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Village Delays Decision on Downtown Developer

Lake Zurich trustees want more information before committing to developer for parcel across from The Promenade.

 

Lake Zurich village trustees agreed to delay committing to a developer of a village-owned, lakefront parcel on Old Rand Road, Monday night. 

Village board members also agreed, after Village President Suzanne Branding asked them to share their wish list for downtown, that they want a mixed-use development on the Block A site, which overlooks The Promenade and the lake. 

“I also feel strongly that the first floor needs to be a gathering point, a destination . . . when I look strictly at all apartments or all residential, I’m not too much in favor,” said Trustee Terry Mastandrea. He said he’d like to see coffee shops and cafes on the ground floor, a place for residents to enjoy the lakefront.  

John Breugelmans of ARDE told the board that their wish list describes what he is proposing.  Breugelman is proposing a five-story contemporary mixed-use building, with a lot of glass facing the lake.  The building would include 50 units and 60 percent would be two bedrooms at 1,200 square feet. There would be a raised plaza overlooking the lake as well as a restaurant, coffee shop and ice cream shop. He told the board he already has retailers interested in the location. 

Other developers include J. Moises Cuikerman who is proposing luxury apartments, Richard Sova of Landover proposing apartment-condos, and David Smith of Southshore Real Estate who proposes commercial for the Block A area, but wants to start developing an area along Robertson Road first. 

See

Trustees Jonathan Sprawka and Rich Sustich said they favored Breugelman’s proposal. Mastandrea took issue with the height of the proposal, which is five stories, plus a penthouse. 

Trustees Tom Poynton and Sustich spoke in favor of opening downtown development to a larger group of developers and marketing downtown development in publications such as Crains Chicago Business.

“I’d like to see us take the time  and, if we have to, spend money to get an outside consultant and market Lake Zurich to people with better ideas,” Poynton said.

However, Mastandrea and Sprawka felt it was time to move forward on downtown development.

“I don’t want to lose what we have. We have four people who want to build in Lake Zurich. Let’s  take a good luck at what  is offered and what we can negotiate with them,” Mastandrea said 

 Developers were critical of suggestions to look beyond the current proposals for downtown development.

“We all spent a lot of time and money on these drawings and site plans. To me it is a little disingenuous for the board to say “thank you”  but we want to go to broader public.  Something doesn’t ring true to me,” Richard Sova said. 

In the interest of getting the project moving, board members agreed to choose from among this group of developers for Block A, and to consider marketing development of the rest of downtown. 

Trustees also agreed they were open to there being more than one developer in the downtown district.

Village Admininstrator Jason Slowinski suggested trustees draft specific questions for the developers. The board expects to consider the proposals at its next meeting on Aug. 20.

Say it isn't so August 08, 2012 at 10:01 PM
no train is the main reason why it wasnt successful to begin with! Name one? Rolling Meadows?..... Dead! The lake, that is pretty will not attract. Cant get to it. The village needs to loosen its stranglehold on its parks and throw that into the property pool. Not for condo, apartments but for commerce that generate people..........
Lead Follow or Get Out of the Way August 08, 2012 at 10:55 PM
My three cents...been to Wauconda lately? No train goes thru there. The restaurants have to beat the people off with a stick, even on week nights.
Say it isn't so August 09, 2012 at 01:05 AM
You are correct! But it took cooperation between the Village and the business owners..... lots of luck in LZ
JF August 09, 2012 at 01:33 AM
Yup. Wauconda is the place to be. Bulldog's has a huge following. Lines out the door. And Lindy's Landing or Docks? Imagine if Lake Zurich had a restaurant / bar like those two on the lake plus a sand beach for kids to play while parents relax. Feel free to ask me how many of my LZ neighbors have posted facebook pictures from Lindy's this summer. Slyce pizza? High-end like you find in Chicago or New York. Awesome. And newcomer Middleton's ... can't wait to try it. Wauconda has figured it out alright. it's a destination. No trains. Just great local restaurants and an accessible (A-C-C-E-S-S-I-B-L-E) lakefront that draws thousands from the surrounding area for dining, boating, swimming, or simply wading in the water (like LIndy's). Attract good local restaurants and the people and dollars will come from all over ... Just build a condo and coffee shop and you've got another 100 people in LZ that will drive to Wauconda or Kildeer or Deer Park to spend their dollars like the rest of us already do.
Susan October 18, 2012 at 05:48 PM
Agree. I remember when they got rid of the gas station in town because it was so unattractive & we were going to 'revitalize' the town.....Dipiero's looks like an old fire trap and that still stands just as it has always looked. And don't even get me started on this 'Alpine' look. At least when the gas station was there, some people had a REASON to drive into this ghost town..........it's just too sad that this Village has no imagination or drive. Bravo Wauconda!

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