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Village Says Yes to Mariano's Fresh Market, Midwest Motors

Bradford Town Crossing development and luxury car dealer approved by Lake Zurich village board.

Lake Zurich paved the way for numerous new businesses at the village board meeting, Monday night.

The board approved a Planned Unit Development for the 81,323-square-foot Bradford Town Crossing, at Quentin Road and Rte. 22, which has a Mariano’s Fresh Market as the anchor store. The village also approved a special use permit allowing Midwest Motors Inc. to operate a new and used luxury automobile dealership at the site currently occupied by Capaccio Brothers furniture store, 540 Cortland drive.

Prior to presentations by developers and a vote by the village board, residents spoke during public comment. The public comment centered on Midwest Motors proposal to relocate to Lake Zurich from Volo, with about half of the residents voicing support and the other half voicing concerns. The concerns included the number of cars parked outside the showroom, and property values.

Other residents expressed support for Midwest Motors.

"I'm in favor of both Bradford and Midwest Motors; it's upscale and very appropriate and will fit in. It's much more appropriate than empty vacant buildings, with weeds growing around, where there may be crime behind them," said Dale Perrin, executive director of the

 

 

Benjamin Ripstein, owner of Midwest Motors, told the board he is committed to Lake Zurich for the long term and promised that the business would continue to sell high-end vehicles and would not turn into the used car lot that some residents feared. 

Ripstein explained to the board that the business setup, with a large showroom and small parking lot, would not be cost effective as a dealer of lower end cars.

He said his business, currently located in Volo, is Internet based, but he would like to attract more local clients, and wanted to park up to 20 cars outside.

 "The cars I would be leaving outside would be no different than cars parked in a driveway. There would be no signs or balloons," he said.

Lake Zurich trustees approved the special use permit use permit allowing Midwest Motors to sell new and used luxury cars. The board also approved an economic incentive agreement with Midwest Motors.  The agreement is for 10 years during which the proposed revenue share is an equal 50 percent split of eligible retail sale tax. The cap is  $60,000 per year, and any excess sales tax revenue would go to the village.

Trustee Tom Poynton said the village does not like to give economic incentives, however they are necessary for municipaltities in Illinois.

"We rely heavily on other forms of revenue. These kinds of businesses are important to us . . . 50 percent of something is better than 100 percent of nothing," Poynton said. 

The Lake Zurich village board also approved a Planned Unit Development for Bradford Town Crossing and rezoning of the site  from R-1/2 Single Family to B-3 Regional Shopping District.

Mariano's Fresh Market will be the anchor store, which is described as a full-service grocery store. The parent company is Roundy's and the first area store opened in Arlington Heights in 2010; with subsequent stores in Vernon Hills, Chicago and Palatine. Each store hires about 400 employees. 

Bradford Town Crossing will also have a Chase Bank and a PNC Bank.

Trustee Jeff Halen pointed out to residents that economic incentives for the development would be determined at a later date. 

Mariano's is expected to open in the fall of 2014.

 

At 9:22 a.m., a typo in this article was corrected. Bradford Town Crossing will be at Quentin and Rte. 22, not Rte. 12.

Kathy July 03, 2012 at 01:59 PM
It's great to see Lake Zurich attracting some new business but a shame that the "downtown" area is still so neglected. It seems there would be a lot of potential but no interest. Too bad.
Janet Putbress July 03, 2012 at 02:24 PM
I believe the location is at Quentin and Rte 22... NOT Rte 12.. You have an article describing the Wooten property/Cedar Hill Nursery as being finalized with the agreements with HW and Kildeer. Just a typo perhaps? And I agree with Kathy.. it is a shame about downtown LZ. Thanks to previous administrations that had a great idea but did not do their due diligence.. along with the economic downturn LZ will need a much more robust and agreeable permitting process to attract any viable small businesses to downtown. Best of luck with that. I truly loved living there for the 26 years I did.
Claudia Lenart (Editor) July 03, 2012 at 02:29 PM
Yes, a typo. Thanks for pointing that out. It has been fixed.
DaddyO July 03, 2012 at 02:35 PM
"previous administrations"?? Lets give Branding and the bickering do nothing trustees their fair share of the blame for LZs anti-business culture. Oh, dont want to forget to put some blame on Dan Peterson and his building and zoning department for their lazy and slothful track record.
Sharon July 08, 2012 at 05:51 PM
How about putting a BMO Harris Bank in the complex? The closest one is in Barrington. There's already a PNC Bank at Rte 22 and Old McHenry, and a Chase Bank at Rte 22 and Rte 12.
Lead Follow or Get Out of the Way July 09, 2012 at 10:01 PM
How about a gas station instead of another bank. At least that would generate sales tax revenue. A Portillo's would be a nice addition to Lake Zurich as well. The only thing that will save the downtown are some nicer wine or martini type restaurants/bars a la Wauconda, Palatine, Barrington, that cater to the 40+ crowd. What is there now is rundown and too small. How about demolishing the K-mart property? It is an eyesore.
mint August 07, 2012 at 03:15 AM
a Chinese grocery store would be nice

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