villages. In those instances, however, the scope of work was larger than Golf Mill’s,and the government contributions were smaller in proportion to the overall projects. Golf Mill has proposed the erection
of a business district that would create a 0.25 percent sales tax on all mall purchases – equivalent to 25 cents per every $100 purchase. Mall ownership is investing $15 million in addition to the roughly $600,000 per year in sales tax revenue. The Niles Village Board is expected to vote on the proposed project and 20-year tax hike during its March 27 meeting.
Trustees appeared skeptical of the plan and were confrontational during the Feb. 28 board meeting.
Mt. Prospect While Niles has never formed a business district before, the Village of Mt. Prospect approved one in 2007 when the owners of Randhurst proposed a See MALLS, page 2