1 00:00:00,810 --> 00:00:11,000 this is this is pertaining to the 2019-20 budgets roll call please 2 00:00:14,900 --> 00:00:25,010 Schultz here trustee Oppenheim here trustee burn I mean I'm sorry trustee 3 00:00:27,050 --> 00:00:40,170 here trustee Marquardt here trustee takaoka here trustee Brown here 4 00:00:34,280 --> 00:00:46,980 president burn all right we have a quorum present maybe we want to speak to 5 00:00:42,360 --> 00:00:51,140 the budget our annual budget public hearing and this is the start of it 6 00:00:56,270 --> 00:01:05,339 nothing else I'll speak to the fact that Anna and Larry who's not here tonight 7 00:01:02,010 --> 00:01:13,200 did an outstanding job pulling it together and looks like we're in good 8 00:01:10,470 --> 00:01:17,670 shape coming out of the current fiscal year with a small surplus which is a 9 00:01:17,070 --> 00:01:25,670 good thing and going into next year with a balanced 10 00:01:21,840 --> 00:01:34,820 budget based on what I believe are very realistic and conservative revenue 11 00:01:29,340 --> 00:01:44,130 estimates and as always solid right on expenditure estimates just for just for 12 00:01:41,579 --> 00:01:48,329 public information the budget the proposed budget has been posted on the 13 00:01:45,960 --> 00:01:53,939 website The Villages website for over a month it's been presented in detail in 14 00:01:51,450 --> 00:01:56,880 each of the past two board meetings and of course the meeting is open tonight 15 00:01:55,140 --> 00:02:03,030 for anyone who wants to comment on what's been presented so far and those 16 00:02:00,990 --> 00:02:10,310 meetings are available on YouTube and they were so exciting that Netflix wants 17 00:02:05,040 --> 00:02:10,310 to put them on their broadcast service 18 00:02:11,990 --> 00:02:24,600 okay if there's no chemistry questions from the public the audience their 19 00:02:21,210 --> 00:02:26,750 motion to adjourn the public hearing so may 20 00:02:30,110 --> 00:02:39,900 trustee cook i trustee Marquardt by trustee shal i you brown i trusty 21 00:02:37,440 --> 00:02:46,770 Oppenheim by trustee takaoka hi president burn motion carries the 22 00:02:44,490 --> 00:02:56,330 hearings adjourned okay I'd like to call the board meeting to order 23 00:02:49,020 --> 00:03:03,570 roll call please trustee takaoka here i trusty Schultz here trustee Brown here 24 00:03:00,570 --> 00:03:08,150 trustee Marquardt your trustee cook here trustee Oppenheim here president burn 25 00:03:29,549 --> 00:03:43,090 okay if there's any citizen here it wishes to address the board on anything 26 00:03:41,019 --> 00:03:48,849 other than what's gonna be on committee at a whole you can address the board but 27 00:03:46,810 --> 00:03:55,799 a committee at a whole everybody that's here for you know I think the mall 28 00:03:52,420 --> 00:04:08,379 expansion you will be recognized obviously the community at all so 29 00:03:59,340 --> 00:04:25,720 anybody okay let's see proclamation National Public Safety to 30 00:04:09,849 --> 00:04:32,800 telecommunications week National Public Safety communications week April 14th 31 00:04:29,139 --> 00:04:39,539 through to 20th 2019 emergencies can occur at any time and that require 32 00:04:36,789 --> 00:04:43,660 police fire emergency medical services when an emergency occurs the prompt 33 00:04:42,160 --> 00:04:47,940 response to the police officers firefighters and paramedics is critical 34 00:04:46,389 --> 00:04:52,860 to the protection of life and preservation of property the safety of 35 00:04:50,889 --> 00:04:56,590 our police officers and firefighters is dependent upon the quality and the 36 00:04:54,849 --> 00:05:02,919 accuracy of information obtained from citizens who telephone the Vernon Hills 37 00:04:59,289 --> 00:05:07,510 Police Fire Communication Center Public Safety telecommunicators are the first 38 00:05:05,410 --> 00:05:13,000 and most critical can't take their citizens he have with emergency services 39 00:05:10,599 --> 00:05:18,039 Public Safety telecommunications are seeing a single vital link for our 40 00:05:15,430 --> 00:05:23,650 Police arson firefighters by monitoring their activities by radio providing them 41 00:05:20,889 --> 00:05:29,860 information and ensuring their safety Public Safety telecommunications for the 42 00:05:26,229 --> 00:05:34,419 villages of Vernon Hills Lincolnshire Libertyville and countryside Fire 43 00:05:32,530 --> 00:05:38,770 Protection District they have contributed substantially to the 44 00:05:36,460 --> 00:05:42,729 apprehension of criminals suppression of fires and treatment of patients each 45 00:05:41,979 --> 00:05:47,379 telecommute educator exhibited compassion 46 00:05:44,439 --> 00:05:52,240 understanding and professionalism during the performance of their job in the past 47 00:05:49,419 --> 00:05:58,689 year and now therefore be it resolved that village president Board of the 48 00:05:54,809 --> 00:06:04,539 Vernon Hills declares the week of April 14th through to 20th 2019 to be National 49 00:06:01,990 --> 00:06:08,979 Public Safety communication week in Vernon Hills in honor of the men and 50 00:06:06,789 --> 00:06:20,889 women whose diligence and professionalism keep our villages and 51 00:06:11,469 --> 00:06:24,300 citizens safe I'll take that and we will post it in the communication 52 00:06:50,849 --> 00:07:04,930 Proclamation our Arbor Day April 26 2019 if having recognize the economic 53 00:07:02,310 --> 00:07:10,419 aesthetic and environmental value of a thriving community forest brings to the 54 00:07:07,959 --> 00:07:15,759 its residents and visitors village of Vernon Hills he has and continues to be 55 00:07:13,059 --> 00:07:21,370 committed to reforestation of land within its corporate boundaries and to 56 00:07:18,759 --> 00:07:26,919 prune and prudent management of its existing forest resources the village of 57 00:07:24,490 --> 00:07:31,809 Verde Hills shall continue to enhance its reforestation and forestry 58 00:07:29,740 --> 00:07:37,349 management policies and practices and shall continue to dedicate financial 59 00:07:34,599 --> 00:07:44,139 resources over and above City USA requirements the Tree City USA flag 60 00:07:40,809 --> 00:07:52,899 shall be flown at the public public works building on April 26 2019 to honor 61 00:07:50,439 --> 00:07:58,080 those residents and volunteers we have participated in the program of a 62 00:07:54,810 --> 00:08:02,220 he's sponsored by the village I Roger burden president of the village Vernon 63 00:08:00,480 --> 00:08:08,330 Hills do hereby proclaim that the village of Vernon Hill show officially 64 00:08:04,470 --> 00:08:13,830 observe Arbor Day and Saturday May 11th 2019 encourages citizens to participate 65 00:08:11,400 --> 00:08:18,480 in appropriate activity activities and take advantage of the benefits of the 66 00:08:15,660 --> 00:08:31,530 parks and other natural areas in our communities I really have nothing else 67 00:08:28,169 --> 00:08:35,700 to add this year's Arbor Day celebration we we don't schedule it the same day as 68 00:08:33,690 --> 00:08:40,080 actually Arbor Day the weather isn't as conducive we'll continue to work with 69 00:08:37,770 --> 00:08:45,420 the Boy Scouts and on that day we'll be out at the Arbor theater planting some 70 00:08:41,940 --> 00:08:57,570 trees and beautifying the village well in light of Arbor Day how many more you 71 00:08:51,270 --> 00:09:04,350 know trees do we have to replace so when the ash borer came to town we had 3,600 72 00:09:01,230 --> 00:09:11,670 ash trees just in our parkways alone and we've went through and we've addressed 73 00:09:07,940 --> 00:09:16,680 3100 of them we still continue to treat some of the other ones the the green ash 74 00:09:14,220 --> 00:09:21,690 didn't survive quite as well as the white ash but for some critical 75 00:09:19,410 --> 00:09:27,930 locations such as on the golf course we have been injecting and will continue to 76 00:09:24,270 --> 00:09:37,680 inject them ultimately it's a band-aid we're not sure they're going to make it 77 00:09:30,570 --> 00:09:44,430 but it's important that we try and what Dave said I've attended a couple of the 78 00:09:40,440 --> 00:09:52,380 events on a on our designated Arbor Day and it's a very enjoyable day out there 79 00:09:48,620 --> 00:09:59,279 we have quite the array of unique specimens of wide variety of specimens 80 00:09:55,980 --> 00:10:05,430 of trees and plants and most of them are marked and you can go for a self-guided 81 00:10:02,040 --> 00:10:10,230 tour but you can also participate with Boy Scouts 82 00:10:06,570 --> 00:10:18,200 as they dig a few holes and plant a few trees and learn a little bit about 83 00:10:13,940 --> 00:10:25,740 forestry and and how to just care for trees and plants so I'd invite everybody 84 00:10:22,260 --> 00:10:35,190 to come out that morning was it May 11th at 9 a.m. 10 a.m. 9 a.m. yeah you know 85 00:10:32,460 --> 00:10:42,450 just for this process and and the replacing the ash trees was a it started 86 00:10:38,190 --> 00:10:48,330 three years ago I think longer I think almost at least seven years ago so 87 00:10:45,030 --> 00:10:55,050 that's when we started now is time flies he budgeted what 1.3 mil I think I think 88 00:10:52,500 --> 00:11:02,670 our original anticipated budget was about 1.8 million I think we brought it 89 00:10:57,660 --> 00:11:07,200 in right around 1.3 million we we've learned it includes this year's and that 90 00:11:05,100 --> 00:11:13,830 includes issues we learned a lot we learned that we need diverse forestry 91 00:11:11,160 --> 00:11:18,270 and so we plant much different trees I think our forest urban forest is much 92 00:11:16,320 --> 00:11:21,690 better off now than it was back in the day with only having three or four 93 00:11:20,040 --> 00:11:30,630 species that basically developers installed back in the day okay all right 94 00:11:26,360 --> 00:11:37,140 next is practitioner officer Jan Perret retirement chief you want to read this 95 00:11:32,840 --> 00:11:41,270 or do you want me to read whatever you prefer sir 96 00:11:37,890 --> 00:11:41,270 you're the chief 97 00:11:47,910 --> 00:12:00,600 John can't be here because he's on duty right Thank You mr. mayor it's my 98 00:11:57,449 --> 00:12:04,829 pleasure to read this proclamation in recognition of the service of officer 99 00:12:02,880 --> 00:12:09,870 John peeper at Verna Hills Police Department Verna Hills Illinois whereas 100 00:12:07,769 --> 00:12:13,680 John P Perret began employment with the village of Vernon Hills Police 101 00:12:11,100 --> 00:12:20,160 Department as a police officer on August 21 1990 and has served the village in 102 00:12:17,009 --> 00:12:24,569 that capacity for over 28 years and whereas John brought with him over four 103 00:12:23,040 --> 00:12:29,430 years of police experience from the village of lemon Hurst making his total 104 00:12:27,089 --> 00:12:34,319 contribution of law enforcement 32 years and whereas John served as the village 105 00:12:32,459 --> 00:12:41,160 of Vernon Hills Police Department's first k-9 officer from 1991 to 1997 106 00:12:38,850 --> 00:12:47,250 during which he partnered with two separate police canines Ritchie and 107 00:12:43,680 --> 00:12:51,870 Marko and whereas John served as a field training officer from 2000 where he 108 00:12:49,560 --> 00:12:55,800 helped shape form and train the core of Vernon Hills police officers still 109 00:12:54,180 --> 00:13:00,569 working today and whereas John served as an officer in 110 00:12:58,500 --> 00:13:06,720 charge for numerous patrol shifts and investigations from 1999 during which he 111 00:13:04,620 --> 00:13:10,769 assisted with the supervisory duties of field operations throughout the 112 00:13:08,189 --> 00:13:17,490 department and whereas John served as a school the school resource officers for 113 00:13:13,680 --> 00:13:23,370 Hawthorn school district 73 from 2015 to 2019 during which time he coordinated 114 00:13:20,310 --> 00:13:27,959 police services and resources for eight different schools and whereas John 115 00:13:25,889 --> 00:13:31,949 accumulated numerous commendations and awards from both the department and 116 00:13:29,910 --> 00:13:38,189 outside agencies throughout his tenure Dear John was awarded three life-saving 117 00:13:35,670 --> 00:13:44,490 medals and was recognized by the alliance against intoxicated motorists 118 00:13:40,410 --> 00:13:49,860 aim each year from 1999 to 2006 for his efforts to keep impaired drivers off the 119 00:13:46,740 --> 00:13:52,680 streets of Vernon Hills and whereas John has been a great asset to the Vernon 120 00:13:51,389 --> 00:13:56,610 Hills Police Department throughout his career and has served with 121 00:13:54,209 --> 00:14:00,389 professionalism and distinction the resident subvert the residents of the 122 00:13:58,860 --> 00:14:03,430 village of Vernon Hills have been greatly rewarded by 123 00:14:01,690 --> 00:14:08,410 John service to this community as a police officer during the past 28 years 124 00:14:05,890 --> 00:14:11,980 and now therefore it be it proclaimed that the president and the board of 125 00:14:10,240 --> 00:14:17,320 trustees of the village of Vernon Hills on behalf of the entire Vernon Hills 126 00:14:14,410 --> 00:14:21,400 Community College of lake extended John people read their gratitude and things 127 00:14:19,240 --> 00:14:26,110 for his many years of service to the community and the law enforcement 128 00:14:23,010 --> 00:14:41,380 profession dated this third day of April 20 1932 see him go but he continues to 129 00:14:39,190 --> 00:14:49,150 serve in public service so well not too far away all right I'm just a quick 130 00:14:47,800 --> 00:14:54,010 thing on that I think I mentioned it before I talked about he was very well 131 00:14:52,180 --> 00:15:01,930 respected by the students at at Hawthorne and on his last day there was 132 00:14:58,300 --> 00:15:06,850 it was amazing to watch the students they they did a final I'll call for him 133 00:15:04,900 --> 00:15:10,420 to come the office and had all of the students come out into the hallways and 134 00:15:08,980 --> 00:15:16,150 he had to walk the whole hallway of the school to again thunderous ovation so he 135 00:15:14,770 --> 00:15:27,130 hid the work he did there or the last four years was was outstanding was was 136 00:15:22,960 --> 00:15:35,860 Jandy the k-9 officers signed to the which which dog did died yes his first 137 00:15:31,090 --> 00:15:44,340 one Ritchie Richard yeah there was there was a car accident and I don't know 138 00:15:40,510 --> 00:15:44,340 everyone remember all effects were you 139 00:15:49,170 --> 00:16:01,960 yeah I think we actually carried life insurance on to Doug because they're not 140 00:15:57,940 --> 00:16:06,630 cheap the you know train and purchase absolutely yeah okay all right 141 00:16:08,460 --> 00:16:11,460 treasurer 142 00:16:12,390 --> 00:16:30,390 your next report just want to draw your attention to the cash and investment 143 00:16:27,660 --> 00:16:35,310 balance for all funds is 34 sorry 35 point six million which is an 144 00:16:33,269 --> 00:16:42,029 increase of 3.1 million from the beginning of the fiscal year the 3.1 145 00:16:39,839 --> 00:16:45,630 million difference is going to be kind of chewed up a little bit because we're 146 00:16:43,769 --> 00:16:50,130 going to pay the debt service payments that I do 147 00:16:46,589 --> 00:16:59,850 actually we're due on March 30th and then we are doing the early bond call 148 00:16:53,790 --> 00:17:05,220 for the 2005 geo bonds so those two payments will total about 1.8 million 149 00:17:02,880 --> 00:17:10,439 dollars to bring down the 3 point 1 million balance right now additionally I 150 00:17:08,579 --> 00:17:17,760 like to draw your attention to sales tax is doing very well the sales tax that's 151 00:17:14,850 --> 00:17:23,429 received a note in February is for actually November retail activity and it 152 00:17:20,760 --> 00:17:29,610 was one of the best monthly results in village history that's not a December or 153 00:17:25,770 --> 00:17:48,840 June sales month so that's promising how much was yes thank you was it one 154 00:17:42,600 --> 00:17:57,740 point three four million yeah what that was for a period of what 90 days was it 155 00:17:51,360 --> 00:17:57,740 just for damn it takes 90 days to get 156 00:18:01,820 --> 00:18:14,150 the state could be canis yeah since they got a terminal case of the shorts yeah 157 00:18:14,390 --> 00:18:23,280 okay I'm just another item is a couple revenue sources besides our regular 158 00:18:21,210 --> 00:18:28,619 sales tax our homeroom sales tax is about 11.5 percent of a projection in 159 00:18:26,279 --> 00:18:34,259 tax is about 7.9 percent about projection Community Development fees 160 00:18:31,200 --> 00:18:39,239 our 10.1 percent above projection right now and I'll stay away from the below 161 00:18:37,049 --> 00:18:44,820 projections and the food and beverage tax is 21 point four percent above 162 00:18:43,049 --> 00:18:50,460 projection and that's just with five months of receipts so how much in sales 163 00:18:46,919 --> 00:18:59,219 tax do we get the last in the last year sales tax from retail and all that sorry 164 00:18:56,489 --> 00:19:09,979 more than that because there's you know some rebates they're probably closer to 165 00:19:01,679 --> 00:19:09,979 14 million the actual sales tax here is 166 00:19:11,960 --> 00:19:19,369 8 million 852 no for the year No 167 00:19:30,640 --> 00:19:49,010 right that's okay so that with the home okay with the home rule 2x how much what 168 00:19:39,260 --> 00:20:16,610 is that okay anything else you include in CDW is the actual pre rebate basis so 169 00:19:59,390 --> 00:20:28,130 yes we just put that in the packet for requirement kind of wasn't good to 170 00:20:20,470 --> 00:20:34,250 update you okay works director Brown Dan village engineer 171 00:20:30,370 --> 00:20:39,440 thank you very much wanted to provide an update on Lake Charles and the study 172 00:20:36,679 --> 00:20:43,159 that we've done recently it's probably appropriate now that we're talking about 173 00:20:41,000 --> 00:20:48,500 Arbor Day to have this type of discussion I want to also put a plug in 174 00:20:45,529 --> 00:20:54,830 for John Petrillo he started a new website for us with gold green Vernon 175 00:20:51,770 --> 00:20:58,760 Hills and so it'll have a lot of links in terms of different environmental 176 00:20:56,809 --> 00:21:03,919 things that are happening within Vernon Hills but more importantly for today I 177 00:21:01,640 --> 00:21:08,570 wanted to provide an update about Lake Charles Lake Charles has been a 178 00:21:05,659 --> 00:21:12,200 discussion with the board and staff for a period of time so we thought it was 179 00:21:10,760 --> 00:21:18,010 important to do a study Burke engineering who also did the 180 00:21:14,809 --> 00:21:23,299 Foxconn study for the county has completed their study they gave us a 181 00:21:20,330 --> 00:21:28,580 draft they will be here before the board with a more formal study results but I 182 00:21:26,840 --> 00:21:35,210 wanted to give you a couple of updates in terms of specifics so really what 183 00:21:32,120 --> 00:21:41,270 we're finding is Lake Charles has a number of concerns 184 00:21:38,150 --> 00:21:46,120 it's a suburban environment there's a lot of goose population that adds 185 00:21:43,460 --> 00:21:54,440 nutrients to to the lake it's got a 3,600 acre tributary area to it and then 186 00:21:51,380 --> 00:21:59,600 what are our what are our concerns you know it does have a lot of algae blooms 187 00:21:57,260 --> 00:22:03,260 and aquatics that are growing one of the largest items is really the 188 00:22:01,040 --> 00:22:06,830 sedimentation of the lake if you look at the north end of the lake there's a 189 00:22:04,700 --> 00:22:11,660 large Delta forming and so that's something we want to address in terms of 190 00:22:09,980 --> 00:22:15,920 the study we've shared it with the Park District as the Park District maintains 191 00:22:13,700 --> 00:22:22,430 some of the lake systems within the village also so we invited them I worked 192 00:22:18,740 --> 00:22:27,440 with Kevin Beauregard and grace landing HOA gave them an advanced copy because 193 00:22:24,890 --> 00:22:34,160 they have some specific interests in Lake Charles also the irrigation system 194 00:22:29,900 --> 00:22:39,260 for Lake Charles for Craig's Parkway in Huntington there's an intake and so it's 195 00:22:37,010 --> 00:22:45,500 right in that location where sediment is occurring so essentially the board's 196 00:22:43,580 --> 00:22:51,020 about to approve the budget for this year we have some money for a number of 197 00:22:48,470 --> 00:22:56,840 different items we want to do something this year I have not asked for money 198 00:22:54,470 --> 00:23:00,490 because the study just came out so what I'm looking to do is to change some of 199 00:22:59,420 --> 00:23:05,960 the items Harvey Lake we were going to start with 200 00:23:02,870 --> 00:23:11,120 some of the improvements in Harvey Lake along the shoreline I suspect everyone 201 00:23:08,480 --> 00:23:15,650 in this room feels that addressing Lake Charles is a high priority and so we're 202 00:23:13,880 --> 00:23:20,870 not asking for a budget change there's thirty thousand dollars for that line 203 00:23:17,570 --> 00:23:24,860 item what we're what I'm asking is for support from the board to move forward 204 00:23:23,180 --> 00:23:29,780 and do some things for this coming budget year specifically what the study 205 00:23:27,740 --> 00:23:33,620 looked at is one of the largest issues that we're faced with is really the 206 00:23:31,640 --> 00:23:38,990 upstream sedimentation that's heading into the lake what does that mean that 207 00:23:35,750 --> 00:23:42,920 means that we went upstream and we looked all the way into downtown 208 00:23:40,190 --> 00:23:48,580 Mundelein and there's a number of eroding banks that are causing the 209 00:23:45,050 --> 00:23:53,509 sediment to make it into Lake Charles the cost to deal with Lake 210 00:23:51,440 --> 00:23:57,139 Charles into dredge it would be eleven point three million dollars 211 00:23:55,220 --> 00:24:01,940 no one has eleven point three million dollars to do that if we dredged it we 212 00:24:00,350 --> 00:24:07,190 still have the sediment loads coming into the lake so we need to first take 213 00:24:04,129 --> 00:24:11,330 care of the input into the lake so what we're looking to do is a couple of 214 00:24:08,899 --> 00:24:17,629 things we're gonna reach out to everyone our partners our partners being 215 00:24:13,700 --> 00:24:23,690 Mundelein Mundelein Park District County Board l dot Lakes Management 216 00:24:21,409 --> 00:24:29,899 desplaines River watershed group because we need the banks upstream to be 217 00:24:26,419 --> 00:24:33,139 stabilized to protect the lake how do you pay for that it's about ten million 218 00:24:31,639 --> 00:24:38,629 dollars to take care of all of that amongst a number of different entities 219 00:24:35,870 --> 00:24:43,610 so we put grant monies we put grants together and we work in partnership to 220 00:24:41,240 --> 00:24:47,570 try to solve that part of it short term what Vernon Hills can address and 221 00:24:45,950 --> 00:24:52,490 improve Lake Charles for this budget year is something very simple for thirty 222 00:24:50,539 --> 00:24:59,629 thousand dollars we're looking to put in an aeration system basically it's just a 223 00:24:55,840 --> 00:25:05,120 small something smaller than this in front of us it's really a cabinet that 224 00:25:02,269 --> 00:25:10,250 has compressed air goes through a 5/8 inch tubes eight different locations or 225 00:25:07,789 --> 00:25:15,190 so through the lake and we pump air out into Lake Charles have a couple of small 226 00:25:12,950 --> 00:25:20,919 little bubbler discs at the bottom improves the dissolved oxygen for the 227 00:25:17,690 --> 00:25:27,259 lake and we can get that done for about $30,000 one of the problems with the 228 00:25:24,200 --> 00:25:34,669 algae is you have the warm climate on the surface colder below and so what 229 00:25:31,190 --> 00:25:40,340 this does is doesn't allow for some time during July or August where it flips and 230 00:25:37,730 --> 00:25:47,899 all the cold moves to the surface it'll have more consistent water conditions so 231 00:25:45,529 --> 00:25:51,679 we'd like to move forward with that and then something else that my staff is 232 00:25:49,730 --> 00:25:57,350 looking to do is shift some of our labor we understand between Huntington and 233 00:25:54,919 --> 00:26:01,580 Gregg's Parkway there's some banks that we need to look at we'd like to remove 234 00:25:59,090 --> 00:26:05,270 the buckthorn and then plant some grass along the west side while we still 235 00:26:04,100 --> 00:26:10,580 protect some of the tree there so those are two things that we'd 236 00:26:08,270 --> 00:26:14,990 like to implement this year and try to improve Lake Charles and so just wanted 237 00:26:13,190 --> 00:26:20,060 to provide that report will have a larger report once Burke finishes their 238 00:26:17,990 --> 00:26:29,540 study and we expect there will be before the board within 30 days so that's all I 239 00:26:23,810 --> 00:26:32,000 have for us tonight so I wanted to thank you for spending all that time and 240 00:26:30,800 --> 00:26:35,810 effort on this I know there are a lot of people in the community that we're 241 00:26:33,170 --> 00:26:40,490 really that are can and continue to be very concerned about that so I thank you 242 00:26:37,760 --> 00:26:44,180 for that actually I put my light on to speak to that but I also had a question 243 00:26:42,590 --> 00:26:50,680 for Ann I don't know if anyone else has a question fooor go ahead I'm good 244 00:26:46,360 --> 00:26:50,680 because that isn't for the whole year 245 00:26:51,280 --> 00:27:14,180 well yeah so hopefully not yes we got that we got to go till the end of April 246 00:27:07,450 --> 00:27:27,640 right and the projection is over 13 million dollars sales tax the regular 247 00:27:24,110 --> 00:27:42,830 sales tax the projection is 11 million 30,000 and then home roll is projected 248 00:27:33,770 --> 00:27:47,570 at 2 million 136,000 ok ok I just wanted to clarify for those because there's a 249 00:27:45,170 --> 00:27:51,920 lot of people in the room yeah so I still have a question yes so I don't 250 00:27:50,450 --> 00:27:55,280 know if you're able to get us in this information but relevant to the future 251 00:27:53,810 --> 00:28:00,590 discussion I don't know if it's possible to break down what amount comes from 252 00:27:59,030 --> 00:28:05,300 mall vendors I know there's certain confidentiality aspects in play but if 253 00:28:03,740 --> 00:28:12,110 it's possible to get those numbers so the community would know how how 254 00:28:08,960 --> 00:28:19,690 significant well when we get to it it's probably gonna be I wasn't sure if that 255 00:28:15,500 --> 00:28:25,720 was where the discussion just give a pre there's gonna be mention of how much 256 00:28:21,690 --> 00:28:32,920 money goes the district 73 from the shopping mall every year 257 00:28:27,400 --> 00:28:44,440 hey so you want to take a guess what we say it it's it's Steve how much you 258 00:28:39,850 --> 00:28:48,040 could say it three billion a year the district yep 259 00:28:45,790 --> 00:28:51,850 so three million a year I just want to make sure that we'll get that we'll get 260 00:28:49,300 --> 00:29:04,150 the total numbers is that that'll be part of to preview it thank you okay 261 00:28:56,770 --> 00:29:11,050 what else well I just I just want you to reiterate one more time to dredge Lake 262 00:29:06,820 --> 00:29:17,850 Charles is 11 million flood I don't think anybody is thinking about dredging 263 00:29:14,110 --> 00:29:23,710 it unless there's a magnificent benefactor out there so we're gonna need 264 00:29:20,680 --> 00:29:29,170 to work or as best we can within reasonable dollar constraints but 11 265 00:29:26,440 --> 00:29:35,920 million it's just way out of sight for this organization to even anticipate 266 00:29:33,130 --> 00:29:45,460 doing but the good news is we have a well we put in how long 12 14 years yeah 267 00:29:42,340 --> 00:29:50,650 and that well provides water to do what in gravely it provides for the golf 268 00:29:48,700 --> 00:29:57,130 course and then there's an irrigation system that grace landing maintains in 269 00:29:54,610 --> 00:30:03,540 terms of poland water out of out of the lake also so the well helps replenish 270 00:30:00,040 --> 00:30:09,670 the water level of Lake Charles right it supports out everyone right and 271 00:30:06,730 --> 00:30:21,660 there's no charge to anybody for water it lives in Craig's land take correct 272 00:30:13,500 --> 00:30:21,660 thank you I know so good 273 00:30:24,400 --> 00:30:38,620 oh yeah you got to check the Lake County click click Jawa click jalwa good 274 00:30:35,650 --> 00:30:51,940 clarification but it could be worse as far as the okay so we'll bring will 275 00:30:48,970 --> 00:30:56,290 bring Burt back in about 30 days and then I I do have the next item if we 276 00:30:54,160 --> 00:31:02,830 wanted to move to the next one so while really just an update there is an 277 00:30:58,480 --> 00:31:11,170 ordinance in on the Omnibus agenda its ordinance 2019 - Oh 43 it's for 278 00:31:06,960 --> 00:31:17,110 Stenstrom for the fuel tank improvements a number of people in our in our 279 00:31:13,570 --> 00:31:22,780 audience our friends at Hawthorn school district 73 Vernon Hills High School 280 00:31:19,950 --> 00:31:29,410 Memorial Library countryside Fire District Vernon Hills Park District in 281 00:31:25,960 --> 00:31:33,880 one other entity we all we supply fuel for these different entities it's a 282 00:31:31,510 --> 00:31:40,750 really good relationship unfortunately right now are we we received water not 283 00:31:37,000 --> 00:31:46,840 into the fuel but into the liner tank and so we had to shut down our 284 00:31:42,340 --> 00:31:53,260 operations we're working on it very fast trying to solve it this contract is has 285 00:31:51,010 --> 00:31:57,880 been executed we talked to hold the board ahead of time and they're moving 286 00:31:55,480 --> 00:32:01,840 forward they've ordered the parts it takes two to three weeks to get the 287 00:32:00,220 --> 00:32:06,640 parts and then they will do the construction essentially they're gonna 288 00:32:04,450 --> 00:32:11,530 be digging about for up all the concrete four and a half feet deep they're gonna 289 00:32:08,950 --> 00:32:15,880 replace the manholes they're going to take care of the diesel and the unleaded 290 00:32:13,240 --> 00:32:21,940 we had a failure of some flanges that we're 1996 vintage they need help 291 00:32:19,000 --> 00:32:26,050 so my apologies to everyone who I serve in terms of providing fuel we're going 292 00:32:24,340 --> 00:32:30,220 to be down in about 30 days we're gonna get it done as quick as we can so I just 293 00:32:28,300 --> 00:32:35,110 wanted to update the board and everyone else on that we have communicated to our 294 00:32:32,920 --> 00:32:42,879 users we're gonna get it done as quick as one can but just want 295 00:32:38,039 --> 00:32:50,619 advised ordinance 2019 - old 43's on the consent agenda and I recommend approval 296 00:32:44,769 --> 00:33:04,599 of that ten thousand for unleaded five thousand for diesel well as the market 297 00:33:02,799 --> 00:33:11,200 fluctuates its a plus or minus depending on what the 298 00:33:07,539 --> 00:33:16,629 Opus standard is so what that equates to is we're able to provide fuel to our 299 00:33:13,839 --> 00:33:21,269 users for about a dollar three less than what you would buy it across the street 300 00:33:23,070 --> 00:33:33,159 that number reflects unleaded I'm not sure all our friends are paying about a 301 00:33:30,099 --> 00:33:38,019 buck and a half more a gallon at the Mobil station right now just because 302 00:33:35,139 --> 00:33:42,879 yeah we can't supply it and gas is now over three bucks a gallon yeah yes sir 303 00:33:40,719 --> 00:33:49,029 and one of the things I've reached out to gram enterprises and also working 304 00:33:45,609 --> 00:33:55,029 with Ernie's and Ernie Schell trying to find out if there's a solution that we 305 00:33:50,859 --> 00:34:00,369 can have some of the taxes abated because the local government state and 306 00:33:58,419 --> 00:34:05,460 Fed they wouldn't have to pay it if they went through us so I'm asking those 307 00:34:01,899 --> 00:34:05,460 questions hopefully I can help them out 308 00:34:12,329 --> 00:34:19,990 yes the Commissioner does the building commissioner oh yeah building 309 00:34:17,740 --> 00:34:23,919 commissioner Aikens and Home Depot outdoor garden Thank You mr. mayor I 310 00:34:22,750 --> 00:34:28,419 just wanted to point out for the board that this that the resolution approving 311 00:34:26,200 --> 00:34:31,240 their outdoor merchandise displaying sales 312 00:34:28,839 --> 00:34:35,500 permit is on the Omnibus agenda what they're proposing is what they've done 313 00:34:32,619 --> 00:34:40,659 in past years there to be a display area that's approximately 96 feet wide by 239 314 00:34:38,260 --> 00:34:45,629 feet long that would be located generally in front of the garden center 315 00:34:42,960 --> 00:34:50,200 they would display live goods their display area would be surrounded by a 316 00:34:47,740 --> 00:34:54,860 white picket fence and would remain in place from April 4 317 00:34:51,290 --> 00:34:57,590 to September 1st of this year no changes from what they've done in previous years 318 00:34:56,390 --> 00:35:03,050 I just wanted to point that out to the board that resolution is is anybody here 319 00:34:59,990 --> 00:35:09,500 from Home Depot would they like to give themselves a plug come on you if they 320 00:35:07,400 --> 00:35:16,270 come to the presentation altered let's go you guys are young you need this 321 00:35:11,900 --> 00:35:16,270 experience who's this guy 322 00:35:30,700 --> 00:35:57,310 do you have a name good and how about your partner what do you do all right 323 00:35:54,040 --> 00:36:09,470 all right the golf course needs a bartender though I and somebody to work 324 00:36:00,530 --> 00:36:19,610 the counter their moral support when are you starting when's the first yeah 325 00:36:12,410 --> 00:36:26,960 what's the first date so that's a bit presumptive every single year and I 326 00:36:25,490 --> 00:36:33,740 think it's very beneficial to the city and obviously I've worked around April 327 00:36:31,190 --> 00:36:54,430 for 11 years they're not at that store for 3 all right first night the already 328 00:36:51,410 --> 00:37:01,230 we already banned the sale of fauna so I thought we did be in dears under your 329 00:37:01,829 --> 00:37:32,109 thank you like a car we had I'm Jeff home last year we had the first annual 330 00:37:29,619 --> 00:37:35,740 Ernie's truck show and it was a great success mother nature cooperated this 331 00:37:34,480 --> 00:37:40,300 year we're going to move it up a couple weeks and it's going to be July 11th and 332 00:37:37,710 --> 00:37:44,200 last year we had the first year was about a hundred trucks and we raised 333 00:37:42,220 --> 00:37:47,770 about 1500 hours which went to the Jared Allen place for wounded warriors this 334 00:37:46,210 --> 00:37:52,329 year I think we're gonna do folds of Honor which is a charitable organization 335 00:37:50,260 --> 00:37:58,150 where they give scholarships to children who've lost or parents who've served so 336 00:37:56,020 --> 00:38:02,079 okay we're gonna actually be building a home for those guys like we did st. Jude 337 00:38:00,010 --> 00:38:07,660 a couple years ago so we try to pick a different foundation for each year so we 338 00:38:03,640 --> 00:38:13,660 kind of I can was the general contractor at the st. Jude oh that is correct what 339 00:38:11,680 --> 00:38:17,410 or they actually went to st. Jude two three hundred and twenty-five thousand 340 00:38:15,940 --> 00:38:22,240 dollars went to st. Jude and then last year we did one in Long Grove I can also 341 00:38:20,530 --> 00:38:25,859 did it and that was for the Jared L and homes for wounded warriors we haven't 342 00:38:23,710 --> 00:38:30,280 sold that but probably donate about $250,000 and we're in the process now 343 00:38:28,630 --> 00:38:33,700 starting another one which will go to the folds of Honor charitable and 344 00:38:32,589 --> 00:38:37,660 earnings has always been good enough they've been longtime friends and so 345 00:38:35,920 --> 00:38:41,559 last year we started the truck show I think they're gonna maybe work with the 346 00:38:39,309 --> 00:38:45,760 village in some capacity with the car show I think we're working through some 347 00:38:43,990 --> 00:38:48,940 of those details to self but this was just their own event that was on 348 00:38:47,140 --> 00:38:53,339 premises and it was a lot of fun so we're gonna do it again this year 349 00:38:49,930 --> 00:38:53,339 as long as it's okay with you guys 350 00:38:57,700 --> 00:39:11,900 it'll be the exact same venue place I mean we did have food we don't charge 351 00:39:02,540 --> 00:39:27,220 anything for it last year of course we'll send you all invitations as it 352 00:39:13,250 --> 00:39:27,220 gets closer to approve items a through P 353 00:39:31,570 --> 00:40:01,270 any comments or questions trustee Brown aye trustee Schulz all right 354 00:39:44,150 --> 00:40:01,270 trustee Marquardt I know a new business 355 00:40:11,080 --> 00:40:22,460 and YouTube yes tomorrow well tomorrow yeah tomorrow is the last post 1247 356 00:40:19,610 --> 00:40:26,180 American Legion bingo at the golf course right down the hill here everybody's 357 00:40:25,520 --> 00:40:31,130 invited do you know anything we asked is there 358 00:40:27,710 --> 00:40:37,370 to bring money so this will be the last one for this year and we won't start up 359 00:40:33,890 --> 00:40:45,760 again until next fall probably October if everything's still the same okay I'd 360 00:40:42,710 --> 00:40:51,170 like that a PSA along the lines of Trustees Schultz's PSAs there have there 361 00:40:48,470 --> 00:40:59,300 been a number of terrible deaths lately on the highways so including just last 362 00:40:56,450 --> 00:41:08,450 week two of our state troopers in a two day period and and the latest one was 363 00:41:04,870 --> 00:41:15,450 six days six years almost to the day of when 364 00:41:09,960 --> 00:41:21,380 our state trooper Sauter was was killed so I just want to remind everyone of 365 00:41:17,370 --> 00:41:43,260 Scots law to pull over slow down and pull up yeah and even okay 366 00:41:38,840 --> 00:41:49,490 come before the board I'm gonna you you know just say yesterday was Election Day 367 00:41:45,770 --> 00:41:55,770 and quite frankly you know there was different races that in town with school 368 00:41:53,370 --> 00:42:02,340 boards and park boards and high school boards and elementary school boards and 369 00:41:58,910 --> 00:42:07,140 obviously the village board and I'd like to congratulate everybody that 370 00:42:04,170 --> 00:42:13,290 participated whether you won or lost and it was you know it was a I think a 371 00:42:10,530 --> 00:42:19,200 positive cleanly run campaign by everybody I'm not sure there's something 372 00:42:15,450 --> 00:42:25,400 I'm missing but overall I'd say you know it wasn't unlike a bloodbath you know of 373 00:42:22,500 --> 00:42:35,190 false accusations and everything it was it wasn't bad anybody concur or no no 374 00:42:33,350 --> 00:42:41,640 well that's good right the only bad thing is nine point nine 375 00:42:37,740 --> 00:42:52,590 seven percent turnout yeah that's that's sad unfortunately it happens every every 376 00:42:48,990 --> 00:43:01,530 two years would that not maybe not next year it's historically yeah and 11 377 00:42:59,610 --> 00:43:08,600 percent for this this particular municipal and school district elections 378 00:43:05,010 --> 00:43:15,750 and Memorial I mean library election so anyway um thank you all the people came 379 00:43:11,640 --> 00:43:21,000 out and vote yeah I know you can still complain but be nice have you voted and 380 00:43:18,720 --> 00:43:29,559 then you complain all right what else their motion to 381 00:43:26,559 --> 00:43:34,450 adjourn to the board meeting going to committee at all with the we have where 382 00:43:32,619 --> 00:43:41,769 we going I got a question I got I forgot to mention something here 383 00:43:39,640 --> 00:43:49,900 a lot of my neighbors are wondering what's what's the situation with garbage 384 00:43:44,230 --> 00:43:57,279 pickup anyone out there unless it's just my neighborhood I mean they haven't 385 00:43:51,279 --> 00:44:25,900 worked up right no pick up what days were missed no I was just all of Gregg's 386 00:44:04,329 --> 00:44:31,650 landing it's just your house your next-door neighbor so no we could go 387 00:44:29,619 --> 00:44:38,349 Friday they missed NCT number four not because I had a long 388 00:44:35,470 --> 00:44:47,970 conversation with one of the people that at not so advanced disposal and and 389 00:44:43,500 --> 00:44:56,079 they're there we need to maybe revisit when is their contract up yeah I blew at 390 00:44:53,289 --> 00:45:01,029 the end of 2020 well because I I'm concerned about the fact that when 391 00:44:57,670 --> 00:45:06,670 you've got a monopoly some of their customer service could be a little 392 00:45:03,490 --> 00:45:11,170 better I'm still I'm still waiting well I'm still waiting for a callback as to 393 00:45:08,440 --> 00:45:18,250 why they missed it that Friday and that was on the 22nd of March all right so 394 00:45:14,140 --> 00:45:23,769 NCT for what's which we are fielding Muirfield Village John Petrillo you're 395 00:45:21,160 --> 00:45:28,569 the point man right yes sir I was talking to Liz she said she had 396 00:45:26,440 --> 00:45:31,869 received no complaints but I will follow up directly with them and I'll provide a 397 00:45:29,920 --> 00:45:36,640 response to the borders to Muirfield Village and NCT for the NCT 398 00:45:34,330 --> 00:45:43,210 one we've got settled because I had a meeting with gentlemen from there mr. 399 00:45:40,720 --> 00:45:47,470 Diaz who used to be a route driver so he's very good and he followed up on it 400 00:45:45,240 --> 00:45:53,770 because we had had a meeting with him before with about a year so ago when we 401 00:45:51,730 --> 00:46:00,040 had a similar problem so he took care of the NCT for once so that that's been 402 00:45:56,110 --> 00:46:06,580 taken care of if you want to bring a representative in well put it and then 403 00:46:03,970 --> 00:46:25,270 everybody can gather again when one does contract well yeah let's bring I'd still 404 00:46:23,590 --> 00:46:31,150 bring them in and let's hear let him hear everybody's great yeah yeah we do 405 00:46:28,750 --> 00:46:34,420 we do have to we do have to review it that you also have to remember that it's 406 00:46:32,650 --> 00:46:39,610 not as easy as flipping off a light switch turning on and turning on the 407 00:46:36,040 --> 00:46:44,130 other there was months of transitional issues shall we say between the two well 408 00:46:45,000 --> 00:46:58,210 they don't pick up the garbage it gets kind of right okay there's a motion to 409 00:46:55,300 --> 00:47:00,880 adjourn the board meeting after the committee the whole hearing and 410 00:46:59,650 --> 00:47:13,600 everything we got to go to closed session to discuss personnel all right 411 00:47:09,160 --> 00:47:25,390 roll call trustee Mark Bert aye trustee cook aye aye Brown aye 412 00:47:20,380 --> 00:47:27,370 trustee schultz i president i motion carries 413 00:47:26,020 --> 00:47:32,470 like to call the Committee of the Whole meeting to order the first item is 414 00:47:30,550 --> 00:47:42,120 approval of the community to hold meeting minutes of March 19th 2019 415 00:47:38,460 --> 00:47:48,560 motion motion is any comments questions deletions Corrections 416 00:47:45,339 --> 00:47:54,890 hey buddy okay roll call trustee cook aye 417 00:47:51,980 --> 00:47:58,580 trustee Marquart hi trustee schultz hi trustee Oppenheim by trustee tuck oka 418 00:47:57,680 --> 00:48:02,810 aye trustee Brown aye president Byrne i 419 00:48:01,040 --> 00:48:08,810 motion carries okay next is the request from Vernon 420 00:48:07,010 --> 00:48:14,630 Hills High School for approval of the site and landscape revisions to allow 421 00:48:10,820 --> 00:48:21,410 construction three additions at 145 North Lake View Parkway Building 422 00:48:17,540 --> 00:48:25,460 Commissioner Thank You mr. mayor I can give you a brief summary of what the 423 00:48:22,580 --> 00:48:32,480 request is tonight Vernon Hills High School is requesting approval for three 424 00:48:30,109 --> 00:48:38,210 additions that they'll be doing to their facility 425 00:48:33,260 --> 00:48:40,970 the first addition excuse me shown here there's the three additions there's one 426 00:48:39,589 --> 00:48:44,869 on the east side of the building that's indicated is a there'll be another 427 00:48:42,440 --> 00:48:49,750 addition in the courtyard that's indicated as area B and finally on the 428 00:48:47,450 --> 00:48:56,630 west side of the building is a gymnasium addition that's indicated as area C the 429 00:48:54,560 --> 00:49:01,250 renderings in front of you here show the east side addition there's a three-story 430 00:48:59,030 --> 00:49:07,670 portion that includes classrooms and then the one-story portion you see there 431 00:49:04,130 --> 00:49:12,380 is for a stem cell lab in the upper left-hand corner of this picture you'll 432 00:49:09,500 --> 00:49:19,280 see the addition in the courtyard this will serve the cafeteria staff lounge 433 00:49:15,220 --> 00:49:23,349 and similar uses such as that the other two drawings show renderings of the 434 00:49:21,890 --> 00:49:31,550 gymnasium that'll be added on to the west side of 435 00:49:26,030 --> 00:49:35,060 the building so for tonight Vernon Hills High School already has their special 436 00:49:32,750 --> 00:49:40,880 use in place so the board is just being requested to consider again the site 437 00:49:37,190 --> 00:49:45,560 plan changes in the landscape changes as well and if the Board believes that 438 00:49:43,640 --> 00:49:49,430 tonight's request is appropriate than a motion directing staff to prepare an 439 00:49:47,599 --> 00:49:54,830 ordinance approving the site plan changes and landscape changes is 440 00:49:51,140 --> 00:49:57,859 recommended subject to the conditions that are outlined in your packet and the 441 00:49:56,480 --> 00:50:01,839 entourage from Vernon High School is here to answer any 442 00:49:59,029 --> 00:50:01,839 questions that you may have 443 00:50:04,690 --> 00:50:11,690 just to clarify in addition to those three areas there's also a mechanical 444 00:50:09,680 --> 00:50:17,680 room expansion that I see on the plans that correct yes that's correct 445 00:50:17,700 --> 00:50:23,869 [Music] 446 00:50:28,869 --> 00:50:36,739 motion to approve subject to the five conditions listed in her if I'm a motion 447 00:50:35,420 --> 00:50:44,239 directing staff to prepare an ordinance what he said why if the seize this 448 00:50:41,660 --> 00:50:51,890 opportunity there anyway a high school can help in Elementary School District 449 00:50:46,190 --> 00:50:59,420 since you got such a large surplus is that it was there no yeah it's nice not 450 00:50:57,829 --> 00:51:18,410 to go to referendum you're gonna spend how much 30 million yeah 451 00:51:15,940 --> 00:51:22,969 trustee Brown aye trustee Schultz all right trustee Mark 452 00:51:20,479 --> 00:51:40,999 Burt all right trustee Takaoka aye trustee cook aye president burn no no 453 00:51:36,640 --> 00:51:45,319 your presentation all tonight now I'm using sitting where you're at during our 454 00:51:42,650 --> 00:51:49,190 board meetings so forgive me my name is dr. Prentiss Lee and I'm the 455 00:51:46,519 --> 00:51:52,969 superintendent at district 128 and we also have Jan Gilliam here a board 456 00:51:50,630 --> 00:51:56,630 president architects our juror our assistant superintendent for finance Dan 457 00:51:54,739 --> 00:52:00,949 Stanley I just want to tell you again how much we appreciate the support of 458 00:51:58,309 --> 00:52:05,539 the village and working with district 128 Vernon Hills High School through 459 00:52:03,589 --> 00:52:10,249 every level of your organization in this village we have a wonderful working 460 00:52:07,640 --> 00:52:13,849 relationship and you can see the result of that relationship and 461 00:52:11,660 --> 00:52:18,619 our kids succeed at Vernon Hills High School in Libertyville high school as 462 00:52:15,170 --> 00:52:22,520 well you know excellence doesn't happen on its own and it happens with 463 00:52:20,869 --> 00:52:26,420 partnerships and we just want to tell you how much we value the partnerships 464 00:52:24,049 --> 00:52:30,109 that we have with the village here and as always we want to build on those 465 00:52:28,339 --> 00:53:00,440 excellent working relationship so thank you very much okay you don't have to 466 00:52:58,789 --> 00:53:14,950 stay do you want to stay Debbie special free up free up some seats all 467 00:53:09,470 --> 00:53:18,799 right next is the melania fee report Thank You mr. mayor really quick just to 468 00:53:17,359 --> 00:53:26,450 remind the board this was a study that was approved as part of the fiscal year 469 00:53:22,089 --> 00:53:32,990 1819 budget we contracted with melania Fein associates to prepare a market 470 00:53:30,589 --> 00:53:37,369 strategy in redevelopment study for three particular areas the first one is 471 00:53:34,640 --> 00:53:42,140 Hawthorn mall the second one is the remaining vacant lots in the shops of 472 00:53:39,500 --> 00:53:48,740 Gregg's landing and then thirdly the darling farm so for tonight John Melania 473 00:53:46,400 --> 00:53:54,440 fee is here to review with you the first draft of the study that he's prepared 474 00:53:51,559 --> 00:54:00,380 he will then receive comments from the village board include that into what 475 00:53:57,230 --> 00:54:03,260 will ultimately be a final draft that would be posted on the village website 476 00:54:01,700 --> 00:54:07,549 for all to review so with that I'll throw it over to John who will review 477 00:54:05,660 --> 00:54:12,740 the results of his study for me before you start because you've got a lot of 478 00:54:10,369 --> 00:54:19,400 folks behind you I don't you need to really stay close to 479 00:54:15,349 --> 00:54:26,440 the mic or do we have you do we have it now a handheld microphone 480 00:54:22,600 --> 00:54:32,020 is one available well you could come over here and this I'd like to see the 481 00:54:29,200 --> 00:54:45,370 presentation so yeah to refer to but certainly okay yeah everybody could see 482 00:54:36,490 --> 00:54:48,850 the screen right thank you Bob John Melania fee president Melania Fein 483 00:54:47,020 --> 00:54:55,060 associate so we've been a consultant to the village since the early 90s and 484 00:54:51,690 --> 00:55:01,270 followed your retail base for many years and we were asked to prepare a 485 00:54:58,300 --> 00:55:07,930 comprehensive market study and store strategy analysis for Hawthorn mall the 486 00:55:05,170 --> 00:55:19,810 sites up by Gregg's Parkway as well as the sure and evaluate the president 487 00:55:14,560 --> 00:55:25,330 future retail trends thank you and really to determine the personal 488 00:55:22,360 --> 00:55:58,600 consumption expenditures and how they relate to the mall so anyway I've been 489 00:55:55,720 --> 00:56:02,920 working in retailing since 1985 we've been involved with Mall of America the 490 00:56:00,490 --> 00:56:07,360 largest retail and entertainment complex in the world currently involved with 491 00:56:04,960 --> 00:56:13,360 Northbrook Court in Northbrook Illinois the Motorola campus out in Schaumburg 492 00:56:10,650 --> 00:56:17,440 Easton Towne Center in Columbus Ohio so we do a lot of work with malls and 493 00:56:15,130 --> 00:56:22,150 retailers and so we were charged with preparing a community-wide retail market 494 00:56:20,170 --> 00:56:26,590 study and store strategy and analysis for the village and looked at personal 495 00:56:24,550 --> 00:56:30,340 consumption expenditures and we really wanted to identify the types of end 496 00:56:28,210 --> 00:56:36,130 users that would best meet market demand in the village of Vernon Hills 497 00:56:33,790 --> 00:56:42,190 we prepared a development strategy for thorn Center as well as the site's up by 498 00:56:38,470 --> 00:56:47,220 Gregg's Parkway and the darling farm we also looked at stores that are vacant or 499 00:56:44,470 --> 00:56:53,440 soon-to-be vacant in the village and what stores could potentially replace 500 00:56:50,200 --> 00:56:59,590 those and we formulate an implementation plan for that you know it's uh if you 501 00:56:56,710 --> 00:57:04,870 read the newspaper all the the headlines are about the retail apocalypse and how 502 00:57:02,650 --> 00:57:08,320 the retail Armageddon and it's you know there's a lot of headlines out there 503 00:57:06,370 --> 00:57:13,570 certainly there's been changes in retailing we had about eight thousand 504 00:57:10,930 --> 00:57:19,300 store closings in 2017 a lot of these stores were weak everyone's been waiting 505 00:57:16,720 --> 00:57:24,880 for Sears to you know for their demise and there was about 10,000 store 506 00:57:22,090 --> 00:57:30,370 closings forecast in 2018 so all these retailers have slashed their growth 507 00:57:27,220 --> 00:57:35,380 plans ecommerce is becoming so much more prevalent and represented about 513 508 00:57:33,010 --> 00:57:41,560 billion dollars in the United States in 2018 we've got an oversaturated retail 509 00:57:38,770 --> 00:57:46,570 market about 23 square feet per capita if you include all the little downtown 510 00:57:43,450 --> 00:57:50,350 areas it's about 48 square feet we've you know we've really got a changing 511 00:57:48,490 --> 00:57:56,500 consumer with Millennials they're avoiding home ownership marriage car 512 00:57:54,520 --> 00:58:00,310 ownership I mean so and you're the greatest consumers when they have 513 00:57:57,850 --> 00:58:08,050 children and they're delaying all those purchases and that's having an impact on 514 00:58:02,410 --> 00:58:12,760 retailing in 2009 we conducted a similar evaluation for the village of Vernon 515 00:58:10,480 --> 00:58:16,600 Hills and we identified several retailers that we thought there was a 516 00:58:14,560 --> 00:58:21,160 market for that would meet market demand and wheeling and they've ultimately 517 00:58:18,310 --> 00:58:24,810 located here and I have a short list I mean from Aldi to Dick's that Dave and 518 00:58:23,290 --> 00:58:30,280 Buster's home goods the movie theaters Lowe's even Menards 519 00:58:28,180 --> 00:58:37,810 we talked about relocating them way back when Maggiano's the pga superstore REI 520 00:58:34,840 --> 00:58:41,470 so you know Whole Foods and Steinhafels so our batting average was pretty good I 521 00:58:39,580 --> 00:58:45,040 mean if you looked at how much sales tax revenue those are generating now and 522 00:58:43,270 --> 00:58:49,880 their overall retail sales is pretty significant so you look at all these 523 00:58:48,730 --> 00:58:54,320 store closings retail bankruptcies around the country 524 00:58:51,950 --> 00:58:59,630 it's really uh you know it this is not germane to Vernon Hills this is a 525 00:58:57,140 --> 00:59:05,360 national trend that's going on and so obviously we had Toys R Us and 526 00:59:02,000 --> 00:59:10,520 with Carson's part of the bond tine companies and Sears as I said everyone 527 00:59:07,850 --> 00:59:16,820 was waiting for Sears to start closing stores and allow the mall owners have 528 00:59:12,710 --> 00:59:22,990 become prepared to do that so you look at all these bankruptcies and we had 529 00:59:18,590 --> 00:59:28,250 several of those stores in Vernon Hills we've got rising vacancies I mean we 530 00:59:25,820 --> 00:59:33,110 worked on Mall of America that's got 4.2 million square feet so if they have like 531 00:59:30,230 --> 00:59:38,750 5% vacancy or 10% vacancy it's significant there's some pictures here 532 00:59:35,690 --> 00:59:44,170 of Easton town center and Columbus what mall developers are trying to do today 533 00:59:40,550 --> 00:59:48,140 is bring in more entertainment and more experiential retail that people are 534 00:59:46,460 --> 00:59:53,750 gonna want to get off their couch and come out and shop and spend some time 535 00:59:50,930 --> 00:59:58,520 and things that they can't get on the Internet so I mean we've had rising 536 00:59:56,510 --> 01:00:03,440 vacancies these are the numbers for the Chicago metropolitan area we were at 537 01:00:01,520 --> 01:00:10,900 eleven point one percent in the fourth quarter of 2018 and we are up from 10.1 538 01:00:08,420 --> 01:00:16,250 percent in the fourth quarter of 2017 but it was only like eight point six 539 01:00:13,280 --> 01:00:20,210 percent in 2013 so we've had a lot of store closings but a lot of retailers 540 01:00:18,500 --> 01:00:26,480 are actually implementing omni-channel and they are maybe reducing some of 541 01:00:23,780 --> 01:00:31,220 their store counts but um even the online retailers are now adding stores 542 01:00:29,330 --> 01:00:39,650 they've realized that they have to as physical stores to and enhance their 543 01:00:34,190 --> 01:00:45,080 sales and so you look at I'm not going to talk about all these but I mean Toys 544 01:00:41,090 --> 01:00:49,760 R Us 735 stores you know 700 stores with mattress firm and so forth so you add 545 01:00:47,420 --> 01:00:54,860 all these up you know this is something that's happening all over the country 546 01:00:51,380 --> 01:00:59,360 and this is in you know the Vernon Hills isn't being Arco they're not closing the 547 01:00:57,620 --> 01:01:03,990 stores because this is in a dynamic market 548 01:01:01,290 --> 01:01:10,380 you know even target who opens stores all over the day clothes stores in 549 01:01:05,760 --> 01:01:13,530 McHenry Morgan Park all they've probably closed five or six stores you know 550 01:01:11,730 --> 01:01:18,510 Lowe's all these retailers are readjusting their store portfolios so 551 01:01:16,410 --> 01:01:23,460 when we look at Vernon Hills we conducted a driving time analysis and we 552 01:01:21,060 --> 01:01:27,750 looked at to simulate what consumers would experience when they drive and 553 01:01:25,530 --> 01:01:34,440 that assisted us in delineating the trade area for Hawthorn center and the 554 01:01:31,440 --> 01:01:40,350 other sites in the village so if you look at the primary trade area of the 555 01:01:36,950 --> 01:01:45,330 Hawthorn Center it's a five mile trade area and then extending out to seven 556 01:01:42,990 --> 01:01:52,980 miles for the total trade area and then we looked at the population resources 557 01:01:48,120 --> 01:01:58,650 and the expenditure dynamics in Vernon Hills and we put all the market support 558 01:01:56,910 --> 01:02:03,000 factors in there how what's the population density what's the households 559 01:02:01,350 --> 01:02:06,320 what's the average household income and so forth 560 01:02:03,600 --> 01:02:12,540 and then what we did from there is we because we worked in 2009 we had all the 561 01:02:09,600 --> 01:02:16,610 sales data for the community and it's very interesting to see Roger our 562 01:02:14,880 --> 01:02:23,400 evening mayor Byrne was talking about retail sales and looking at how each 563 01:02:20,430 --> 01:02:30,150 category affects the villages retail sales base and then we're up to 1.4 564 01:02:27,720 --> 01:02:34,530 billion in total sales so you look at your municipal tax and your home rule 565 01:02:32,610 --> 01:02:39,180 tax when we were talking about that earlier I could tell that it was its it 566 01:02:36,870 --> 01:02:43,530 had to be a little bit higher and the Department of Revenue just came out with 567 01:02:41,100 --> 01:02:50,430 the 2018 numbers and you guys are up to 1.5 billion in total sales so the what 568 01:02:48,030 --> 01:02:55,710 was the category we lead in was a Furniture Vernon Hills has the highest 569 01:02:53,340 --> 01:03:02,250 furniture sales and electronic sales of any municipality other than Chicago in 570 01:02:58,230 --> 01:03:06,380 the Chicago metropolitan means we're selling some mattresses absolutely 571 01:03:06,480 --> 01:03:14,520 you know with Steinhafels and all the other furniture and electronic stores in 572 01:03:11,400 --> 01:03:20,970 the community it's significant we write a report on retail sales in the metro 573 01:03:16,860 --> 01:03:28,400 area and Vernon Hills is in some of the top is at the top of some of those top 574 01:03:23,910 --> 01:03:37,440 20 communities well I mean we like for 2017 it was 649 right so you look at 575 01:03:35,520 --> 01:03:43,050 though it's it's unprecedented you have the highest but unfortunately like a lot 576 01:03:41,550 --> 01:03:48,360 of other communities your general merchandise sales have gone down from 577 01:03:44,930 --> 01:03:52,650 259 million down to 167 and that's the weakness in the Sears and Carson's and 578 01:03:50,490 --> 01:03:58,110 some of the other stores but we look really carefully at these numbers and 579 01:03:54,720 --> 01:04:01,320 how they impact the mall and and you know where are we going and what 580 01:03:59,430 --> 01:04:05,760 categories are underserved and how we can strengthen your overall retail sales 581 01:04:03,570 --> 01:04:11,820 base but you don't live in a vacuum so we we also looked at the surrounding 582 01:04:08,970 --> 01:04:18,840 communities so gurney I mean first of all Vernon Hills is a retail mecca 583 01:04:16,109 --> 01:04:23,100 they're the corner of Main and main of retailing in Lake County Illinois and so 584 01:04:22,050 --> 01:04:29,520 you look at gurney you have always for the most part lead 585 01:04:26,010 --> 01:04:35,280 gurney in sales productivity and so you look at you know what their sales in 586 01:04:32,310 --> 01:04:40,470 general merchandise were 252 million and now they're 166 million so all these 587 01:04:38,670 --> 01:04:44,640 numbers are in the report I'm not going to belabor it here tonight but we looked 588 01:04:42,990 --> 01:04:50,369 at all the categories and what's happening and particularly at the other 589 01:04:47,760 --> 01:04:54,810 malls that that compete with Hawthorn Center so you look at Northbrook or talk 590 01:04:52,770 --> 01:04:58,890 about another one that got hit pretty hard and general merchandise they were 591 01:04:56,550 --> 01:05:02,910 at a hundred and thirty million and now they're at forty five million in general 592 01:05:01,380 --> 01:05:08,730 merchandise and they plan to tear down Macy's they're gonna add three hundred 593 01:05:05,310 --> 01:05:12,990 fifteen apartment units for empty nesters divorcees and so forth they're 594 01:05:11,040 --> 01:05:18,930 gonna add a grocery store and they're gonna add a lot of retail and 595 01:05:16,340 --> 01:05:22,950 restaurants is really the strong part of their redevelopment plan as well 596 01:05:20,640 --> 01:05:31,200 to create entertainment and get people off the couch to come out and enjoy the 597 01:05:27,390 --> 01:05:35,190 mall so the we also looked at Liberty villages because it was contiguous and 598 01:05:32,970 --> 01:05:43,369 their automobile sales are very significant at 436 million what's 599 01:05:38,550 --> 01:05:49,470 interesting in 20 so Morpher absolutely absolutely and so you know these are 600 01:05:47,520 --> 01:05:53,760 really it's really interesting to get into the demand side everyone talks 601 01:05:51,300 --> 01:05:57,599 about the supply side but really this is what's really happening out there you 602 01:05:56,160 --> 01:06:02,369 know you can say all word worth you know the mall is hurting and you know we 603 01:06:00,240 --> 01:06:07,109 melody farms and what we're doing but when you look at the overall sales we're 604 01:06:04,170 --> 01:06:11,550 growing overall and the Chicago metropolitan area was up three and a 605 01:06:09,000 --> 01:06:16,250 half percent in 2018 these numbers just came out from the Department of Revenue 606 01:06:13,170 --> 01:06:24,030 and we're up over four billion dollars auto sales are up 1.4 billion so the 607 01:06:21,660 --> 01:06:29,099 next slide we did not have the benefit of the fourth-quarter data so we looked 608 01:06:26,819 --> 01:06:35,670 at the first three quarters in Vernon Hills and looked at the growth that was 609 01:06:31,589 --> 01:06:39,390 going on with those the next thing we do we look at per capita retail 610 01:06:37,290 --> 01:06:45,059 expenditures and what people are spending in each retail category and we 611 01:06:42,390 --> 01:06:51,510 forecast those for the projection years out to 2028 and this assists us in 612 01:06:49,020 --> 01:06:56,670 determining what the total retail potential is in each segment of the 613 01:06:53,970 --> 01:07:02,640 trade area sorry these are small that was so how many thousands of people 614 01:06:59,329 --> 01:07:09,920 involved there's these numbers right these are just Vernon Hill this is for 615 01:07:06,510 --> 01:07:17,119 because the the trade area goes outside takes in hot water other towns well 616 01:07:13,740 --> 01:07:17,119 let's go back to the map 617 01:07:18,450 --> 01:07:25,990 so the seven-mile trade area so I mean it goes all the way down to Buffalo 618 01:07:23,050 --> 01:07:31,720 Grove to the south and up to one week for right you know so and we had the 619 01:07:29,980 --> 01:07:36,370 benefit of actually working with Westfield Corporation the previous owner 620 01:07:34,090 --> 01:07:41,800 and they gave us all their sales by sales distribution by zip code and so we 621 01:07:39,850 --> 01:07:46,750 had the benefit as we looked at the trade area of Vernon Vernon Hills over 622 01:07:44,410 --> 01:07:50,650 the years and you know what impact your Park had on it North the court and 623 01:07:48,550 --> 01:07:56,410 others so that's a great question but certainly you don't live in a vacuum and 624 01:07:53,290 --> 01:08:01,180 so we look at the income levels in Lake Forest in some of those other areas in 625 01:07:59,020 --> 01:08:07,510 looking at per capita expect you to speak the population in the insight up 626 01:08:04,420 --> 01:08:14,430 to 7 miles how many people live with within seven miles that table is kind of 627 01:08:12,160 --> 01:08:29,170 small but it's you it's probably about 300,000 people within the trade area in 628 01:08:18,160 --> 01:08:31,740 just a moment just bear with me for a second 629 01:08:38,300 --> 01:08:45,360 one to bunny seven in the prime didn't you guys read that better I'm sorry only 630 01:08:42,960 --> 01:08:55,260 seven in the primary 133 in the secondary total is 260,000 yes thank you 631 01:08:51,830 --> 01:09:01,980 so obviously we did that further south of course the density increases so we 632 01:08:59,250 --> 01:09:06,390 prepare demographics for each segment of the trade area and just off the top of 633 01:09:03,630 --> 01:09:13,590 my head usually it's about 300,000 or in that fifth geographic area so we applied 634 01:09:10,620 --> 01:09:17,910 those per capita expenditures to the population resources within each segment 635 01:09:16,110 --> 01:09:25,350 of the trader to come up with what the total potential is in each segment of 636 01:09:21,330 --> 01:09:31,190 the trade area and so you look at each category and so there's about three 637 01:09:28,980 --> 01:09:38,610 hundred and fifty seven million in potential in the general merchandise 638 01:09:33,080 --> 01:09:42,090 category in 2018 397 million in growth but we don't get all that in Vernon 639 01:09:40,410 --> 01:09:47,490 Hills that's what's out there within the trade area we're getting about a hundred 640 01:09:44,070 --> 01:09:52,290 million in grocery right now so we we looked at this and then we prepared 641 01:09:49,920 --> 01:09:57,360 market penetration and sales volume and these all the calculations are here I'm 642 01:09:55,320 --> 01:10:03,420 not gonna time is not going to permit us to do that but we're looking at each 643 01:09:59,730 --> 01:10:09,960 retail category and we see a market for additional stores particularly in the 644 01:10:06,990 --> 01:10:16,520 eating and drinking category things that are ecommerce resistant and and if we 645 01:10:13,830 --> 01:10:28,500 could get other department stores and specialty retail stores grocery what 646 01:10:22,670 --> 01:10:33,750 this is very this is what we use to come up with the market penetration and sales 647 01:10:31,650 --> 01:10:42,380 volume yesterday did you go back to that last slide and and then what was the 648 01:10:37,440 --> 01:10:42,380 furniture sales for Vernon Hills that 649 01:10:42,740 --> 01:10:54,780 that's what I thought 2017 now go to the slide that we were just ending on okay 650 01:10:50,780 --> 01:11:01,140 that's for the trade area which is so that includes sales that aren't captured 651 01:10:57,270 --> 01:11:10,710 in Vernon Hills right what is available go back so go back one now okay okay so 652 01:11:05,520 --> 01:11:17,160 how how is the total trade area 396 for 2018 if ours is 650 well because some of 653 01:11:15,090 --> 01:11:22,710 those sales come from outside of Vernon Hills and you also have CDW and you have 654 01:11:19,920 --> 01:11:30,600 American Hotel register which generates sales in those categories yeah so you 655 01:11:28,140 --> 01:11:35,040 import sales it depends like we're comparing apples and oranges in one 656 01:11:32,610 --> 01:11:39,870 sense because we're looking at within seven miles well that some of those the 657 01:11:37,350 --> 01:11:45,120 sales at seven miles can go to gurney and go to Deer Park but this is if we 658 01:11:42,990 --> 01:11:49,860 can capture more of those sales and bring them here into Vernon Hills but if 659 01:11:47,550 --> 01:11:55,170 you look at per-capita spenders in all those communities well and and major 660 01:11:52,770 --> 01:11:59,190 furniture purchases are the kind that people will travel more than just a 661 01:11:56,760 --> 01:12:04,830 family and we're only probably allocating about eighty five percent of 662 01:12:02,250 --> 01:12:10,020 all of the customers that are generated here there's 15 percent they come from 663 01:12:07,200 --> 01:12:15,600 outside the delineator trade area people are passing through or visiting 664 01:12:11,910 --> 01:12:19,680 relatives here staying at a hotel or 85 percent comes from where within five 665 01:12:17,340 --> 01:12:23,640 miles comes within the seven mile trade area yeah but some of them but you're 666 01:12:22,350 --> 01:12:27,780 saying there's another 15 percent outside right except for except for 667 01:12:26,250 --> 01:12:33,810 certain purchases such as furniture where we get half of it from from beyond 668 01:12:31,230 --> 01:12:39,090 this right so I mean if you're gonna go to Walgreens in your 7 miles away in the 669 01:12:37,080 --> 01:12:43,050 drugstore category you're probably gonna go to the local drugstore and not travel 670 01:12:41,010 --> 01:12:47,640 all the way to Vernon Hills so even though the potential exists so that's 671 01:12:45,300 --> 01:12:51,750 what our friends that said tanning are gonna do is they're gonna try to make 672 01:12:49,530 --> 01:12:58,350 people come to the mall more frequently and enhance their market penetration in 673 01:12:54,540 --> 01:13:05,830 each one of these retail categories so you know there's a lot that goes into 674 01:13:02,320 --> 01:13:10,480 and it's all outlined very specifically in the report but so we looked at each 675 01:13:07,930 --> 01:13:21,040 category and what the penetration levels are by each retail category and and what 676 01:13:14,890 --> 01:13:29,290 we expect to capture so we're about about within the trade area about 1.2 677 01:13:23,230 --> 01:13:36,690 billion in sales and that doesn't we usually don't look at the manufacturers 678 01:13:31,240 --> 01:13:41,740 category or the agricultural category so you know if you look at all the retail 679 01:13:40,420 --> 01:13:46,360 categories from the Department of Revenue there's some that aren't germane 680 01:13:43,540 --> 01:13:50,950 to this discussion so anyway we looked at the vacant stores in Vernon Hills 681 01:13:48,160 --> 01:13:56,860 Carson Perry Scott Carson's furniture Old Navy Petco Sears Toys R Us and we 682 01:13:54,340 --> 01:14:03,220 provided a list of potential types of retailers that could be targeted to fill 683 01:14:01,000 --> 01:14:08,710 the vacant spaces so I mean there's a variety of names here I mean find our 684 01:14:06,280 --> 01:14:13,510 for example that's a very expensive deal but they are going to take the carson 685 01:14:10,690 --> 01:14:19,570 space and a Norland Square Mall in Orland Park fresh farms we knew they 686 01:14:17,530 --> 01:14:40,630 were interested in this market LA Fitness Patel brothers yes I'm gonna 687 01:14:38,050 --> 01:14:51,070 probably let the developer and all that question but it's it's very significant 688 01:14:43,930 --> 01:14:56,110 I mean millions and so though these are the trade offs and what they're gonna do 689 01:14:53,050 --> 01:15:02,050 into the sales productivity and market penetration of the mall I just bring 690 01:14:58,390 --> 01:15:06,670 them up as they are potential target you know binney's beverage 0 Harvard 691 01:15:04,240 --> 01:15:11,880 freight tools these are retailers that are active I mean if you look at Sears 692 01:15:09,300 --> 01:15:16,040 many developers are adding a multi-family residential how about after 693 01:15:14,530 --> 01:15:21,600 dark they would need satellite stores they 694 01:15:19,920 --> 01:15:28,650 really haven't I mean you look at apt this outer ones down in Moreland part 695 01:15:24,239 --> 01:15:32,040 right and they won't open any of ya didn't you talk about hypotheticals 696 01:15:30,270 --> 01:15:36,150 everyone keeps talking about Apple store what what why won't they come here and 697 01:15:34,320 --> 01:15:41,219 what would it take well they have an Apple store inside of apt so one of one 698 01:15:39,090 --> 01:15:46,199 of the issues with electronics and appliances there in this market and 699 01:15:43,080 --> 01:15:53,910 North broken Deer Park right but I'm just saying they go no no Roger went 700 01:15:51,150 --> 01:16:00,320 there looking at stores not too long ago that Apple store I like oh holy mackerel 701 01:15:56,730 --> 01:16:03,690 it was like 150 people or Warner absolutely 702 01:16:01,679 --> 01:16:09,449 you know apt probably is about a four hundred million dollar operation out of 703 01:16:05,760 --> 01:16:14,310 that one store so you know we we looked at various tenants and you know I'm 704 01:16:12,090 --> 01:16:19,560 getting it close to my 15 minutes here but so can you go back to that though 705 01:16:16,290 --> 01:16:25,770 I'm still curious what is that even a possibility yeah I think it apples one 706 01:16:23,370 --> 01:16:30,090 of our targets I mean certainly when we get to some these are for the vacant 707 01:16:28,410 --> 01:16:36,390 stores because an Apple is in a very large store right so if you're jittery 708 01:16:33,390 --> 01:16:41,520 about $1,000 a square foot or so I'm like that for the year so yeah as you 709 01:16:39,449 --> 01:16:46,500 can see here we have Apple at the top list only because it's alphabetical 710 01:16:43,440 --> 01:16:49,920 but we certainly we we would love to see Apple I mean those stores can generate 711 01:16:48,360 --> 01:16:52,620 four thousand dollars a square foot they're at they're at this top of my 712 01:16:52,290 --> 01:16:57,600 list four thousand dollars a square foot yeah 713 01:16:55,080 --> 01:17:01,890 so for the year how much we did project out it depends on the size of their 714 01:16:59,429 --> 01:17:13,920 store but I mean usually they're you know 16 million dollars but some of our 715 01:17:08,610 --> 01:17:19,380 only like 4,000 feet if that okay so you know you look at another store that 716 01:17:16,050 --> 01:17:24,690 that's incredible what most the other stores maybe do three or four hundred 717 01:17:21,390 --> 01:17:29,670 dollars a square foot so so anyway what we I'm gonna just quickly go back so 718 01:17:26,910 --> 01:17:35,970 anyway we looked at you know some of the replacements for 719 01:17:31,890 --> 01:17:40,430 your vacant stores of size this isn't forever your little store of them all so 720 01:17:37,560 --> 01:17:44,460 there's a variety stores that represent replacement tenants there's other retail 721 01:17:42,570 --> 01:17:49,830 concepts that haven't come to Chicago yet I mean they may come in the future 722 01:17:46,350 --> 01:17:54,630 so there's new concepts all the time so it's punchable go back to punch bowl 723 01:17:52,350 --> 01:18:01,440 social there are other one a year or something yeah these are the 724 01:17:59,180 --> 01:18:04,140 experiential retailers family entertainment centers I mean you look at 725 01:18:03,360 --> 01:18:12,120 Crayola experience they only have one store open 726 01:18:06,240 --> 01:18:17,430 but they opened in a Starwood property in Texas and the people were coming by 727 01:18:14,880 --> 01:18:23,820 the busloads kids just love this Creole experience it was their hotel no it's a 728 01:18:20,880 --> 01:18:35,250 our would Starwood is the name of the mall they do so you know fun topia you 729 01:18:32,730 --> 01:18:40,260 look at round one round one has taken a variety of Sears stores around they went 730 01:18:37,680 --> 01:18:43,980 to Fox Valley Mall I mean they take a lot of space there at Stratford Square 731 01:18:42,060 --> 01:18:48,570 Mall I worked on that one to Woodman's is going to take the Macy's they're 732 01:18:45,960 --> 01:18:52,260 gonna tear it down so I mean these are the main event these are family 733 01:18:50,640 --> 01:18:56,600 entertainment type things that are gonna bring people out to the mall and so they 734 01:18:54,300 --> 01:19:00,630 are you know potential candidates obviously the mall ownership will be 735 01:18:59,190 --> 01:19:11,940 talking and looking at what the economics of each one of these that's 736 01:19:06,630 --> 01:19:15,330 fun KidZania KidZania KidZania so you know we can't put everybody and their 737 01:19:13,740 --> 01:19:18,720 brother on this list because there's some I mean when they have like one or 738 01:19:17,010 --> 01:19:24,420 two stores are we gonna be able to get them you know possibly but it all comes 739 01:19:20,460 --> 01:19:29,460 down to economics yeah so so when we looked at apparel I mean with what is 740 01:19:26,940 --> 01:19:33,900 being proposed this is gonna be a dynamic property from what I've seen and 741 01:19:31,500 --> 01:19:39,930 read about what some of the plans are this is a textbook example and so some 742 01:19:38,340 --> 01:19:44,820 of these still like we haven't been able to get Tiffany but I think Tiffany is 743 01:19:42,480 --> 01:19:50,580 thing that we should strive for here as part of the redevelopment on you look at 744 01:19:47,100 --> 01:19:54,690 untuck it there a internet only retailer or they had been and now they're opening 745 01:19:52,410 --> 01:19:59,430 physical stores so you look at some of the you know like Duluth trading company 746 01:19:56,570 --> 01:20:04,470 bonobos a lot of these guys were in there not only and so I think we we can 747 01:20:02,370 --> 01:20:08,520 bring some of those here you know I talked about von Maur 748 01:20:06,450 --> 01:20:12,330 I mean Dillard's if I were dealers this would be the time I would come into the 749 01:20:10,050 --> 01:20:17,100 Chicago market they could take three out of Texas they're all over the country 750 01:20:15,239 --> 01:20:21,780 but they're not here the closest ones are um like in Indiana so why wouldn't 751 01:20:19,830 --> 01:20:25,110 you know that's and you know the other thing is that that's gonna be a decision 752 01:20:23,670 --> 01:20:31,230 that the developer is gonna have to make on economics and so forth so we have a 753 01:20:29,070 --> 01:20:37,380 list of some of the active retailers that could be you know Patel brothers 754 01:20:34,020 --> 01:20:42,500 just announced they're taking a Toys R Ross across from golf mill so I mean 755 01:20:40,230 --> 01:20:51,000 these are some of the types of retailers you know Patel brothers grocery so 756 01:20:48,140 --> 01:20:56,400 they've catered more to an Indian population primarily you look you know 757 01:20:54,360 --> 01:21:01,050 Woodman's went down to Buffalo Grove like I said they're going to Stratford 758 01:20:57,870 --> 01:21:04,440 Square Mall to take from the Macy's so these are a lot of the you know some of 759 01:21:02,640 --> 01:21:09,510 them you have already but there's others that you don't so you look at like 760 01:21:07,470 --> 01:21:13,650 Amazon's gonna open their own grocery stores you got Amazon go 761 01:21:12,000 --> 01:21:18,120 you know Earth Fair we talked about fresh farm Heinen's little is supposed 762 01:21:16,080 --> 01:21:21,989 to be coming into the market so these are you know they might not go to the 763 01:21:19,710 --> 01:21:25,320 mall but maybe you know there's a we think there's an opportunity here with 764 01:21:23,610 --> 01:21:31,200 population growth we could just put a sign and hold foods right right they 765 01:21:28,950 --> 01:21:34,650 potentially they're changing the pricing structure and everything else but they 766 01:21:33,300 --> 01:21:41,580 just announced they're gonna come up with their own new store separate from 767 01:21:37,650 --> 01:21:46,590 Whole Foods yeah so so then we have a variety of restaurants that we think 768 01:21:44,190 --> 01:21:52,350 would work well here on some of these fast casuals might work very well down 769 01:21:49,350 --> 01:21:55,079 at Gregg's Parkway and we mentioned Apple and our fan furniture and some of 770 01:21:54,540 --> 01:21:58,559 these other you know like if the mall with the 771 01:21:57,090 --> 01:22:02,550 things that are happening at the mall and our plan can we get Pottery Barn and 772 01:22:00,690 --> 01:22:13,619 Pottery Barn Kids and these type of the our age gallery Restoration Hardware you 773 01:22:05,400 --> 01:22:18,960 get those in Deer Park absolutely so you know some of the Sporting Goods guys are 774 01:22:16,590 --> 01:22:23,309 potentially and uncle Dan's and Irwin mountain Outfitters yeah so we don't 775 01:22:21,900 --> 01:22:27,840 have floor in the core we don't have harbor freight tools those are guys that 776 01:22:25,110 --> 01:22:36,389 take second generations resource it's all for fly fishers yeah men love 777 01:22:30,300 --> 01:22:41,429 fishing we talked a little bit we got ahead of it but these are a lot of the 778 01:22:38,340 --> 01:22:47,460 entertainment like level 257 that's at Punchbowl social Lucky Strike Rail some 779 01:22:45,000 --> 01:22:54,360 of these rock climbing things urban active endeavors the urban air Adventure 780 01:22:50,309 --> 01:22:59,340 Park so let's get to the mall I'm sorry that's got a little long but you know 781 01:22:57,090 --> 01:23:05,190 centennial what they're planning is textbook this is exactly what other mall 782 01:23:03,449 --> 01:23:12,059 developers around the country are doing to address the decline it was Sears and 783 01:23:09,900 --> 01:23:17,280 Carson's and so forth they're adding lifestyle additions they're adding 784 01:23:14,969 --> 01:23:22,679 residential integrated in the fabric of the coordinated streetscape design I 785 01:23:21,239 --> 01:23:27,239 mean if you ever been to Easton town center of Columbus it's fantastic 786 01:23:24,540 --> 01:23:32,610 creates the main streets of the past and they're public/private partnerships with 787 01:23:29,969 --> 01:23:39,540 the communities I mean let's face it the mall got built in 1972 it's been 788 01:23:35,820 --> 01:23:43,349 generating tax since 73 you know I mentioned Northbrook Court I think a 789 01:23:41,280 --> 01:23:50,130 hotel would be great to integrate into the project actually a hotel real estate 790 01:23:47,520 --> 01:23:54,900 director contacted me and wants to be in this project 791 01:23:50,969 --> 01:24:00,420 Simon's adding 15 Marriott hotels and so forth so I think they could really add 792 01:23:57,510 --> 01:24:04,739 to the dynamics of the complex and provide customers and what do people do 793 01:24:03,210 --> 01:24:10,170 when they stay at a hotel they go shopping dining and entertainment 794 01:24:07,460 --> 01:24:15,030 the Macy's outlets this makes a lot of sense to me three outlets along you know 795 01:24:12,630 --> 01:24:19,159 Milwaukee excuse me a long time line road and they can generate sales of five 796 01:24:17,639 --> 01:24:24,239 hundred bucks a foot obviously the ring role would have to be 797 01:24:21,960 --> 01:24:29,010 realigned but that makes a lot of sense to me the outlets along Milwaukee Avenue 798 01:24:27,060 --> 01:24:33,510 again same things restaurants generate about five hundred 799 01:24:30,929 --> 01:24:37,530 dollars a square foot versus retail I mean this parking isn't really doing a 800 01:24:35,250 --> 01:24:41,010 whole lot it's new sales tax revenue it's new property tax revenue to the 801 01:24:39,300 --> 01:24:45,810 other taxing bodies because you don't have a property tax but there's a really 802 01:24:43,590 --> 01:24:51,989 an oversupply of parking and that could be converted to productive use on the 803 01:24:48,690 --> 01:24:58,770 outlets along Gregg's Parkway there we envision like a Salah doc Cafe Zubaz 804 01:24:56,370 --> 01:25:03,929 bone of beef is very active the market Andy's frozen custard the learning 805 01:25:01,290 --> 01:25:12,179 experience isn't cafes yuppies already going in across the street melody farm 806 01:25:09,780 --> 01:25:19,440 yeah hey there's a market forum we got them I don't think we need to okay so 807 01:25:15,960 --> 01:25:23,730 will scratch that one but you know born a beef you don't have an Andes frozen 808 01:25:21,179 --> 01:25:28,380 custard you don't have and so we've we have had a lot of see store interest 809 01:25:26,100 --> 01:25:33,690 it's not something that is very appealing select or meaning convenience 810 01:25:31,409 --> 01:25:38,280 store and gas station yeah but you look at those and we know that there's 811 01:25:35,219 --> 01:25:43,139 interest in the market but they're not most communities don't they say oh we 812 01:25:41,010 --> 01:25:47,580 want to go after a convenience or gas station but some of them generate eleven 813 01:25:45,210 --> 01:25:52,409 million dollars in sales so you could put a Walgreens there for like six 814 01:25:49,050 --> 01:25:55,920 million in sales or you could put a see store gas station where they have 815 01:25:54,090 --> 01:26:02,940 puppies right we have Bucky's right across the street right 816 01:25:58,550 --> 01:26:09,630 so this for Gregg's okay what is that okay okay and 711 right now are going 817 01:26:07,409 --> 01:26:15,540 all over the metro area adding new facility so you know isn't circle-k a 818 01:26:12,960 --> 01:26:20,429 lot with the redevelopment of some of the shelves right yes so there there 819 01:26:19,949 --> 01:26:27,600 there expanding the c-store the convenience 820 01:26:22,620 --> 01:26:31,650 store and so it's not sexy but it's they generate a lot of revenue and there is a 821 01:26:29,640 --> 01:26:37,320 market for whether the board wants something like that it was up to them so 822 01:26:33,780 --> 01:26:40,590 anyway I mentioned in conclusion sales are up three and a half percent in the 823 01:26:38,489 --> 01:26:46,699 metro area imagine automobile dealers there and gas stations up five and a 824 01:26:42,870 --> 01:26:53,520 half percent things are in growing general merchandise has been week so 825 01:26:49,980 --> 01:26:57,239 here are the actual sales for 2018 these were actually weren't even in the report 826 01:26:55,290 --> 01:27:02,040 this just came out and so I thought you'd be interested to see this include 827 01:26:59,460 --> 01:27:11,520 the collar counties and everything this is for the this is for the Chicago 828 01:27:08,699 --> 01:27:18,570 metropolitan area okay cane Lake McHenry will cacao so we're up four point three 829 01:27:16,260 --> 01:27:26,219 billion or three and a half percent so despite all these headlines about retail 830 01:27:21,540 --> 01:27:31,590 is dying this is the fact and so I think the mall is the crown jewel everyone 831 01:27:29,520 --> 01:27:36,510 that owns a mall is addressing this Sears Carson's issue it's kind of invest 832 01:27:34,320 --> 01:27:41,670 now or pay later we've had malls that aren't coming back and it's gonna take a 833 01:27:39,420 --> 01:27:47,790 partnership I think you got to implement a mixed-use redevelopment strategy and 834 01:27:44,790 --> 01:27:53,010 why shouldn't reenters the is that doing better now the Main Street has been a 835 01:27:50,190 --> 01:27:57,810 disaster well the smaller stores in the middle but I mean it's really a big box 836 01:27:54,780 --> 01:28:02,190 redevelopment with Costco Home Depot on the pad yeah they took a bunch of 837 01:27:59,610 --> 01:28:07,890 retailers from Arlington Heights Sports Authority which then closed Petsmart but 838 01:28:05,610 --> 01:28:13,679 so it really is it I don't think that's what we're proposing more of a town 839 01:28:09,750 --> 01:28:17,670 center here in and I think that we already have your big-box concentration 840 01:28:16,020 --> 01:28:22,880 and some of the surrounding shopping centers so this is going to be more of a 841 01:28:19,350 --> 01:28:29,670 town center with apartments retail restaurants hotel entertainment to 842 01:28:26,820 --> 01:28:33,329 create a 18-hour environment where people want to live and spend time live 843 01:28:31,949 --> 01:28:38,820 work play environment and you know we really need to add 844 01:28:35,969 --> 01:28:43,949 unique values and I think what I've seen at least from some of the preliminary 845 01:28:41,489 --> 01:28:50,969 plans proposed by the developer that it's you know the mall is key to the 846 01:28:47,790 --> 01:28:56,130 long-term viability of the of the villages retail base we've got a look at 847 01:28:53,820 --> 01:28:59,849 the possibility of adding on major anchors if it isn't today maybe it's 848 01:28:58,020 --> 01:29:04,590 tomorrow I mean my hope is that someday we're gonna have a Nordstrom at 849 01:29:01,290 --> 01:29:07,860 Hawthorne mall and it's an expensive deal but at some point they're gonna 850 01:29:07,020 --> 01:29:11,130 want to be here if if this plan is implemented its we're 851 01:29:10,079 --> 01:29:14,940 gonna create a really dynamic environment that they're gonna want to 852 01:29:12,719 --> 01:29:22,409 be at and we're gonna add ecommerce resistant uses and you know I think that 853 01:29:18,750 --> 01:29:26,429 you what they're proposing is a textbook example of what developers are doing 854 01:29:24,719 --> 01:29:32,280 today and they've actually taken out the playbook and how to redevelop this 855 01:29:29,030 --> 01:29:38,309 complex successfully quick question for you because you you've addressed a 856 01:29:36,389 --> 01:29:41,940 number of the questions I had but one question I had for you was I mean just 857 01:29:40,170 --> 01:29:47,699 it's funny because a few years ago when Dominic's left we were bereft of grocery 858 01:29:44,849 --> 01:29:53,820 stores and now as they're talking about at least based on the press release the 859 01:29:49,980 --> 01:29:59,489 potential for one year there are already seven grocery stores within about a mile 860 01:29:56,369 --> 01:30:05,309 and a quarter of the mall now and I just wondered if because I know that that car 861 01:30:03,000 --> 01:30:09,300 dealerships and and I know building near your competitor I mean Dave Thomas 862 01:30:07,380 --> 01:30:13,230 proved that was the way to go everybody thought he was nuts when he said find a 863 01:30:11,400 --> 01:30:15,570 McDonalds and build the Wendy's as close as you can and everybody said what are 864 01:30:15,000 --> 01:30:21,599 you nuts but he was right is that is that still 865 01:30:19,889 --> 01:30:26,190 viable I mean because it is a total of seven now I mean and we had nothing and 866 01:30:23,909 --> 01:30:30,590 now but you were doing 32 million dollars in grocery sales we recommended 867 01:30:28,440 --> 01:30:34,679 Whole Foods and Aldi and ranked omarion's and that's why I'm asking 868 01:30:32,639 --> 01:30:39,300 would an eighth one within that range still be viable we believe it would be 869 01:30:37,679 --> 01:30:44,249 because it's going to be a different type of grocer like if we polled this 870 01:30:42,329 --> 01:30:50,190 room about where you for groceries we're gonna get a multiple 871 01:30:46,860 --> 01:30:55,050 of answers and so you go maybe go more right I'm in here here here's the store 872 01:30:53,280 --> 01:30:59,429 that I absolutely gross er E store - absolutely would kill it here it's 873 01:30:56,699 --> 01:31:03,150 either a super H Mart it's these it's a Korean store where they have restaurants 874 01:31:01,079 --> 01:31:09,479 within it but there's also a store called mitsuo in Schaumburg you you go 875 01:31:06,510 --> 01:31:16,349 there on a Saturday and it is jam-packed I mean they're the shelves get cleaned 876 01:31:12,300 --> 01:31:20,369 up Japanese grocery store but it is it's a mix it's not just Japanese just Asians 877 01:31:18,389 --> 01:31:25,110 in there but we also have a big Asian population and in Vernon Hills alone 878 01:31:22,349 --> 01:31:28,739 it's 12.2% but if you even go out to the seven you know the seven mile radius 879 01:31:27,210 --> 01:31:32,909 yeah there's a lot of Asians and I know my mother lives in Buffalo Grove she 880 01:31:30,510 --> 01:31:37,050 goes to Mitsuo every two weeks she has to drive all the way you know in golf in 881 01:31:34,590 --> 01:31:40,860 Algonquin they open in small I'm super it's a super H Mart but the H Mart at 882 01:31:39,059 --> 01:31:43,829 Sanders and walk you have Anu they opened a small huge 883 01:31:42,150 --> 01:31:49,590 so there's your grocery store that absolutely I believe would kill ya 884 01:31:45,389 --> 01:31:59,460 that's why I wanted a but it's an Asian store specifically brothers what is it 885 01:31:55,139 --> 01:32:03,659 Patel brothers they're taking the Asian grocery store been there a long time 886 01:32:01,979 --> 01:32:14,309 right there and because of rolling battles right around it and there it's 887 01:32:12,119 --> 01:32:18,119 an authentic Japanese marketplace and there's only like ten of them around the 888 01:32:15,780 --> 01:32:23,789 country so they draw from us very wide trade areas you just articulated so they 889 01:32:21,090 --> 01:32:29,909 haven't opened any other locations but H Mart has and I believe we had H bar on 890 01:32:27,239 --> 01:32:35,309 the list as a possibility okay John people do go to multiple right I've 891 01:32:33,570 --> 01:32:38,610 taken my wife shopping on a number of occasions and we hit at least several of 892 01:32:37,440 --> 01:32:44,070 those seven yeah right I mean there are no loyalty can you go 893 01:32:41,550 --> 01:32:51,300 back to the slide before the short term strategy one more there we go don't mean 894 01:32:48,979 --> 01:32:56,570 no no no that's right that's right so what area this is all of Metro 895 01:32:54,300 --> 01:33:03,380 Chicago Chicago yes socha cago I can go up to the Vernon 896 01:32:59,810 --> 01:33:08,570 Hills table too but that is for 2017 but this is include this includes Vernon 897 01:33:05,119 --> 01:33:15,820 Hills yes so how how is furniture 158 million that's how much it went up in 898 01:33:11,300 --> 01:33:21,590 the metropolitan area in the year 2018 that's the oh okay the slide doesn't say 899 01:33:18,980 --> 01:33:26,179 that doesn't say it doesn't say increase by a hundred fifty eight million just 900 01:33:23,060 --> 01:33:32,480 says that's my point how could we be I just want to make sure 901 01:33:28,369 --> 01:33:36,949 that the 649 is wrong for the metropolitan area so the Madison area 902 01:33:34,489 --> 01:33:43,190 increased by four point increase in and up three and a half percent I just threw 903 01:33:40,159 --> 01:33:48,800 these in like last week because the data just was published by the Department of 904 01:33:45,619 --> 01:33:59,210 Revenue okay just to clarify sure that's a great question I'm confusing the guys 905 01:33:53,000 --> 01:34:10,989 I want to answer all your questions here from now is the real estate when will be 906 01:34:06,949 --> 01:34:10,989 beginning the formal full report for me 907 01:34:16,420 --> 01:34:30,050 you got the report okay we use me provided a draft so as we said we would 908 01:34:26,449 --> 01:34:36,829 and we will finalize that report okay and work with staff to do so 909 01:34:33,340 --> 01:34:43,219 understanding marks John you can answer remark we're going to put the melania 910 01:34:39,050 --> 01:34:48,099 fee study on the website at the earliest possible time so it might be another two 911 01:34:45,889 --> 01:34:48,099 weeks 912 01:34:48,610 --> 01:34:57,230 did you look specifically at lumber building hardware and how much it's 913 01:34:54,409 --> 01:34:59,409 increased since Menards came in I'm just curious 914 01:34:59,560 --> 01:35:06,369 those sales are part but it's only a partial year yeah so 915 01:35:07,310 --> 01:35:19,470 there definitely has been a in Korea that's 17 do you know you'll have 916 01:35:15,810 --> 01:35:24,030 anything even teen I didn't okay yeah I did it for the matter they weren't out 917 01:35:20,880 --> 01:35:29,240 for the vigil community what you know I know he made certain predictions before 918 01:35:26,070 --> 01:35:37,320 it I just wanted I'm just curious know I approved it was based on sales of twenty 919 01:35:34,950 --> 01:35:43,320 five million dollars right first year - did 60 million right you know it's six 920 01:35:40,170 --> 01:35:51,090 hundred thousand a year to us yeah I'm just curious you know how much how much 921 01:35:45,060 --> 01:36:00,090 words yeah I'm just curious sixty million alone and how much I understand 922 01:35:57,690 --> 01:36:19,790 with the three store sometimes they can be eighty or ninety real bad you guys 923 01:36:03,300 --> 01:36:30,150 wanted it real bad I get it thank you those hand mics do not work at all he 924 01:36:26,130 --> 01:36:33,900 just does like yeah speaking of there's two on my block that you need to take a 925 01:36:31,950 --> 01:36:46,160 look at he'll go out there with this charger ready for the next we're ready 926 01:36:41,640 --> 01:37:01,230 yeah say we have to take a break anybody should have to go to the 927 01:36:48,270 --> 01:37:05,210 bathroom should we as we open it and then we can get back 928 01:37:08,020 --> 01:37:21,170 let's do it we invite him up yeah no time like the present guys so do you 929 01:37:17,600 --> 01:37:31,220 really need your lawyer tonight just like paying him free help Frank and I 930 01:37:26,890 --> 01:37:38,350 history good history going all the way back to when we were kind of yous 1988 931 01:37:38,380 --> 01:37:48,680 you know we finally in you say we 1989 yeah I know because you okay yeah it's 932 01:37:48,080 --> 01:37:53,930 great okay anyway he worked on the annexation 933 01:37:51,560 --> 01:38:00,700 to hold kunio property where I'm sure some of the people in his room live yeah 934 01:37:56,710 --> 01:38:06,710 and yeah there was those special times every year was a lot of work but it was 935 01:38:03,050 --> 01:38:10,100 worth it okay all right good evening my name is Oliver Robinson I'm a 936 01:38:07,910 --> 01:38:14,330 centennial real estate company and we have in Hawthorn mall I'm gonna first 937 01:38:12,320 --> 01:38:18,740 introduce our CEO and president Steven Levin who is not good at 938 01:38:16,850 --> 01:38:23,990 following scripts but he's much more interesting than I am so give the big 939 01:38:22,280 --> 01:38:35,060 picture and then we'll run through some of this microphone so the folks at home 940 01:38:30,080 --> 01:38:41,930 be able to hear okay I would I'll do that as best I can I prefer to to look 941 01:38:38,000 --> 01:38:47,210 around but surviving I apologize if I'm not looking your direction but I'm 942 01:38:45,260 --> 01:38:54,590 really speaking to everybody in the room so as Oliver said my name is Stephen 943 01:38:51,290 --> 01:39:01,750 Levin founder CEO of Centennial real estate we're here tonight one we 944 01:38:57,890 --> 01:39:13,240 appreciate the opportunity to be here to unveil to you what we believe is one of 945 01:39:08,360 --> 01:39:20,460 the most exciting dynamic engaging immersive destinations that will be 946 01:39:18,170 --> 01:39:23,820 created and exist in the Chicagoland area for the next 30 947 01:39:23,250 --> 01:39:30,090 years and we're committed we are committed 948 01:39:27,420 --> 01:39:35,360 Centennial and our partner is USAA real estate in USA insurance company 949 01:39:32,460 --> 01:39:44,190 insurance company to the military a phenomenal company we are here to show 950 01:39:40,320 --> 01:39:50,910 you what we are committed to deliver to the community to the village of Vernon 951 01:39:45,989 --> 01:39:57,080 Hills three and a half years ago we made an investment with our purchase of 952 01:39:54,739 --> 01:40:04,020 Hawthorne mall we own the mall but the mall belongs to 953 01:40:01,380 --> 01:40:10,670 the village of Vernon Hills that's the way we look at it this mall belongs to 954 01:40:06,300 --> 01:40:10,670 the community and everything we're doing 955 01:40:15,170 --> 01:40:24,960 it's like American Idol it hold it really close to you have to hold it okay 956 01:40:19,370 --> 01:40:36,270 Wow I'm not used to doing that okay so as I was saying everything we're doing 957 01:40:30,170 --> 01:40:44,130 is based upon what we believe is the right vision for this project that will 958 01:40:41,400 --> 01:40:51,210 enrich the lives of the village of Vernon Hills residents we are based in 959 01:40:48,960 --> 01:40:55,920 Dallas but every project we do we are focused on the community that's how you 960 01:40:54,810 --> 01:41:02,280 make it successful it can only be successful if you embrace 961 01:40:59,790 --> 01:41:07,710 it if the people that live in this community embrace it it won't be 962 01:41:04,620 --> 01:41:19,620 successful otherwise and so well John was John was was great and and and I 963 01:41:15,570 --> 01:41:25,380 appreciate everything he said but but was very good about the the comment 964 01:41:22,350 --> 01:41:30,450 about the textbook approach to this I think what I want to say and what I want 965 01:41:27,870 --> 01:41:37,590 to convey to everyone is that yes there is a textbook approach 966 01:41:33,180 --> 01:41:42,660 but our approach is what's right for this community and what's right for this 967 01:41:39,210 --> 01:41:48,570 mall specifically it's not just about what the textbook says you're supposed 968 01:41:44,580 --> 01:41:56,580 to do it's what it's what it's gonna work best here to give you just a tiny 969 01:41:52,170 --> 01:42:02,700 bit of background we Centennial I grew up in retailing so I come at the real 970 01:42:00,570 --> 01:42:09,690 estate business we're not just we're not a typical developer we're an owner of 971 01:42:06,660 --> 01:42:13,260 great retail projects because I grew up in retail I was 972 01:42:11,160 --> 01:42:20,960 I owned a retail company that had 60 stores in the southwest and 30 were in 973 01:42:15,930 --> 01:42:29,040 malls and we come at this from being from a business that is based on 974 01:42:25,440 --> 01:42:34,860 engaging customers and and creating experiences for people and for customers 975 01:42:32,160 --> 01:42:43,410 so while Oliver's going to walk through a presentation our vision is to create 976 01:42:37,830 --> 01:42:51,450 this dynamic destination that is the place for the people that live in this 977 01:42:48,330 --> 01:43:01,650 community to take their kids to take their grandkids for Millennials for 978 01:42:56,660 --> 01:43:05,640 school-aged kids to experience to do the things that they do in life to 979 01:43:03,690 --> 01:43:09,810 experience life everyone talks about as John mentioned everybody talks about 980 01:43:06,660 --> 01:43:15,150 e-commerce and the internet and that's not what we are if you if you buy your 981 01:43:12,510 --> 01:43:19,710 dog food or you shop buy toilet paper or whatever you do to shop online that's 982 01:43:16,950 --> 01:43:27,300 great but that's not what this is gonna be this is this is what you do in life 983 01:43:23,720 --> 01:43:30,330 when you leave your house this is this is your social interaction this is 984 01:43:29,490 --> 01:43:37,350 entertainment this is recreational this is this is 985 01:43:35,070 --> 01:43:45,030 living this is all about living your life and so the context of all of this 986 01:43:41,130 --> 01:43:49,170 project is based upon the fact first of all that we're a long term owned 987 01:43:46,710 --> 01:43:54,420 we're not developing a project to sell it we're not here to kind of come in we 988 01:43:52,590 --> 01:43:59,219 made a several hundred million dollar investment in this community and we're 989 01:43:57,060 --> 01:44:06,660 gonna make a several hundred million dollar more investment in this community 990 01:44:02,010 --> 01:44:12,739 and that is going to take us a very long time to make sense of financially it 991 01:44:10,110 --> 01:44:19,800 will not make sense for many many years because we're investing now for the 992 01:44:16,920 --> 01:44:26,100 future John talked about a lot of tenants nordstrom von Maur all these 993 01:44:22,170 --> 01:44:32,880 tenants those are great thoughts but they won't come to this mall today they 994 01:44:29,790 --> 01:44:40,230 will not come here today they will only come here Apple is a pipe dream until we 995 01:44:37,860 --> 01:44:46,050 do what we're going to do then we have a fighting chance if we do what we're 996 01:44:42,810 --> 01:44:53,130 going to do and make this one of the most dominant and exciting properties 997 01:44:50,040 --> 01:44:59,400 and destinations and gathering places to go for all of you and all of you for the 998 01:44:57,540 --> 01:45:05,550 next 30 years and for your kids for your grandkids for your friends when they 999 01:45:01,020 --> 01:45:11,160 come to town then we have a chance to get Apple and to get Nordstrom and to 1000 01:45:08,100 --> 01:45:18,870 get Von Maur and to get the tenants and the restaurants and the businesses and 1001 01:45:15,690 --> 01:45:24,000 the entertainment facilities the the kinds of things that will resonate with 1002 01:45:21,510 --> 01:45:32,790 you that that you want and one thing about us that I I want to I want to make 1003 01:45:28,530 --> 01:45:37,890 this point we are somewhat unique we're we're fortunate with us a being our 1004 01:45:35,460 --> 01:45:47,310 partner we're a long long long long term and the benefit to that is twofold we're 1005 01:45:44,670 --> 01:45:51,510 making a very big investment that financially makes no sense for us to 1006 01:45:49,260 --> 01:45:57,780 make unless we own it for a very long time and so very few people can do that 1007 01:45:55,410 --> 01:46:03,000 we're very lucky to be able to have a partner like them that will in 1008 01:46:00,040 --> 01:46:07,750 for the future otherwise you can't do it that's why many of the malls won't 1009 01:46:05,380 --> 01:46:13,450 survive because there's no one to make the investment that we're willing to 1010 01:46:09,790 --> 01:46:20,230 make and this mall has lost fifty million dollars in sales since we bought 1011 01:46:15,460 --> 01:46:26,650 it and it's going down every day and the tax revenue is dropping every day that 1012 01:46:24,460 --> 01:46:34,210 impacts the city tremendously but it impacts the community because this is 1013 01:46:29,890 --> 01:46:40,270 not the mall that causes people to get up and say I want to go to Hawthorne 1014 01:46:36,060 --> 01:46:45,820 like I did growing up I live three miles from a mall in Dallas and we got up on 1015 01:46:43,920 --> 01:46:49,990 Saturday and says let's go the mall wasn't because there needed a pair of 1016 01:46:47,980 --> 01:46:54,730 jeans it was because that was where we wanted to go and hang out and do things 1017 01:46:52,420 --> 01:47:00,190 well that's what we're gonna do we're gonna bring this to a place where you're 1018 01:46:57,910 --> 01:47:09,430 gonna get up and say not just on Saturdays but nights weekends let's go 1019 01:47:03,520 --> 01:47:14,970 to Hawthorne because there's open air plazas with restaurants choices of 1020 01:47:12,370 --> 01:47:20,440 restaurants there's music there's art there's any number of things we would 1021 01:47:18,040 --> 01:47:23,020 like to do and we don't even know what we want to do we don't know what 1022 01:47:21,430 --> 01:47:30,010 restaurant want to go to but we're gonna go because it's it's the place that we 1023 01:47:26,260 --> 01:47:38,680 can enjoy ourselves and we can find the things that we do want to do and and to 1024 01:47:34,990 --> 01:47:44,230 do that though going back to my second point about being a long-term owner is 1025 01:47:41,290 --> 01:47:53,110 that we have to make the right choices and we're not making fast choices today 1026 01:47:50,310 --> 01:47:57,550 that's hard to do it's hard to not fill it up with crap and fill it up with just 1027 01:47:55,420 --> 01:48:03,400 the wrong people the wrong tenants the wrong that's the easy thing to do to 1028 01:48:00,610 --> 01:48:07,780 just put income in there but it's not the right thing to do to develop the 1029 01:48:05,440 --> 01:48:13,270 kind of vision we want to create for the long term and we're able to do that 1030 01:48:11,170 --> 01:48:16,030 we've lost the third of our income since we 1031 01:48:13,510 --> 01:48:28,960 bought them all a third of our income since we bought them all and I mean how 1032 01:48:23,050 --> 01:48:34,870 many people will not only bail out not bail out but say I'm gonna invest 1033 01:48:32,230 --> 01:48:41,910 several hundred million dollars to make this one of the and I'm serious I I know 1034 01:48:38,230 --> 01:48:50,200 you don't know me but I'm very serious this is going to be one of the most 1035 01:48:44,890 --> 01:48:55,810 dominant exciting energy driven engaging places in the Chicagoland area that's 1036 01:48:53,890 --> 01:49:00,580 our commitment to you that's our commitment to the community I know 1037 01:48:57,970 --> 01:49:05,320 there's people that say I don't want I don't where the residential strikes a 1038 01:49:03,250 --> 01:49:13,260 chord with some people that we're gonna bring at school kids or some issue about 1039 01:49:08,080 --> 01:49:17,950 having kids that may impact the schools first of all those aren't the apartments 1040 01:49:16,390 --> 01:49:23,410 were building we're not building apartments for families with children 1041 01:49:19,270 --> 01:49:28,660 that that's I understand that comment I understand that point but we're not 1042 01:49:26,710 --> 01:49:34,780 building those apartments when you're building micro units and small 850 1043 01:49:33,040 --> 01:49:39,810 square foot apartments for Millennials and for young people before they ever 1044 01:49:37,990 --> 01:49:45,040 have children that's not for families and so we 1045 01:49:43,120 --> 01:49:51,220 recognize the issue but we're not building those kinds of apartments the 1046 01:49:49,000 --> 01:50:00,040 apartments though are a factor in creating this entire project that is a 1047 01:49:56,320 --> 01:50:07,870 very integrated project that creates this destination it's not it's small 1048 01:50:03,610 --> 01:50:13,030 compared to the 450 million dollars we're gonna have invested in this thing 1049 01:50:09,370 --> 01:50:19,180 it's a small part of it but it's a meaningful part for the viability of the 1050 01:50:16,150 --> 01:50:24,460 mall is the centerpiece the mall is the centerpiece we have to make it 1051 01:50:21,100 --> 01:50:29,320 successful everything we're doing is to make it successful 1052 01:50:26,590 --> 01:50:32,440 pure and simple that's what we're doing we want this to be something you're 1053 01:50:31,600 --> 01:50:38,980 proud of we want it to be something that the 1054 01:50:35,590 --> 01:50:45,310 community that the village is proud of that people that live here are proud of 1055 01:50:41,740 --> 01:50:51,490 and want to go to all the time that's what's gonna make us successful and 1056 01:50:47,500 --> 01:51:01,180 that's what we are that's what this shows this is a long-term plan this 1057 01:50:56,590 --> 01:51:05,170 doesn't happen overnight and the last thing I'll say and I'm sorry for for 1058 01:51:03,550 --> 01:51:11,950 going on and on and on I know it's late but but we're very passionate about this 1059 01:51:10,030 --> 01:51:20,410 and I could I could stand up here quite frankly for quite some time we're very 1060 01:51:16,270 --> 01:51:26,890 very passionate about this project and I can't wait to come back and stand up 1061 01:51:23,800 --> 01:51:33,390 here with the mayor and open this project and show you and announce what 1062 01:51:31,030 --> 01:51:44,500 we've done and what this is going to be and I will come back for that but we 1063 01:51:39,010 --> 01:51:47,800 need the community support we're we're investing a tremendous amount and we've 1064 01:51:46,180 --> 01:51:51,490 already made a big investment in the community and we're okay with that we 1065 01:51:50,890 --> 01:51:56,890 made it when Sears closed we bought their 1066 01:51:54,160 --> 01:52:00,700 building we bought their building because if we didn't control it we 1067 01:51:59,710 --> 01:52:07,750 couldn't do this somebody could buy that and come in and 1068 01:52:04,170 --> 01:52:12,970 crap up the mall do something that is totally contrary to what we're 1069 01:52:09,580 --> 01:52:19,360 describing when Carson's closed we bought that we made two additional 1070 01:52:16,600 --> 01:52:26,980 commitments of millions and millions of dollars to control the real estate so we 1071 01:52:21,850 --> 01:52:34,420 can execute this strategy and look we hope Macy's and Penny's never go away 1072 01:52:29,820 --> 01:52:38,230 but we have to be prepared that this is a project over time this is we're doing 1073 01:52:36,460 --> 01:52:42,460 something for the next 30 years for this community and 1074 01:52:39,880 --> 01:52:47,770 we want to hear from you we put up in the mall aboard a chalkboard that says 1075 01:52:44,350 --> 01:52:51,550 tell us who you want here we want it to be what you want we can't promise you we 1076 01:52:49,690 --> 01:52:55,750 can go out and get Apple and get Nordstrom and get these tenants but we 1077 01:52:53,740 --> 01:52:59,260 want to know and we want to try and we're gonna try and we're gonna do 1078 01:52:57,730 --> 01:53:05,800 everything we can it's going to take us time to get there 1079 01:53:01,630 --> 01:53:13,110 but we are we are committed to do this and we are genuinely passionate about 1080 01:53:09,370 --> 01:53:20,350 making it happen for the community and for the village of Vernon Hills so we're 1081 01:53:17,770 --> 01:53:27,690 we're here we're gonna walk through the presentation we're always available to 1082 01:53:25,270 --> 01:53:33,970 come back and talk to sit down and listen to what you have to say we're 1083 01:53:31,990 --> 01:53:38,740 happy to do it I honestly I will tell you I'm happy to come up here happy to 1084 01:53:35,860 --> 01:53:43,990 sit down and and talk about it and tell you what what we're doing we want your 1085 01:53:41,080 --> 01:53:48,790 input because again how I started it's your mom it's your project and we're 1086 01:53:47,650 --> 01:53:52,300 just trying to make it something that you're proud of and that you want to go 1087 01:53:50,260 --> 01:53:59,110 to because that's ultimately what's gonna make it successful so thank you 1088 01:53:56,260 --> 01:54:03,310 for indulging me and letting me kind of rant on it and speak and Oliver I'm 1089 01:54:02,080 --> 01:54:11,070 gonna give it to you to walk through the presentation what I'm not going anywhere 1090 01:54:19,710 --> 01:54:43,450 what I need to be working toward alright so just to give you a quick overview of 1091 01:54:41,770 --> 01:54:49,240 kind of what we want to talk about kind of as far as specifics go you know first 1092 01:54:46,210 --> 01:54:53,220 of all our request today is for approval of our concept we're looking for 1093 01:54:51,480 --> 01:54:58,230 approval the conceptual plan that we're bringing to you obviously going forward 1094 01:54:56,070 --> 01:55:02,880 assuming we get that right that gives us a level of commitment without a lot of 1095 01:55:00,600 --> 01:55:07,590 real commitment for us to push forward in terms of the pretty significant 1096 01:55:05,070 --> 01:55:13,830 dollars we start spending as we move toward toward a real project you know 1097 01:55:10,739 --> 01:55:19,110 we've we've already expended a lot of time energy and money into planning you 1098 01:55:17,430 --> 01:55:25,950 know kind of what we have to present to you and and you know next steps are 1099 01:55:23,220 --> 01:55:30,420 really taking this to the next level in terms of that planning so we can talk a 1100 01:55:28,710 --> 01:55:32,910 little bit about the Hawthorn mall kind of the approach that we have at 1101 01:55:31,530 --> 01:55:38,070 Centennial some of the big picture trends which which John and Steven 1102 01:55:36,000 --> 01:55:40,830 already hit on so I'll probably blow through some of those quickly cuz you've 1103 01:55:39,210 --> 01:55:44,670 heard it before and then I'm gonna take you through you know what we're looking 1104 01:55:42,690 --> 01:55:50,660 at in terms of you know the transformation of Hawthorne mall 1105 01:55:47,150 --> 01:55:56,850 specifically you know the master plans finally ending in our commitment there 1106 01:55:53,960 --> 01:56:01,860 Steven mentioned some of the players we have what we consider best-in-class 1107 01:55:58,200 --> 01:56:07,050 partners both as financial partners as well as planning partners legal we feel 1108 01:56:04,980 --> 01:56:12,150 like we have a good team here and we're very proud of the team that we have 1109 01:56:09,060 --> 01:56:16,290 working on this mall as far as our approach goes you know there's a number 1110 01:56:13,800 --> 01:56:20,880 of kind of big picture things that we try to hit on as we plan a 1111 01:56:17,690 --> 01:56:27,420 transformation of them all everything from a distinct experience we want to 1112 01:56:23,670 --> 01:56:32,820 ensure that we nod to and include the community that that individual mall is 1113 01:56:29,790 --> 01:56:37,739 in as Steven mentioned we always want an elevated tenant mix that is we want to 1114 01:56:35,520 --> 01:56:42,690 make sure that we are taking the tenancy to the next level from what's there at a 1115 01:56:40,560 --> 01:56:49,320 given point today and that's been addressed mixed-use near the mixed-use 1116 01:56:46,500 --> 01:56:53,760 the importance of mixed uses was was alluded to earlier and a Steven 1117 01:56:50,970 --> 01:56:57,390 mentioned is really something that's happening in a lot of properties across 1118 01:56:55,380 --> 01:57:03,000 the country right now whether it used to be this segregation of retail here 1119 01:56:59,820 --> 01:57:06,700 office here housing over here people want 1120 01:57:04,330 --> 01:57:14,140 more of an urban feel in terms of walkability livability shop ability 1121 01:57:10,410 --> 01:57:19,090 dining there's a trend toward mixed-use and we feel like it's a good one and it 1122 01:57:16,330 --> 01:57:25,230 fits well within mall strategies often given our large parking lots that were 1123 01:57:22,150 --> 01:57:29,980 designed 37 years ago that are no longer required in terms of kind of the same 1124 01:57:27,790 --> 01:57:36,490 kind of parking ratios we've got a lot of land it doesn't exist in a lot of 1125 01:57:31,870 --> 01:57:41,710 other real estate the final one because this holistic approach embracing the 1126 01:57:38,260 --> 01:57:46,060 Omni channels again it's been discussed and John discussed kind of how this 1127 01:57:43,300 --> 01:57:51,940 retail Armageddon is it really a retail Armageddon there's a change consumer 1128 01:57:48,760 --> 01:57:57,490 behavior is changing there is shopping online that one denies that but as was 1129 01:57:55,210 --> 01:58:01,960 noted you've got people that were online players that are opening bricks and 1130 01:57:59,710 --> 01:58:06,960 mortar stores across the country because that presence is needed that customer 1131 01:58:04,150 --> 01:58:13,660 face-to-face interaction that needed and we are working with retailers trying to 1132 01:58:10,810 --> 01:58:18,910 bring that to fruition as well it's important to get that that holistic 1133 01:58:16,030 --> 01:58:24,630 approach with retailers as part of our mall and we're excited about that it 1134 01:58:21,400 --> 01:58:33,940 really has changed the environment I don't hit two big trends here let's skip 1135 01:58:28,690 --> 01:58:41,020 over these trends presentation but there are trends going on and we feel like 1136 01:58:35,590 --> 01:58:45,520 those open up opportunities it's a transformation overview we've been 1137 01:58:43,690 --> 01:58:50,220 spending a whole lot of time master planning again we started with the seer 1138 01:58:47,650 --> 01:58:54,040 site we've obviously got the mall itself and we have the Carson's tracks so we've 1139 01:58:52,540 --> 01:58:59,500 had a lot of things to look at one of the things that we're going to get to 1140 01:58:54,940 --> 01:59:02,530 later is really not as pertinent to kind of a zoning action coming up but we want 1141 01:59:01,360 --> 01:59:08,110 to show you what we're thinking about inside the mall as well because in order 1142 01:59:05,830 --> 01:59:15,240 to transform this asset we really have to include a change to the interior of 1143 01:59:11,050 --> 01:59:20,210 the mall we can't simply you know add different 1144 01:59:16,310 --> 01:59:23,210 uses and add a mixed-use experience to the mall and then leave the interior of 1145 01:59:22,100 --> 01:59:28,010 the mall as it is there's got to be investment throughout and we're ready to 1146 01:59:26,060 --> 01:59:34,430 address some of that and show you some of the thoughts we have as well 1147 01:59:31,210 --> 01:59:37,550 enhanced dining eighteen our destination is kind of something we talked about we 1148 01:59:35,660 --> 01:59:44,360 want people at the mall we want to give people reasons to be there living 1149 01:59:39,890 --> 01:59:46,220 shopping etc all the all the reasons to be there that we've talked about 1150 01:59:45,350 --> 01:59:53,110 previously you know grocers there's been discussion 1151 01:59:49,100 --> 02:00:09,170 of brochure you know I think the president said it very well been saying 1152 02:00:00,830 --> 02:00:13,790 a lot there's distinguishing I've lost the word down you know can't can't other 1153 02:00:11,660 --> 02:00:18,170 grocers survived absolutely they all fit a different niche right right these 1154 02:00:15,260 --> 02:00:23,930 grocers have different niches and there's a lot of grocery dollars being 1155 02:00:21,350 --> 02:00:28,490 spent and burning hills and around and we believe that there's room for more 1156 02:00:26,540 --> 02:00:33,290 grocers in the community that's the one thing you can be sure people are gonna 1157 02:00:29,600 --> 02:00:41,030 shop at right all the other uses have been flowed people buy groceries Mike 1158 02:00:37,310 --> 02:00:47,810 you can use one of the stand-up fun okay I just want to interject one comment 1159 02:00:43,640 --> 02:00:53,210 there that was related to your comment about the H Mart and I'm very familiar 1160 02:00:50,360 --> 02:00:59,390 with H Mart and and I think the point about that which I think is very 1161 02:00:54,590 --> 02:01:04,220 relevant is that is that we don't want and again it goes back to our overall 1162 02:01:01,610 --> 02:01:09,890 vision we don't want just any grocer we don't want just a grocer because that's 1163 02:01:07,640 --> 02:01:14,540 what you think should be here if it's not interesting and if it's not 1164 02:01:11,710 --> 02:01:19,430 experiential and if it's not unique and if it doesn't provide something that the 1165 02:01:16,520 --> 02:01:28,100 community doesn't have then we're not going to do it but but if we can bring 1166 02:01:22,310 --> 02:01:32,389 you a an international or very different distinctive grocer that 1167 02:01:30,289 --> 02:01:38,389 provide something this community does not have then that is that is a 1168 02:01:35,989 --> 02:01:45,079 difference maker that is something that we want to do so we're not just going to 1169 02:01:41,030 --> 02:01:50,570 bring you know the seventh grocer that does the same thing the other six do 1170 02:01:47,769 --> 02:01:53,480 because if it's not going to be successful we don't want to do it either 1171 02:01:51,860 --> 02:01:57,619 and we don't want to be just like everybody else we want to do this in a 1172 02:01:55,969 --> 02:02:03,380 way that's gonna be very unique and special so exactly as you say it may not 1173 02:02:00,349 --> 02:02:08,329 be that one but it's that exact point of bringing something that is different 1174 02:02:05,570 --> 02:02:14,179 that is not the same as H Mart for example they sold a fish that's right 1175 02:02:11,539 --> 02:02:21,139 okay so we could have some gain there from like from Pike's Market every once 1176 02:02:16,159 --> 02:02:42,860 while throwing a fish that's the expert that's exactly right and and I mean yeah 1177 02:02:32,559 --> 02:02:47,690 yeah and and a lot of this did there listen we've got we don't we own a 1178 02:02:45,289 --> 02:02:53,239 property that has 99 Ranch Market in it which is the most dominant national 1179 02:02:50,090 --> 02:02:57,889 Asian grocery not Korean Chinese and Taiwanese they're phenomenal and it is 1180 02:02:55,789 --> 02:03:04,519 exciting and it's a great business to be in so we we get that I'm only point is 1181 02:03:01,420 --> 02:03:09,590 we're really really taking our time to do this in a manner that creates 1182 02:03:07,309 --> 02:03:17,559 something that is that is unique and special not trying to bring you the 1183 02:03:11,360 --> 02:03:17,559 seventh grocer that is of the same kind 1184 02:03:18,309 --> 02:03:21,309 right 1185 02:03:27,260 --> 02:03:37,140 yeah sure and we saw that with the screw sure that Stephen was referencing in 1186 02:03:34,020 --> 02:03:41,850 Dallas they had a massive following we have our own example right across the 1187 02:03:39,030 --> 02:03:50,460 street here true through the-- i know i'm killing the name but it's an indian 1188 02:03:45,810 --> 02:03:56,070 grocer and that is the first entity that has really taken hold in this little 1189 02:03:53,340 --> 02:04:00,090 mini mall here and it's serving an ish i did serving the indian market but it's 1190 02:03:58,230 --> 02:04:05,640 also serving part of the asian market too because there's a fair crossover 1191 02:04:03,360 --> 02:04:17,190 right some of the products they carry so yeah that a specific market to target it 1192 02:04:11,610 --> 02:04:19,920 to a demographic sure perfect let's move on then to the plans here the current 1193 02:04:18,630 --> 02:04:24,780 site plan everyone's familiar with the current site plan macy's JCPenney on the 1194 02:04:22,770 --> 02:04:32,310 north the old Carson's box on the south and the Sears box to the east there so 1195 02:04:29,490 --> 02:04:35,760 what we're dealing with when we had when we had to plan this out is we've got a 1196 02:04:33,870 --> 02:04:44,310 significant grade change that goes right up against the Sears we've also got you 1197 02:04:41,070 --> 02:04:50,250 know a ton of parking you've also got a big obsolete box that in today's world 1198 02:04:46,320 --> 02:04:55,110 don't have users that use 200,000 square feet you rarely have users that actually 1199 02:04:53,610 --> 02:04:59,910 take a hundred thousand square feet as was mentioned earlier these footprints 1200 02:04:56,850 --> 02:05:07,200 are shrinking so what we wanted to do was find a way to make use of the land 1201 02:05:02,580 --> 02:05:13,320 to engage customers to interface with the mall in a different way to provide 1202 02:05:09,360 --> 02:05:21,330 something that gave Vernon Hills a four seasons opportunity to both you know use 1203 02:05:17,610 --> 02:05:24,660 what we build on the east side as well as to to give them a way to you know 1204 02:05:23,520 --> 02:05:29,370 basically a new way to funnel people into the mall in the end as Steven has 1205 02:05:26,520 --> 02:05:33,330 said everything we're doing is to strengthen our current investment to 1206 02:05:31,290 --> 02:05:37,620 strengthen the mall to ensure it's a viable asset for Vernon Hills and a 1207 02:05:35,850 --> 02:05:41,940 viable funding source for Vernon Hills far into the future 1208 02:05:39,620 --> 02:05:51,240 so here's a big picture of what we've put together so far the laser does this 1209 02:05:46,410 --> 02:05:54,620 have a laser pointer there it is it's kind of petering out unfortunately 1210 02:06:03,659 --> 02:06:17,500 let's address the let's address the the the Carson's box first much better so 1211 02:06:16,150 --> 02:06:24,869 first of all the Carson's box is a little bit simpler we don't have as much 1212 02:06:19,809 --> 02:06:24,869 land on the Carson's tract as we do here 1213 02:06:25,260 --> 02:06:32,800 because the reason the reason for you using the mouse is because it's going to 1214 02:06:30,340 --> 02:06:36,269 be televised and the people will see that where they won't see that got it 1215 02:06:35,139 --> 02:06:42,340 got it so the Carson's box we have basically 1216 02:06:39,099 --> 02:06:47,860 two new boxes planned this is the grocer on the east side and here we're still 1217 02:06:45,969 --> 02:06:51,880 talking to a number of potential tenants but we expect this to be what we'll call 1218 02:06:49,809 --> 02:06:56,349 the daily needs section right we're gonna have our daily needs of residents 1219 02:06:54,909 --> 02:07:01,030 met we're and give people a reason to come in we're still gonna have the 1220 02:06:58,059 --> 02:07:08,199 experience interplay between the mall and the exterior a very small green 1221 02:07:05,050 --> 02:07:16,269 space plaza and we expect that the grocer is going to be able to basically 1222 02:07:11,880 --> 02:07:20,289 I'll call it seamlessly fade into the mall we expect there to be an interplay 1223 02:07:18,190 --> 02:07:30,400 within the mall that connects the grocery operation and the experience of 1224 02:07:23,289 --> 02:07:33,519 the shopper in the mall absolutely but from the mall you'll be able to 1225 02:07:31,480 --> 02:07:41,230 interface and see they'll be you know they'll be interaction there between the 1226 02:07:35,019 --> 02:07:46,179 mall and the grocer we have some square feet building the big build is a 50,000 1227 02:07:44,289 --> 02:07:50,670 square feet and the smaller building somewhere the range of 20 to 30 thousand 1228 02:07:51,449 --> 02:07:58,000 could be multiple tenants we've got a couple larger tenants that we think 1229 02:07:56,079 --> 02:08:01,269 could take the whole space you can see it's eating up some of the mall space as 1230 02:07:59,739 --> 02:08:06,309 well which is very important in this day and age we've got a lot of small shop 1231 02:08:03,579 --> 02:08:09,909 space that isn't where the mall needs to be today in terms of small shop space so 1232 02:08:08,349 --> 02:08:14,090 anything that allows us to eat some of the small depths of the small shop space 1233 02:08:12,940 --> 02:08:18,860 much of which is too for today's marketplace is a good thing 1234 02:08:16,610 --> 02:08:23,660 as far as we're concerned okay did we move over to Sears box and the 1235 02:08:21,080 --> 02:08:30,890 Sears box we're trying to create a you know a basically an urban environment 1236 02:08:26,050 --> 02:08:36,100 that has food and beverage offerings has retail offerings has again the living 1237 02:08:33,800 --> 02:08:45,830 offering right we're trying to create a true streetscape an urban streetscape 1238 02:08:41,080 --> 02:08:51,590 that basically will pull off of off of Milwaukee obviously we've been very 1239 02:08:48,800 --> 02:08:57,950 careful to maintain sight lines from Milwaukee into the mall can you go 1240 02:08:54,470 --> 02:09:03,380 through each of those elements yes so you're over the brown and now you're all 1241 02:08:59,690 --> 02:09:10,780 right what each of those represents sure sure so we have basically the yellow 1242 02:09:05,990 --> 02:09:18,350 here is retail slash food and beverage above the retail is the multi-family 1243 02:09:14,620 --> 02:09:24,320 we've got a garage in the middle the lower level of the garage services 1244 02:09:20,840 --> 02:09:31,430 retail upper levels would be exclusive to multifamily on this side the same 1245 02:09:28,670 --> 02:09:37,880 again we're founded by the geometry here of the great change but we've got garage 1246 02:09:34,750 --> 02:09:45,050 wrapped with multifamily and then we've got the retail offering along the street 1247 02:09:42,130 --> 02:09:51,380 we have a very small medium within the street which is you know something that 1248 02:09:48,470 --> 02:09:54,890 you basically you want this to be very inviting in terms of people cross 1249 02:09:53,180 --> 02:10:02,650 shopping both sides of the street it's a fairly walkable very slow it's very 1250 02:09:57,950 --> 02:10:02,650 regular very pedestrian a very addition 1251 02:10:04,300 --> 02:10:19,640 what do they do those kind of details we'll have to figure out down the road I 1252 02:10:16,880 --> 02:10:24,340 doubt it'll be a tunnel but but it would most likely be mixture heated sidewalks 1253 02:10:22,010 --> 02:10:24,340 and 1254 02:10:24,540 --> 02:10:42,060 over your nagging you know right we had a we had a bad winter I know everybody 1255 02:10:32,070 --> 02:10:45,900 agree with one get one thing sure hey then we've got a Plaza space here this 1256 02:10:43,500 --> 02:10:51,600 Plaza space will be programmed it will be usable for seasons out of the year 1257 02:10:49,050 --> 02:10:55,590 obviously you have very different uses in the summers compared to the winters 1258 02:10:53,760 --> 02:11:01,020 here but there's ways to make this programmable and usable all four seasons 1259 02:10:58,350 --> 02:11:07,650 or the blue areas are one part that's multifamily what time the perimeter the 1260 02:11:04,770 --> 02:11:10,860 lower right hand corner you know right now this is to be determined this is 1261 02:11:09,480 --> 02:11:14,760 actually a plan we just had a new plan come out today actually this was gonna 1262 02:11:13,140 --> 02:11:20,130 be some kind of different type of multi-family housing to be determined 1263 02:11:18,330 --> 02:11:24,930 there was just some extra square footage and they filled in space the latest plan 1264 02:11:23,250 --> 02:11:30,260 doesn't even have this it could be a townhome type product to be determined 1265 02:11:30,860 --> 02:11:50,580 so these are about four these are about four stories no the blue part is four 1266 02:11:47,010 --> 02:11:56,370 stories so Brown is one story or two stories right parking underneath it's a 1267 02:11:54,750 --> 02:12:08,340 mixture of three and four stories depending on you got buildings we have 1268 02:12:01,050 --> 02:12:16,700 lots of yes I think again one thing I just want to point out that just we're 1269 02:12:11,130 --> 02:12:22,010 creating these outdoor clauses that are part of what we're going to do in these 1270 02:12:18,990 --> 02:12:22,010 projects is create 1271 02:12:25,530 --> 02:12:35,830 music you know it's very important that that you know we're gonna be activating 1272 02:12:33,310 --> 02:12:43,510 these areas both inside and outside we're gonna do something inside that's 1273 02:12:37,989 --> 02:12:50,800 going to be unbelievably amazing in the center quarter of this dismal that in 1274 02:12:46,480 --> 02:12:57,280 addition to the ability to to have a lot of kids areas to be playing and having 1275 02:12:54,489 --> 02:13:01,800 wine and coffee and kind of a central park theme inside the ball but we're 1276 02:12:59,920 --> 02:13:06,940 going to be creating these areas and activating them with music and with art 1277 02:13:04,630 --> 02:13:14,530 activations where we can bring the community in to do art changes and 1278 02:13:11,250 --> 02:13:19,750 constantly the schools come in and bring art projects and we're gonna have a lot 1279 02:13:17,560 --> 02:13:23,770 of that community activity and music from the community so that it's 1280 02:13:21,699 --> 02:13:29,410 constantly when you're coming here you're you're you're really being 1281 02:13:26,100 --> 02:13:33,699 energized by what's going on so I just I just want you to kind of it's hard to 1282 02:13:31,630 --> 02:13:41,710 see we've got you know pictures but it's hard to see we're gonna try to speed it 1283 02:13:40,600 --> 02:13:49,780 up a little bit we've got some pictures we had some renderings done of the plans 1284 02:13:44,320 --> 02:14:05,080 this is looking at the brochure this is look at the streetscape down towards the 1285 02:13:52,150 --> 02:14:09,460 mall president burns want me to speed it up oh no now you know now you're getting 1286 02:14:06,760 --> 02:14:16,030 it a good don't speed this up speed up that stuff that nobody wants to hear 1287 02:14:12,270 --> 02:14:21,390 this is these three that go back just two more just take it take two seconds 1288 02:14:18,010 --> 02:14:21,390 I flew here from Dallas 1289 02:14:21,580 --> 02:14:32,120 yeah this wouldn't I mean seriously seriously take a look this was it this 1290 02:14:27,140 --> 02:14:39,890 is a Carson's box the I mean the transformation of this I mean you've got 1291 02:14:37,160 --> 02:14:48,410 to look at it and say well what a change it will bring this is a tremendous 1292 02:14:46,160 --> 02:14:55,190 change a tremendous investment being made that is opening up creating another 1293 02:14:51,740 --> 02:15:00,830 area that we're where that where the Carson's box is so that that that's what 1294 02:14:58,460 --> 02:15:06,800 that is there along though you'll see along that store is all outdoor seating 1295 02:15:03,940 --> 02:15:12,650 all along the store all the way to get up into the mall and there's some green 1296 02:15:09,200 --> 02:15:21,560 space there so go to the next one this is awfully dramatic when you say this 1297 02:15:18,140 --> 02:15:28,460 this is creating an urban feel distressed game that is walkable dining 1298 02:15:26,150 --> 02:15:40,030 sitting outside the apartments are above and it can lead straight into the wall 1299 02:15:33,550 --> 02:15:44,740 this is the Sears parcel and this is this is not typically found 1300 02:15:46,990 --> 02:15:57,260 I'm sorry I I just again I just want you to focus on it for a minute because this 1301 02:15:52,490 --> 02:16:03,230 is in my opinion this is you're not going to see this very many places not 1302 02:15:59,330 --> 02:16:09,650 in the suburbs in many areas anywhere around the country and it's a total 1303 02:16:07,130 --> 02:16:16,670 transformation total change and this is going to lead to this Plaza with music 1304 02:16:12,230 --> 02:16:21,350 and with art and with activations so go to the third one 1305 02:16:17,510 --> 02:16:27,440 that's the plaza and one thing that you're also going to find here you can 1306 02:16:23,720 --> 02:16:36,019 see the AMC there today the AMC this the AMC is is 25 30 feet above the Sears 1307 02:16:31,719 --> 02:16:39,889 building so you can't even see the AMC you come in here you can't you can't see 1308 02:16:37,849 --> 02:16:45,559 the AMC at all unless you're on the other side of the mall this is going to 1309 02:16:41,870 --> 02:16:51,740 create a total different vision and view we're going to create steps what I'm 1310 02:16:49,340 --> 02:16:57,590 calling the Spanish Steps that are going from here all the way up to the AMC 1311 02:16:55,160 --> 02:17:03,320 theater area so you're going to be able to kind of come up and down front from 1312 02:17:01,070 --> 02:17:09,620 the theater where we've had where Westfield built restaurants that are not 1313 02:17:05,840 --> 02:17:14,450 least at all because nobody knows they're there 1314 02:17:10,460 --> 02:17:19,550 Sears blocks the the entire view and vision so by tearing the Sears building 1315 02:17:16,880 --> 02:17:25,190 down you're going to be able to open up that whole side of the mall where we can 1316 02:17:22,309 --> 02:17:32,660 create tenants and excitement and energy where the theater is now and then have 1317 02:17:28,540 --> 02:17:37,519 really attractive steps down to this plaza area where we'll have restaurants 1318 02:17:35,269 --> 02:17:44,860 that you can sit with music and overlook the plaza and and so I just wanted to 1319 02:17:42,530 --> 02:17:52,219 spend five minutes for three minutes because a lot of the conversation is 1320 02:17:47,750 --> 02:18:01,770 great but this is special you get any more pictures yes 1321 02:17:54,360 --> 02:18:06,000 this was the existing wall I'm here you you click and I'm visiting wall then 1322 02:18:03,810 --> 02:18:11,639 here's the mall today here's the center court of the mall today 1323 02:18:07,349 --> 02:18:18,060 ok we're gonna spend thank you I'm sorry I just get a little a little animated 1324 02:18:14,849 --> 02:18:24,780 about this we're we're gonna we're gonna spend up flip to the to the next line 1325 02:18:21,870 --> 02:18:28,980 we're gonna spend right now we are we are working on this for this holiday 1326 02:18:26,790 --> 02:18:36,060 time we're going to spend five million dollars in the mall to create something 1327 02:18:32,880 --> 02:18:41,880 that is I don't know you'll see it anywhere it where else and we're getting 1328 02:18:39,420 --> 02:18:47,490 no return on that money but we have to do it we have to do it today that starts 1329 02:18:45,179 --> 02:18:51,929 the conversation with tenants about why you need to be here because we have to 1330 02:18:50,099 --> 02:18:57,900 demonstrate what we're going to do we have to demonstrate our commitment to 1331 02:18:54,000 --> 02:19:02,760 this project and and this is what we're calling kind of a Central Park area 1332 02:18:59,760 --> 02:19:06,150 where you can go bring your kids your kids can play you could sit around you 1333 02:19:04,469 --> 02:19:15,630 can get coffee hopefully wine and create this totally 1334 02:19:10,889 --> 02:19:23,040 immersive exciting area in the mall that that is going to be spectacular and and 1335 02:19:20,490 --> 02:19:28,410 we're you know this we don't obviously we're not we're not here for this we're 1336 02:19:25,860 --> 02:19:36,150 you know we're doing this we we feel that we can't let them all sit today if 1337 02:19:31,969 --> 02:19:43,770 you know malls in America are going one of two ways they're going down and 1338 02:19:40,800 --> 02:19:49,110 they're going up only if people invest in them if you don't invest in them all 1339 02:19:45,810 --> 02:19:52,650 its going down and as evidence the last three and a half years we've lost a 1340 02:19:51,090 --> 02:19:57,930 third of our income and fifty million dollars of sales so if we don't start 1341 02:19:54,720 --> 02:20:06,090 doing this quickly we're going the wrong direction anymore well I mean seriously 1342 02:20:03,120 --> 02:20:09,690 I mean you know this is what's there now okay there now that 1343 02:20:07,860 --> 02:20:14,000 the last piece of is really kind of the messaging the transformation again the 1344 02:20:12,090 --> 02:20:19,050 art installations that we're working on bringing some local artists but again we 1345 02:20:17,670 --> 02:20:23,130 just want you to understand kind of what we're working on behind the scenes in 1346 02:20:21,510 --> 02:20:29,870 addition to what we're asking for today now you get a good picture of a concept 1347 02:20:26,970 --> 02:20:35,730 picture of the apartment you said Dewey well I mean you're 30 1348 02:20:33,030 --> 02:20:39,811 what we included here how we saw some wood above the retail right that's right 1349 02:20:37,590 --> 02:20:46,590 okay is it all above the retail it's not all above the retail some of it 1350 02:20:42,811 --> 02:20:51,780 that's away from the retail is down to grade what's that but we don't have 1351 02:20:50,521 --> 02:21:00,510 elevations yet we haven't gotten that level of design it's all the same 1352 02:20:57,000 --> 02:21:06,630 building no no no no no we're not no we're not building well that 1353 02:21:02,780 --> 02:21:12,061 unfortunately that was put on the stack that was it was a it was a space filler 1354 02:21:09,680 --> 02:21:20,160 architect put that on there and we're not building townhomes it's apartments 1355 02:21:14,720 --> 02:21:24,630 two projects one on each side over the retail that they'll be they'll be 1356 02:21:23,220 --> 02:21:31,980 apartments over the retail but they'll also be behind the retail on from the 1357 02:21:28,500 --> 02:21:37,590 ground up how many resident how many units it's about what showed is about 1358 02:21:34,771 --> 02:21:44,640 450 units are you considering a hotel in this absolutely well it would be another 1359 02:21:42,720 --> 02:21:50,100 phase I mean we want a hotel but there hasn't been the focus and the interest 1360 02:21:46,800 --> 02:21:55,860 yet I mean it's absolutely something we want we we've got we've got we've 1361 02:21:53,370 --> 02:22:03,150 started to get interest again people have to see that we're doing this to to 1362 02:21:59,220 --> 02:22:09,960 get to get really the once we start this project we are going to start 1363 02:22:05,610 --> 02:22:13,530 aggregating you know because again we don't want to just put any hotel out 1364 02:22:12,000 --> 02:22:17,760 here we're not just looking to sell our land or to bring somebody on just to get 1365 02:22:15,990 --> 02:22:24,180 it we want to get the right hotel for this market and who we opened is 1366 02:22:21,180 --> 02:22:29,699 the residents before before we do that I've got a few questions okay so - you 1367 02:22:26,970 --> 02:22:34,979 mention hotel but where where where would it go well first of all you know 1368 02:22:31,859 --> 02:22:39,149 part of it has to do with the hotel and we're you know we just can't tell them 1369 02:22:36,930 --> 02:22:44,609 to go anywhere what we have the Carson's box that is vacant today 1370 02:22:42,390 --> 02:22:49,949 I'm sorry the Carson's furniture store that is vacant today but wouldn't you 1371 02:22:46,979 --> 02:22:52,979 want the hotel to be attached to the mall and the great in the mall it 1372 02:22:51,569 --> 02:22:57,930 depends on what it is it depends on what type of hotel it is a 1373 02:22:55,439 --> 02:23:02,790 lot of hotels do not want to be or not or not designed to be part of them a 1374 02:22:59,970 --> 02:23:08,010 mall if if it's a Western high-rise hotel that would be one thing but so far 1375 02:23:05,880 --> 02:23:13,890 the interest we've had is not from that kind of a brand it's from more boutique 1376 02:23:10,050 --> 02:23:19,080 a loft or brands that are not connected to two malls and so they don't want to 1377 02:23:16,890 --> 02:23:26,370 be part of it is what you know we can't what we want sometimes isn't always what 1378 02:23:21,479 --> 02:23:31,350 the market commands but we absolutely a hotel is just like residential hotel is 1379 02:23:29,399 --> 02:23:39,120 a critical element that we want to have at the mall but again it's a it's a 1380 02:23:35,609 --> 02:23:44,399 process of having to get the the project to a point to where we can control more 1381 02:23:41,819 --> 02:23:50,220 of who we want than just who's showing up I get that but I mean I've been to 1382 02:23:47,310 --> 02:23:54,420 the I don't know which mall you went to in Dallas but or wherever you were in 1383 02:23:52,439 --> 02:23:58,800 Texas but I've been to the one that has a very nice mall with a very nice the 1384 02:23:56,850 --> 02:24:02,850 Galleria - yeah the Galleria like a West did right there right that's exciting to 1385 02:24:00,660 --> 02:24:08,580 stay at a place like that where you can stay there and in and be at the ball 1386 02:24:06,090 --> 02:24:15,149 always would you're not if we could get that but you're preaching to the choir 1387 02:24:11,850 --> 02:24:17,819 right if we could get that today not a chance 1388 02:24:15,840 --> 02:24:21,720 and I get that today but I just want to make sure that your plans would allow 1389 02:24:19,560 --> 02:24:26,580 for that because if you're thinking that they're gonna be in a box in the back no 1390 02:24:24,210 --> 02:24:33,569 one's gonna want to go there but oh well again today that option doesn't exist 1391 02:24:30,810 --> 02:24:37,350 the options that exist today are hotels not 1392 02:24:34,680 --> 02:24:43,470 anywhere near that that type of hotel mm-hmm that that would be that would be 1393 02:24:40,890 --> 02:24:50,910 on our property detached from the mall that's the hotel opportunity today but 1394 02:24:46,890 --> 02:24:56,930 in the future if the concept was different in a hotel wanted to come in 1395 02:24:53,250 --> 02:25:02,430 and be attached to the new mall where would it be well you guys have a plan 1396 02:25:00,449 --> 02:25:05,910 for that we have a plan yet we need that hotel to come there's a 1397 02:25:04,080 --> 02:25:10,800 plenty of places to connect to the mall it would most likely be taking down some 1398 02:25:08,609 --> 02:25:15,540 small shop space it could be between Macy's and JC Penney right Mei knows we 1399 02:25:14,069 --> 02:25:22,050 have plenty of land here everything that you could you could reconfigure the mall 1400 02:25:17,580 --> 02:25:27,239 to allow for we wait okay if we are willing to do whatever it takes pretty 1401 02:25:24,540 --> 02:25:31,830 amazing things and so if we get the right hotel we're gonna figure out how 1402 02:25:29,399 --> 02:25:36,810 to get them at the mall maybe can they point out where your land is okay now 1403 02:25:34,560 --> 02:25:43,979 you know you got Carson now you we know you get serious yeah where's your land 1404 02:25:39,390 --> 02:25:52,050 for you know is the you know part is there lets you have everything except 1405 02:25:47,010 --> 02:25:57,979 for Macy's and Penny's everything he has everything except for Macy's and Penny's 1406 02:25:53,699 --> 02:26:03,720 that picture know what I'm saying where's your parking fields just for the 1407 02:26:01,350 --> 02:26:20,040 you know what I mean - to own it is they already over by between you know pennies 1408 02:26:07,229 --> 02:26:24,260 and it's going to be hard to say - while you're while you're trying to find that 1409 02:26:21,330 --> 02:26:42,270 out you've been using level of Sears this is there's AMC we don't own JC 1410 02:26:40,680 --> 02:26:48,210 Penney's and we'll show you that psycho but what we're talking about it Carson's 1411 02:26:44,939 --> 02:26:52,650 in its ears that's not 60 acres it no no no no because you won't some 1412 02:26:51,300 --> 02:27:04,920 additional land that's that's right that's 30 acres between Carson's and 1413 02:26:54,690 --> 02:27:28,080 Sears where do you know we can't go to the mouse again because you control 64 1414 02:27:20,550 --> 02:27:31,770 acres of land said well we sites 108 we control you're right we could that's 1415 02:27:29,700 --> 02:27:39,660 what we control but the mall is sitting on no but the we have we just bought 30 1416 02:27:37,140 --> 02:27:48,170 acres from Carson's and Sears the other 36 we own the mall is sitting on we 1417 02:27:45,000 --> 02:27:54,630 don't have much okay because this mall the four anchors owned all of their 1418 02:27:52,280 --> 02:27:58,500 parking in their land well but what you're down to is because you own 1419 02:27:56,370 --> 02:28:03,270 everything you bought seriously you're down to the only thing you don't own is 1420 02:28:00,570 --> 02:28:07,800 Macy's and pen and pen and and their party % of the parking lot it goes with 1421 02:28:06,210 --> 02:28:12,240 Macy's and Penny's right that's exactly right about 15% of the parking that 1422 02:28:09,900 --> 02:28:15,810 that's right and because that was gonna be one of my questions I've heard you 1423 02:28:13,320 --> 02:28:20,010 using the term master plan have they've been talking to us have you been talking 1424 02:28:17,910 --> 02:28:23,430 to them absolutely meet me with them every couple months yeah because I would 1425 02:28:21,810 --> 02:28:28,229 like to have all of you in the same room as we get closer to a final plan because 1426 02:28:26,610 --> 02:28:32,100 if you're gonna truly talk about master plan it has to include Macy's and 1427 02:28:30,479 --> 02:28:36,540 Penny's because they've already been talking about some stuff on there well 1428 02:28:34,260 --> 02:28:42,479 they they're they're giving us their approval to do to do what we're doing 1429 02:28:38,670 --> 02:28:47,310 here we we have a good rule we have a great relationship but then we speak to 1430 02:28:43,740 --> 02:28:53,280 them all the time right now listen this is a what we're proposing today is is 1431 02:28:52,130 --> 02:29:00,489 massive I mean it's it's massive to do this on 1432 02:28:57,060 --> 02:29:06,399 this kind of a project because again we - we have to get them all we're not just 1433 02:29:04,239 --> 02:29:10,479 trying to build around them all we're trying to get them all to be I 1434 02:29:08,439 --> 02:29:14,829 understand the Bible project and we're no that's that's why I want to make sure 1435 02:29:12,489 --> 02:29:20,979 that women and Macy's and any sort of we would have to have them in the room well 1436 02:29:17,369 --> 02:29:23,890 Macy's and Penny's may be there for the next 10 I don't know they may be there 1437 02:29:23,289 --> 02:29:28,239 for many years Penny's has already talked to us Penny's 1438 02:29:25,689 --> 02:29:31,629 if we brought if we had a hotel and we needed some of Penny's land I'm telling 1439 02:29:30,520 --> 02:29:37,119 you they would be willing to give we their lands we build it okay we are the 1440 02:29:33,789 --> 02:29:42,339 dominant we are the one that is creating the project that is beneficial to them 1441 02:29:39,270 --> 02:29:48,399 and so they understand the investment we're making is significant to the value 1442 02:29:45,579 --> 02:29:52,720 of their store and their real estate and so you know I asked you a little bit 1443 02:29:50,409 --> 02:29:55,810 about the the residences again sure you made the comment that there wasn't a 1444 02:29:54,430 --> 02:30:03,039 tunnel I'm a little concerned that you're trying to sell to older people 1445 02:29:58,299 --> 02:30:08,109 and there's no no direct access to the interior I mean we as you don't you're 1446 02:30:06,339 --> 02:30:13,239 from Texas you didn't go through what we just went through I would I would be a 1447 02:30:10,509 --> 02:30:19,979 little concerned about buying in a place you know when I get to that age when I 1448 02:30:16,779 --> 02:30:28,959 get to that age when I get to that age that your age so when I when I when I 1449 02:30:26,199 --> 02:30:34,029 get to that age and and and I'm looking to buy a place that has direct access in 1450 02:30:31,479 --> 02:30:39,789 in Taurus Bay indoor space that I would have to trudge through the snow whatever 1451 02:30:37,930 --> 02:30:44,589 just like we were talking about the hotel it's nice to be directly attached 1452 02:30:42,520 --> 02:30:49,659 so at least if you could build an underground passage for all of these 1453 02:30:47,079 --> 02:30:54,999 residences so that you can list that as an amenity when it's nasty out they 1454 02:30:52,869 --> 02:30:58,749 don't have to go outside to use the indoor space and get to that kind of 1455 02:30:56,829 --> 02:31:04,060 environment that was just a point I don't know how much you know how much of 1456 02:31:01,390 --> 02:31:09,489 an infrastructure change it would take and and cost but but I think I think 1457 02:31:07,270 --> 02:31:11,819 that would be pretty significant as an attraction 1458 02:31:12,730 --> 02:31:19,271 financing because we haven't that's a whole nother that's a whole nother 1459 02:31:16,631 --> 02:31:25,450 section but but I think in terms of conceptually I think to really to really 1460 02:31:21,761 --> 02:31:29,711 sell it to I've been 400 units to be to say your next door to the mall isn't 1461 02:31:26,771 --> 02:31:33,280 quite the same as well direct access to them well that's where I was coming from 1462 02:31:30,910 --> 02:31:38,860 even like you know some kind of a covering and you writing for red heaters 1463 02:31:35,980 --> 02:31:42,221 in there something no I mean I guess they can do that in the winter time if 1464 02:31:40,330 --> 02:31:47,051 there's a direct path that they could do that integrate that into the design plan 1465 02:31:44,681 --> 02:31:50,681 that there's some kind of you know I I think I guess what I would say a couple 1466 02:31:50,200 --> 02:32:07,120 things sure first of all we are not well number 1467 02:32:02,141 --> 02:32:12,851 one as an overall theme everything we're trying to do everything we're going to 1468 02:32:08,950 --> 02:32:20,471 do where we are committed to do it the best way that it will be done so our 1469 02:32:16,511 --> 02:32:25,511 overall arching theme is that we're spending five million dollars to make 1470 02:32:23,650 --> 02:32:34,631 the interior the mall look look phenomenal today mm-hmm so we're not we 1471 02:32:31,480 --> 02:32:40,721 do have a limit and we do have you know partners that there is a point at which 1472 02:32:37,061 --> 02:32:47,070 we we can't spend anything we want to spend but as an overarching theme as I 1473 02:32:45,160 --> 02:32:53,711 said we're committed to making this a phenomenal a phenomenal project so 1474 02:32:50,771 --> 02:32:58,530 everything that you're pointing out is is a consideration of ours as to how to 1475 02:32:56,591 --> 02:33:04,360 make it as best as we can make it giving the constraints that we can't 1476 02:33:00,851 --> 02:33:07,150 spend any amount of money so we have to there is a point in which we have to 1477 02:33:05,891 --> 02:33:13,391 think about the dollars that we're spending but we are very concerned about 1478 02:33:10,511 --> 02:33:17,771 making sure it works well and that it's integrated and it's not just putting an 1479 02:33:16,120 --> 02:33:22,990 apartment project somewhere on our site and then not trying to address how 1480 02:33:21,221 --> 02:33:26,271 people get to the mall because we want people to get to the mall in all four 1481 02:33:25,841 --> 02:33:34,730 seas and not feel an impediment so we don't 1482 02:33:31,130 --> 02:33:37,940 have all those answers yeah well I'd like to give it to some citizens 1483 02:33:36,021 --> 02:33:43,790 comments right I've got later yeah really to put things I want to 1484 02:33:41,000 --> 02:33:49,880 cover number one I've noticed that you've got three outlets that haven't 1485 02:33:46,311 --> 02:33:56,210 ever been talked about before so that makes a total of nine outlets so just I 1486 02:33:54,380 --> 02:34:02,360 want to make sure that everybody understands we're looking at more 1487 02:33:59,240 --> 02:34:08,780 additional outlets and I don't know how many people or how many businesses will 1488 02:34:06,650 --> 02:34:15,440 want to fill those but that's quite a few so you'll need to give us more input 1489 02:34:12,710 --> 02:34:22,460 on that but I know tonight is not that night this is a high level but the other 1490 02:34:19,340 --> 02:34:29,120 and this is a point to be made you're familiar with the Atwood apartments yes 1491 02:34:24,860 --> 02:34:34,221 yes and they are going to be these apartments that you're proposing here 1492 02:34:31,130 --> 02:34:41,601 are going to be similar or even smaller in individual size on a per unit basis 1493 02:34:39,620 --> 02:34:45,080 is that correct that would be the overall goal absolutely again it's all 1494 02:34:43,101 --> 02:34:48,880 conceptual right now right but we have but that's the direction you're heading 1495 02:34:46,820 --> 02:34:56,330 that is the direction we're headed okay and correct me if I'm wrong there 1496 02:34:53,290 --> 02:35:05,061 mr. village manager but as of the last count we were about two-thirds full 1497 02:34:59,410 --> 02:35:12,320 in other words about three-quarters full there over there over 73 percent okay so 1498 02:35:09,141 --> 02:35:19,641 they're roughly two hundred units and we have how many children we're out seven 1499 02:35:16,250 --> 02:35:30,650 six from district 1 four dice building one kid from Michael's his dad's the 1500 02:35:21,830 --> 02:35:38,721 base the bottom line so we can wage that point clearly right up front is that if 1501 02:35:36,290 --> 02:35:42,650 these apartments are similar and we're talking about 1502 02:35:39,771 --> 02:35:49,311 basically doubling that number of apartments going from the 240 to your 1503 02:35:45,910 --> 02:35:55,400 450 not quite doubling we should be looking at somewhere around 10 to 12 1504 02:35:51,490 --> 02:35:59,840 children they're not going to be children live living and there won't be 1505 02:35:57,860 --> 02:36:06,380 many that well there won't be met they're not built for that right and 1506 02:36:01,790 --> 02:36:13,010 neither neither is the existing well that being said this is going to have a 1507 02:36:08,990 --> 02:36:19,400 limited a very limited effect on schools well how old is the milk current 1508 02:36:15,311 --> 02:36:27,681 development okay and that's only 20 kids about 300 units it's about 20 years old 1509 02:36:22,340 --> 02:36:35,330 family / the actual number of students coming out of there for district 73 is 1510 02:36:30,950 --> 02:36:44,990 22 and they pay almost $500,000 a year the district 73 I want to turn this over 1511 02:36:42,351 --> 02:36:57,311 to the residents who wants to come back first thank you thanks guys here right 1512 02:36:49,971 --> 02:37:04,480 just stay another night come on Julie Julie you need this experience come and 1513 02:37:00,190 --> 02:37:10,820 experience I don't know improve learn you haven't been in the County Board and 1514 02:37:06,980 --> 02:37:15,050 walk I'm here as a resident oh you are okay 1515 02:37:12,010 --> 02:37:21,620 Julie Simpson 21 Monterey Drive Vernon Hills just a centennial I know as a 1516 02:37:19,130 --> 02:37:26,330 resident myself we want success we want the revenue into our village what's very 1517 02:37:24,440 --> 02:37:31,940 important to us is that there are zero children but in addition to having zero 1518 02:37:28,190 --> 02:37:36,471 children is hawthorn 73 is underfunded we need to ensure that the tax 1519 02:37:34,700 --> 02:37:43,150 incentives the tax incentives are very important I get that that's a part of it 1520 02:37:39,021 --> 02:37:49,280 but any any housing any hotel and Welling like that cannot come with tax 1521 02:37:47,240 --> 02:37:53,150 incentives the schools need the money and the only way for them to get that 1522 02:37:50,990 --> 02:38:00,920 revenue is that type of destruction and I heard the same thing 1523 02:37:58,040 --> 02:38:05,000 trustee Brown heard with townhouses and that is very scary we don't want that 1524 02:38:02,900 --> 02:38:09,830 zero children's is the effort I mean I know we might get one or two or three or 1525 02:38:06,740 --> 02:38:12,740 four like at the at worth but the out worth isn't going to produce have any 1526 02:38:11,091 --> 02:38:16,730 revenue for twenty years we can't have that again 1527 02:38:13,660 --> 02:38:22,431 well let's explain the point that a school district under the law can they 1528 02:38:19,670 --> 02:38:27,561 actually approached us if for some reason there was an explosion of 1529 02:38:24,471 --> 02:38:34,910 children we have to put so much money aside in an escrow account is that 1530 02:38:31,101 --> 02:38:43,391 correct that is correct our definition of explosion of children well they have 1531 02:38:40,040 --> 02:38:50,120 the ability they have the ability to come in and request for a redistribution 1532 02:38:47,750 --> 02:38:55,851 of the TIF allocation number one number two there are statutory minimum 1533 02:38:53,181 --> 02:39:01,250 guarantees that provide that the school districts are guaranteed a certain 1534 02:38:58,040 --> 02:39:07,190 percentage of the increment in a TIF situation to cut costs to the kid right 1535 02:39:03,860 --> 02:39:12,290 that is designed to ensure that they're covering the cost of educating the 1536 02:39:09,351 --> 02:39:17,391 children and this to some extent needs to be compared with the declining tax 1537 02:39:15,051 --> 02:39:21,681 revenue that an asset like the Hawthorn mall produces today 1538 02:39:18,980 --> 02:39:27,530 or will produce in the future if that kind of a development doesn't doesn't go 1539 02:39:24,230 --> 02:39:32,450 forward and the mall ultimately dies so those are the kind of both ends of these 1540 02:39:29,750 --> 02:39:37,641 of the spectrum and the idea is to find the perfect balance in between that 1541 02:39:34,700 --> 02:39:41,870 guarantees financial security for the school district which is something I 1542 02:39:39,710 --> 02:39:46,280 know this board is absolutely committed to and at the same time balancing that 1543 02:39:44,811 --> 02:39:51,710 so that you come out with an economically viable project that can 1544 02:39:49,400 --> 02:39:55,641 ensure the success that the community demands in you know I'm not a hundred 1545 02:39:53,990 --> 02:39:59,811 percent blaming the village for it the schools being crowded I mean it's a 1546 02:39:57,860 --> 02:40:03,440 state funding issue it's I said I'm not now just you're not a hundred percent 1547 02:40:01,341 --> 02:40:06,390 well you're blaming us for something I mean everybody has a small part in it I 1548 02:40:05,750 --> 02:40:11,939 mean the biggest problem is probably the state but what 1549 02:40:08,399 --> 02:40:17,130 I'm looking for is the state okay I mean that's that's probably the biggest 1550 02:40:13,620 --> 02:40:23,489 problem is the funding model but but as it stands right now the only way for the 1551 02:40:19,170 --> 02:40:26,370 school to to add revenue is new construction without children that 1552 02:40:24,870 --> 02:40:31,649 generates tax dollars that's how it stands and so it's more of a request of 1553 02:40:28,739 --> 02:40:36,330 partnership to help solve the problem did you hear the statement regarding 1554 02:40:33,870 --> 02:40:44,100 three million dollars a year going to district 73 right now from the mall I 1555 02:40:39,290 --> 02:40:59,760 understand this pool is still under funded there's no children coming out of 1556 02:40:46,080 --> 02:41:05,069 the ball for God's sake thank you my name is Cory group we actually live at 1557 02:41:01,050 --> 02:41:09,659 309 Alexandria Drive your model looks really nice and I agree something needs 1558 02:41:06,540 --> 02:41:16,350 to be done with the property and what it looks like what would be great a couple 1559 02:41:11,760 --> 02:41:23,760 of things that as I'm a chef I've worked in restaurants for 30 years this town is 1560 02:41:20,970 --> 02:41:27,989 oversaturated in restaurants I don't know if anybody is aware of this but 1561 02:41:25,800 --> 02:41:35,790 every single restaurant in this entire area is struggling every single day to 1562 02:41:32,010 --> 02:41:40,140 staff it there are no employees so if you want to open three restaurants five 1563 02:41:37,350 --> 02:41:45,630 restaurants ten restaurants we don't have the people here to staff those the 1564 02:41:43,920 --> 02:41:50,460 restaurants in this town are struggling as it is we have a nice day population 1565 02:41:48,630 --> 02:41:56,399 we're busy they're making money at night everybody's struggling it's crickets to 1566 02:41:53,430 --> 02:41:59,250 the restaurants that are not being you know not being affected by online 1567 02:41:57,630 --> 02:42:04,739 shopping that's actually not sure either door - GrubHub ubereats I'm sure 1568 02:42:01,800 --> 02:42:09,330 everybody here is used just to give you an idea for every $10 somebody spends at 1569 02:42:07,920 --> 02:42:14,159 any of those platforms the restaurant pays about 3 dollars and 30 cents so I 1570 02:42:13,020 --> 02:42:17,580 know if anybody knows that either so that does cut into it along with home 1571 02:42:16,260 --> 02:42:21,189 you'll replace can you explain it a little further 1572 02:42:18,580 --> 02:42:24,670 so the way that those those operate those platforms operate the three big 1573 02:42:23,470 --> 02:42:30,670 ones we'll say there's other ones out there but the three big ones so say you 1574 02:42:27,640 --> 02:42:35,560 place an order for $100 and we prepare the food and it gets sent to your house 1575 02:42:31,870 --> 02:42:40,810 I pay and say you used or - I paid or - thirty three dollars out of my money so 1576 02:42:39,550 --> 02:42:44,800 that's actually how it works a lot of people don't know that so that actually 1577 02:42:42,460 --> 02:42:48,430 cuts into a lot of stuff but here with the just the the sheer number of 1578 02:42:46,540 --> 02:42:53,290 restaurants that we have which is nice for options but you continue to add to 1579 02:42:50,560 --> 02:42:55,870 them its market saturation you might be able to bring in Millennials and stuff 1580 02:42:54,520 --> 02:43:00,340 like that but with Latinos are ordering online they're doing a whole meal 1581 02:42:57,040 --> 02:43:05,649 replacement you know they they get was it hello fresh and those things but I 1582 02:43:04,420 --> 02:43:09,399 just think everybody should be fully aware of what it is like to actually 1583 02:43:07,450 --> 02:43:14,680 operate a restaurant I have four restaurants that I operate and I also 1584 02:43:11,859 --> 02:43:20,109 feed 165 kids at emani's - Tori school Monday through Friday and it's we do 1585 02:43:16,990 --> 02:43:24,760 huge volume we are we're a big group but we still struggle to get by every single 1586 02:43:22,720 --> 02:43:28,990 day there's just not the employees and then one other question I had to that 1587 02:43:26,859 --> 02:43:34,930 with your apartments are you renting those are you selling those you I rent 1588 02:43:32,020 --> 02:43:37,810 to you okay I want to know that but anyways I just wanted to say that piece 1589 02:43:36,430 --> 02:43:40,960 cuz I don't think anybody really understands what it is to work in a 1590 02:43:39,670 --> 02:43:46,600 restaurant what we deal with every single day you know it's it's a struggle 1591 02:43:43,810 --> 02:43:53,109 every single day so I just wanted to say that piece so everybody's aware asked 1592 02:43:51,160 --> 02:43:56,710 you you have any of your operations local here I've got one I've got a 1593 02:43:55,300 --> 02:44:01,870 couple I've got three in Lake County one in Chicago I tried to want to open one 1594 02:43:58,540 --> 02:44:05,530 in town but it didn't work out because we couldn't get a variance for a six by 1595 02:44:03,640 --> 02:44:15,069 six cooler outside because of impervious surface surfaces before I spoke - yeah 1596 02:44:13,300 --> 02:44:19,420 we we actually we sat down with everybody had a meeting with who I 1597 02:44:18,880 --> 02:44:23,020 worked for I worked for all tools pub group but we 1598 02:44:21,880 --> 02:44:29,890 were going to open a little barbecue place in town and we had little the 1599 02:44:28,240 --> 02:44:34,880 breakfast place has got in its they do a great job around 45 1600 02:44:32,360 --> 02:44:40,160 we want to open a barbecue place and we had asked if we could get a 6 by 6 1601 02:44:38,200 --> 02:44:43,790 platform outside the building for a cooler well and it was denied so the 1602 02:44:42,500 --> 02:44:48,620 reason I the reason I was actually asking the question was I was just 1603 02:44:45,080 --> 02:44:54,380 curious what where do the employees come from what's the the draw how far away to 1604 02:44:51,110 --> 02:44:59,271 do the employees a lot of them I have employees that can I have one employee 1605 02:44:56,480 --> 02:45:06,860 those are my prospects I have a bunch that live in Round Lake Lindenhurst I've 1606 02:45:04,040 --> 02:45:13,761 got a couple from Mundelein one from Waukegan two from our keegan my Lake 1607 02:45:10,790 --> 02:45:17,320 Villa restaurant has people from Round Lake gurney 1608 02:45:15,110 --> 02:45:26,740 my greenie restaurant has Waukegan gurney Round Lake 1609 02:45:20,721 --> 02:45:26,740 that's pretty much more pulling from ya 1610 02:45:27,521 --> 02:45:33,530 wait could you spell your last name and we'd ask everybody else that comes up to 1611 02:45:31,490 --> 02:45:43,011 please spell their last name speak slowly so that the people who know thank 1612 02:45:40,070 --> 02:45:46,391 you it's Group E it's gr ups and Patrick E 1613 02:45:43,250 --> 02:45:46,391 thank you sure 1614 02:45:55,740 --> 02:46:07,771 yeah yeah right kick us out here hello everyone 1615 02:46:03,311 --> 02:46:13,811 michael Shank 587 central park SCH enk resident the plan you know you have to 1616 02:46:11,590 --> 02:46:18,221 evolve to survive I think everyone in this town knows that I think everyone in 1617 02:46:16,300 --> 02:46:23,260 this town knows at the mall I can use the word dying is just as you said down 1618 02:46:20,320 --> 02:46:26,891 I think a third in sales it's it's not really a destination 1619 02:46:24,880 --> 02:46:32,740 you know I applaud you to coming out here and trying to make it a destination 1620 02:46:29,070 --> 02:46:38,681 I do have a concern I know Julie the first person who spoke is is potential 1621 02:46:36,221 --> 02:46:42,400 of an increase in enrollment in our schools I don't know if you've done your 1622 02:46:40,811 --> 02:46:47,590 homework I don't I don't think you've reached out to the school board I think 1623 02:46:43,811 --> 02:46:55,630 you should to understand where we're at with our enrollment you had said Levin 1624 02:46:52,210 --> 02:47:01,900 correct mr. Levin mall belong to the community enrich the lives of the Vernon 1625 02:46:59,050 --> 02:47:07,870 Hills residents focused on the community you need to reach out to the community 1626 02:47:04,181 --> 02:47:13,330 more town-hall type meeting to get suggestions from the community it's 1627 02:47:10,840 --> 02:47:19,811 important I don't know how you can ensure that families as you're writing 1628 02:47:16,900 --> 02:47:22,510 here you wrote I'm not sure who wrote this the luxury apartments will be 1629 02:47:21,190 --> 02:47:27,490 marketed to young professionals and empty nesters as something that offers 1630 02:47:25,120 --> 02:47:33,820 an urban living experience with space to live okay how do we ensure that there 1631 02:47:31,210 --> 02:47:37,780 will no be no families with kids going into the district we are busting at the 1632 02:47:35,891 --> 02:47:41,740 seams I'm not going to talk about a rehash what's been going on over the 1633 02:47:39,221 --> 02:47:47,200 last year I think you should reach out to the school board to really understand 1634 02:47:44,141 --> 02:47:52,630 to make sure that those outlets do not become townhouses that the apartments do 1635 02:47:50,650 --> 02:48:00,521 not become more than what you're saying 850 square feet which is like a size of 1636 02:47:56,200 --> 02:48:04,931 a large hotel room okay the other thing like I said you have to evolve 1637 02:48:02,830 --> 02:48:08,470 I'm all for new stores and restaurants I think everybody wants a fresh change but 1638 02:48:07,090 --> 02:48:13,960 there is a point I am in the Strahm business also the labor market is 1639 02:48:10,960 --> 02:48:17,830 terrible unemployment is low we can't get anybody to work reliable it's an 1640 02:48:16,420 --> 02:48:21,460 issue and I know it's happening in retail so you have to be careful with 1641 02:48:19,540 --> 02:48:25,870 that because we don't want to see places fail nobody in this town wants to see 1642 02:48:23,770 --> 02:48:29,890 Toys R Us go out nobody in this town wants to see a restaurant that they used 1643 02:48:27,370 --> 02:48:33,520 to like go out of business it's very important you get in touch with the 1644 02:48:31,300 --> 02:48:43,210 community into Town Hall type of fashion maybe it might spark some other ideas 1645 02:48:36,220 --> 02:48:45,330 phase three or even in Phase two thank you 1646 02:48:57,851 --> 02:49:06,280 good evening Carl Borchers 270 Danbury that's Bo AR CH ER s thank you for 1647 02:49:03,910 --> 02:49:09,670 coming here in person a echo the compliments from the rest of the 1648 02:49:07,660 --> 02:49:14,440 residents here I had two separate questions one in relation to the 1649 02:49:12,670 --> 02:49:17,830 overhaul I'd like to hear a little bit more about the environmental impact what 1650 02:49:16,511 --> 02:49:20,950 you're doing to the mall from a long-term perspective whether its lead 1651 02:49:19,570 --> 02:49:24,730 certifications or other things you're doing in this overhaul that might be 1652 02:49:22,660 --> 02:49:28,330 more sustainable as you talk about being a member of the community and 30 years 1653 02:49:26,170 --> 02:49:30,820 down the road and especially appealing to the next generations that want to 1654 02:49:29,710 --> 02:49:33,670 make sure that we're doing things that are as you know to use the terms carbon 1655 02:49:32,710 --> 02:49:37,721 neutral or what are we doing to make sure we're making a right environmental 1656 02:49:35,351 --> 02:49:40,570 impact to our community and then the second thing I'd hear a little bit like 1657 02:49:38,980 --> 02:49:46,630 to hear a little bit more about as you talk about engaging and bringing energy 1658 02:49:43,721 --> 02:49:50,561 is if you've pursued or had any interest from organizations that would create 1659 02:49:48,400 --> 02:49:55,090 entertainment space within the mall development whether that's for musical 1660 02:49:52,840 --> 02:50:00,040 acts to come through on a regional basis or comedy or small productions from a 1661 02:49:58,240 --> 02:50:04,660 theater perspective just to see that's another opportunity to draw crowds into 1662 02:50:01,570 --> 02:50:07,900 the mall assess the set up so that you know people go to the restaurants people 1663 02:50:06,160 --> 02:50:11,021 do some shopping they go see a show in addition to the movie theater so we just 1664 02:50:09,851 --> 02:50:14,080 like to hear some more thoughts about both of those elements when you have a 1665 02:50:12,580 --> 02:50:17,280 chance either tonight or in a follow up session thank you 1666 02:50:23,720 --> 02:50:32,430 hi I'm Kim McAuliffe MC a you LIF fe6 mal friendly inverted hills actually had 1667 02:50:30,840 --> 02:50:38,090 no intentions of getting up here tonight and speaking at all but I did want to 1668 02:50:35,220 --> 02:50:42,271 expand on something that Mike had said you know one thing that you guys had 1669 02:50:40,170 --> 02:50:46,860 mentioned it really struck with me too was the comment about this mall being 1670 02:50:44,670 --> 02:50:51,720 about the community and my kid talked about you guys ensure you know reaching 1671 02:50:48,720 --> 02:50:55,351 out to the community reaching out to the school board I don't know if you saw 1672 02:50:53,610 --> 02:51:00,570 there was a group of kids here tonight and these kids were actually planning on 1673 02:50:57,630 --> 02:51:05,190 coming up and speaking they had prepared speeches you know I don't know how many 1674 02:51:03,480 --> 02:51:09,930 times you've had to you know come and present to a town before but I don't 1675 02:51:08,311 --> 02:51:15,690 know how many kids you've probably had you know ten-year-old kids who have 1676 02:51:12,300 --> 02:51:18,360 prepared a speech in front of a village hall like this and I think that's 1677 02:51:16,800 --> 02:51:31,200 something that's probably pretty unique so I would definitely encourage yeah but 1678 02:51:29,311 --> 02:51:34,740 I'm just saying that it probably would be beneficial to have some sort of a 1679 02:51:33,090 --> 02:51:39,420 town hall have you guys come back we're even more residents can come and the 1680 02:51:37,110 --> 02:51:42,660 kids and have the opportunity to share their thoughts so just wanted to make 1681 02:51:41,521 --> 02:51:46,650 sure you guys were aware that there were kids here who are ready to speak on 1682 02:51:45,090 --> 02:51:50,090 behalf of their community and I think that's pretty neat so thank you 1683 02:51:56,030 --> 02:52:05,221 hello James gubbins GU BBI NS 4:13 Larchmont and I've actually lived in 1684 02:52:03,480 --> 02:52:11,011 Vernon Hills my entire life in the same exact house at 413 large mom in fact I 1685 02:52:08,820 --> 02:52:14,641 have pictures of my parents holding me on the second floor of our house under 1686 02:52:12,751 --> 02:52:20,131 construction and the only thing you can see our cornfields and Hawthorn wall 1687 02:52:16,940 --> 02:52:24,721 okay so Hawthorn has been a part of this community since I've been here which is 1688 02:52:22,171 --> 02:52:29,221 45 years and I'm gonna piggyback on what a lot of other people who said this is a 1689 02:52:26,641 --> 02:52:33,091 community and I don't know that you've actually talked to anyone in this 1690 02:52:30,841 --> 02:52:38,160 community did you find that out because we're a family community and we're a 1691 02:52:34,950 --> 02:52:44,521 tight-knit family community and you're talking about bringing in Millennials 1692 02:52:40,620 --> 02:52:47,971 and empty nesters and whatnot that's not what our community is about here and 1693 02:52:46,501 --> 02:52:51,511 it's great if they want if they weren't coming in they want to live here that's 1694 02:52:49,080 --> 02:52:54,961 fantastic but the fact is people come here to raise their families and I think 1695 02:52:54,001 --> 02:52:58,561 that's what a lot of people are concerned about what we're talking about 1696 02:52:56,461 --> 02:53:03,570 adding more housing we just passed a referendum because our schools are 1697 02:53:00,030 --> 02:53:06,811 busting at the seams okay and I'm very concerned about that I have a parent i'm 1698 02:53:05,521 --> 02:53:10,440 parents to children in our school districts and i'm proud of being a 1699 02:53:08,700 --> 02:53:16,381 parent of children in our school districts but the fact of the matter is 1700 02:53:12,780 --> 02:53:20,610 we're all very concerned about adding to the community if we're bringing in more 1701 02:53:18,330 --> 02:53:25,110 children because we are busting at the seams with our schools we're building 1702 02:53:22,200 --> 02:53:29,641 onto our schools now as you heard from from the high school today we're adding 1703 02:53:27,211 --> 02:53:33,391 constantly and that's increasing our tax dollars and I'm afraid that soon I'm not 1704 02:53:32,370 --> 02:53:39,450 going to be able to live in this community that I've grown up in my 1705 02:53:34,711 --> 02:53:42,780 entire life that's insane can I rebut just one piece of that James because and 1706 02:53:41,160 --> 02:53:48,091 I've known Jim for a long time and played golf with him for years 1707 02:53:44,360 --> 02:53:53,521 I'm an empty nester and I'm part of this community and I was an educator for 1708 02:53:50,280 --> 02:53:58,261 30-some years I was on this board when we built Greg's landing and we've been 1709 02:53:55,771 --> 02:54:02,671 pretty good about the estimating the numbers and and this is not an 1710 02:53:59,910 --> 02:54:08,820 estimation we're basing some of this on what's already here the 294 units at 1711 02:54:07,620 --> 02:54:16,590 what used to be called Amalie now Milton is only 22 kids the 200-plus 1712 02:54:12,480 --> 02:54:21,000 units at at at worth is only six so I think we're and and and that people were 1713 02:54:19,500 --> 02:54:24,120 at early meetings when aunt Werth was being talked about 1714 02:54:21,931 --> 02:54:27,660 I estimated at worth was going to be about three times what it has been and 1715 02:54:25,971 --> 02:54:31,351 everybody said it was going to be seventy or eighty or a hundred kids 1716 02:54:29,280 --> 02:54:37,051 those were the numbers being try and and I just want to say we're we're only in 1717 02:54:35,580 --> 02:54:41,940 the beginnings on this and believe me this is one chair that's going to be 1718 02:54:39,870 --> 02:54:45,120 making sure that this doesn't do anything detrimental to the school 1719 02:54:43,410 --> 02:54:50,521 districts because I've given that school district 32 years of my life so and I'm 1720 02:54:47,431 --> 02:55:00,721 still going there on a daily basis so it's it we will be covering that I 1721 02:54:53,610 --> 02:55:04,351 guarantee it and I understand that well that's not where I was going with for 1722 02:55:02,700 --> 02:55:08,370 the majority we are a family community yes and what I heard during this 1723 02:55:06,840 --> 02:55:12,030 presentation was three different things I heard on canisters 1724 02:55:09,721 --> 02:55:17,700 I heard multifamily which scare me a little bit yeah and multi-family 1725 02:55:14,690 --> 02:55:21,870 multifamily just means multiple units in a building which is fine yeah that 1726 02:55:19,980 --> 02:55:27,750 that's all that's all that multifamily only means that it's not a single-family 1727 02:55:24,330 --> 02:55:31,860 home you have you have three different basically you have zero lot line which 1728 02:55:29,971 --> 02:55:36,181 is two homes that are attached you have single family homes and anything else 1729 02:55:33,780 --> 02:55:42,240 becomes multi-family as soon as there's multiple units in a building yeah just 1730 02:55:40,320 --> 02:55:48,570 and that's that's what the term multi-family is gets misunderstood real 1731 02:55:45,360 --> 02:55:56,400 easily yeah one other point I'd like to tack on is that part of the issue and I 1732 02:55:54,601 --> 02:56:02,910 believe it's a significant part of the issue with regard to the schools is that 1733 02:55:59,250 --> 02:56:12,210 we're coming of age and by that I mean that Grosse Pointe Village Hawthorne 1734 02:56:07,261 --> 02:56:19,280 Club although they're not in district 73 but stone fence farm and since 1735 02:56:15,980 --> 02:56:26,911 Centennial's in 73 though right yeah yes but they're all coming of age 1736 02:56:23,311 --> 02:56:33,900 I'm the original owner of my home I live in Hawthorne club down the street here I 1737 02:56:29,570 --> 02:56:40,711 am the only retiree although I'm not truly retired but I am relatively 1738 02:56:38,311 --> 02:56:47,851 speaking I'm 68 years old just in case anybody's keeping track and I'm the only 1739 02:56:44,251 --> 02:56:55,081 person of that genre that age group that really is living on any of the blocks 1740 02:56:50,400 --> 02:57:02,551 near me everybody who was of my age group the Goldmans to one side and the 1741 02:56:59,101 --> 02:57:06,751 Patels on the other side and I can go on and on 1742 02:57:04,110 --> 02:57:14,671 they had their kids they moved out and there was a lull period and now we have 1743 02:57:11,581 --> 02:57:21,181 a whole new series of residents I have two kids to my right I have three kids 1744 02:57:17,971 --> 02:57:25,621 to my left there's two more on the other side and on and on it goes because we've 1745 02:57:24,181 --> 02:57:32,011 reached that point where these communities have reached that age where 1746 02:57:29,851 --> 02:57:39,331 the people that were the original buyers who bought in their 30s and 40s are now 1747 02:57:35,280 --> 02:57:45,030 moving on and in many cases moving into apartments like these folks are talking 1748 02:57:41,791 --> 02:57:49,681 about and that is those homes are being back filled by young folks like the 1749 02:57:47,820 --> 02:57:56,551 people in the back and along the back row there and hither and yon here that 1750 02:57:52,741 --> 02:58:03,301 are having two three four kids and there was a whole process that just got 1751 02:57:58,621 --> 02:58:11,190 overlooked after Yom tomb left as part of that plan that he put in place there 1752 02:58:08,341 --> 02:58:16,411 was supposed to be the ever the the end-all be-all and now all of a sudden 1753 02:58:14,011 --> 02:58:21,211 and then followed by the Zook administration and and now our poor 1754 02:58:19,051 --> 02:58:27,091 school board who know these folks have been in place really for more than six 1755 02:58:24,001 --> 02:58:31,201 eight years they're all kind of holy cow what did we fall into and how do we have 1756 02:58:29,610 --> 02:58:34,369 to deal with it but it's that generational change that 1757 02:58:32,899 --> 02:58:39,949 occurring and it's occurring in deer path - deer path isn't that much older 1758 02:58:36,770 --> 02:58:45,439 than the Hawthorn Club and the other deer path is a lot older well then maybe 1759 02:58:43,459 --> 02:58:51,199 it's going I live words about two blacks from government yeah but my house was 1760 02:58:47,720 --> 02:58:58,789 built in 1976 you know Souter in 1989 correct 88 so maybe maybe you're on the 1761 02:58:56,180 --> 02:59:03,020 second changeover in in deer palate but I guess that's talking about our 1762 02:59:00,439 --> 02:59:13,369 neighbors grace they got 15 kids Oh mice right right you know but but well you 1763 02:59:05,930 --> 02:59:21,289 know what also voted but but it's part of the natural law I understand but hang 1764 02:59:17,479 --> 02:59:26,959 on that that goes to mr. governs point that also goes to Julie's point even if 1765 02:59:24,140 --> 02:59:31,249 this doesn't bring in that many additional students we still have to 1766 02:59:29,239 --> 02:59:35,869 make sure it financially helps the school district because even if we don't 1767 02:59:33,590 --> 02:59:40,550 bring in any more new kids there are kids already there 1768 02:59:37,310 --> 02:59:43,489 so so we trust me that's one of the things at least from this chair that 1769 02:59:42,199 --> 02:59:47,749 we're gonna be paying strict attention to because because I understand that 1770 02:59:45,800 --> 02:59:59,149 situation is there I deal with every day over there so would you like to speak to 1771 02:59:53,239 --> 03:00:07,520 the part of district 73 and where they came from or you know but it doesn't 1772 03:00:01,970 --> 03:00:16,550 make no difference there there I mean they didn't come from new housing 81 did 1773 03:00:13,329 --> 03:00:32,979 181 kids out of the last 14 years yeah last 14 years so we're coming from but 1774 03:00:20,060 --> 03:00:32,979 we still have to sorry I what's it 1775 03:00:33,851 --> 03:00:39,311 yeah yeah yeah 1776 03:00:53,261 --> 03:01:01,610 so okay so you're still gonna explode in numbers if we don't build anything no no 1777 03:00:59,750 --> 03:01:04,670 I mean if nothing else is right and that's and that's one of the goals and 1778 03:01:03,050 --> 03:01:08,811 again that's what I'm talking about one of the goals would be to have this be 1779 03:01:06,230 --> 03:01:13,641 the kind of thing what good what miss Simpson talked about was exactly right 1780 03:01:10,280 --> 03:01:18,351 it's got to be something that brings in additional tax dollars and that's 1781 03:01:15,110 --> 03:01:23,601 positive so that so that what it can do is bring in significantly more than its 1782 03:01:22,101 --> 03:01:28,181 being expended on the students to help pay for the students from the other 1783 03:01:25,311 --> 03:01:31,851 places that are that are there because right and because the people that you're 1784 03:01:30,561 --> 03:01:34,580 talking about with your demographic study are the people that are the best 1785 03:01:33,021 --> 03:01:37,011 in the business because I've dealt with them many times they're out of North 1786 03:01:35,690 --> 03:01:41,120 Carolina and they're they're always right on that on their numbers and 1787 03:01:39,170 --> 03:01:45,261 that's that's where I'm getting a lot of my history with this kind of numbers and 1788 03:01:43,761 --> 03:01:48,830 that comes from the same people you're talking about because Hawthorne has used 1789 03:01:47,061 --> 03:01:55,450 them on a number of occasions and they're they're very very good so 1790 03:01:52,160 --> 03:02:01,550 because their schools are great news schools are great in this town so guess 1791 03:01:58,730 --> 03:02:06,650 what if you put your house out in the market if people want to move here and 1792 03:02:04,130 --> 03:02:12,710 they might be young people and then are gonna have some kids and and me an 1793 03:02:09,410 --> 03:02:17,271 empty-nester Wolves out it's a how we ever you're not gonna change that unless 1794 03:02:15,290 --> 03:02:21,820 we let the schools go into toilet we didn't because we all supported 1795 03:02:19,190 --> 03:02:31,190 everybody up here the 48 million dollar referendum 1796 03:02:23,391 --> 03:02:40,670 I think talk about do 200 million dollars it won't help the town I don't 1797 03:02:38,210 --> 03:02:49,880 think that any one thing I don't think anyone's saying that they did they just 1798 03:02:42,200 --> 03:02:53,030 want to make sure that that's no I don't think that's what people are saying no I 1799 03:02:51,500 --> 03:02:56,811 don't think I don't think I don't think that's what the housing they had to be 1800 03:02:55,431 --> 03:02:59,630 very cautious of what they're building to understand the impact where 1801 03:02:58,160 --> 03:03:05,450 potentially that housing could add that's all most of us are saying and 1802 03:03:02,090 --> 03:03:08,859 nobody wants a farmland back I think I got that 1803 03:03:06,399 --> 03:03:13,479 I think I think they know Juanes may be more of a guarantee that it'll be like a 1804 03:03:10,630 --> 03:03:18,819 55 enough because when you say all kids won't move but there's no guarantee that 1805 03:03:15,220 --> 03:03:23,289 they don't and that's what I'm basing it on if I recall it I think it was 1806 03:03:20,229 --> 03:03:27,909 November 1 on the first phase you had expressed senior housing was something 1807 03:03:25,300 --> 03:03:30,459 that they wanted and they came not with senior housing 1808 03:03:28,869 --> 03:03:35,560 oh no they're this little talk about Bill but aren't you talking about some 1809 03:03:31,930 --> 03:03:48,010 of this potentially being 55 and up no none of it my microphone the initial 1810 03:03:44,859 --> 03:03:56,499 market status did not support it and it just has 55 and up but but did they do 1811 03:03:51,220 --> 03:04:00,249 the market study show mostly truly Millennials and people without kids is 1812 03:03:58,359 --> 03:04:04,329 that what you're really looking at okay so it doesn't really matter to me 1813 03:04:01,720 --> 03:04:09,399 whether they're over 50 or their or their 20 as long as it's not those are 1814 03:04:07,029 --> 03:04:14,680 good kids like 35 right exactly so it's well right as long as it's not big 1815 03:04:11,949 --> 03:04:21,550 enough to really support it just needs to be noted to support eight year old to 1816 03:04:17,709 --> 03:04:25,329 20 year old right and there's no there's no lawns there there's no backyard 1817 03:04:23,109 --> 03:04:30,159 there's no swing set so there's people will always migrate to good school 1818 03:04:27,130 --> 03:04:34,720 districts right the question is is will the benefits outweigh the cost 1819 03:04:32,020 --> 03:04:39,669 way to guarantee without discriminatory housing practices right if people with 1820 03:04:37,180 --> 03:04:45,340 kids won't be there the kids won't be there the question is what are people 1821 03:04:41,560 --> 03:04:48,669 with kids looking for and do the benefits outweigh that when I say the 1822 03:04:47,260 --> 03:04:53,590 benefits I mean the benefits not only to the community but I mean specifically 1823 03:04:50,159 --> 03:04:59,439 property tax dollars that flow directly to the school district is that outweigh 1824 03:04:56,199 --> 03:05:04,449 the cost which is there may be a few things to educate but you guys need to 1825 03:05:01,300 --> 03:05:08,470 educate on our specific case in our district I think you guys need to do 1826 03:05:06,249 --> 03:05:12,069 that and and and and one I'm gonna say one last thing and I'm done but I the 1827 03:05:10,689 --> 03:05:18,810 referendum would not have passed without everyone's support on this board too so 1828 03:05:14,109 --> 03:05:18,810 we that's fully acknowledged 1829 03:05:21,140 --> 03:05:30,390 yeah a third district 73 and who generates the most tape I'm not like I 1830 03:05:28,230 --> 03:05:36,750 said the tax revenue coming out here is well needed everywhere you know the 1831 03:05:32,760 --> 03:05:42,150 sales tax and property tax how much taxes you gotta know that right you have 1832 03:05:39,900 --> 03:05:58,200 to know that that's part of you know your kind the reason I were kind of good 1833 03:05:44,280 --> 03:06:04,590 on it those are the natural was the clearance time is I'm sorry I'm not 1834 03:06:02,370 --> 03:06:10,380 great speaker could you move the microphone close your mouth my name is 1835 03:06:06,750 --> 03:06:15,390 Anita Tova a nine montgomerylane CIT OVA I kinda hope that somebody else would 1836 03:06:12,900 --> 03:06:20,940 bring this matter but I'm not great speaker I actually want to support 1837 03:06:18,260 --> 03:06:25,200 somebody else who toes like maybe you should be more open to other suggestions 1838 03:06:22,680 --> 03:06:28,530 because I'm looking at what you're doing and it's gonna benefit you and us as a 1839 03:06:27,900 --> 03:06:36,450 community no question here it's it's gonna be 1840 03:06:32,400 --> 03:06:40,500 better than it is now but I'm kinda hate to bring it to you 1841 03:06:37,380 --> 03:06:46,080 people buy groceries online more and more we kind of trying to say your time 1842 03:06:43,950 --> 03:06:54,300 to spend it more of is families or somebody something else and grocery 1843 03:06:48,960 --> 03:06:59,400 store it's in a town that already has six or seven right create grocery stores 1844 03:06:56,880 --> 03:07:05,940 and we were talking about okay we're gonna attract people in five mile radius 1845 03:07:01,771 --> 03:07:11,070 seven mile radius but nobody's gonna go even if it's mitsuo would like if it's 1846 03:07:08,130 --> 03:07:14,340 because they have less Jam Mitsu it's always Asian market it's it's famous 1847 03:07:13,170 --> 03:07:18,750 Asian market yes we're like it but if it's something like 1848 03:07:16,230 --> 03:07:26,880 any other store nobody's gonna drive here and it's gonna park here for 1849 03:07:23,190 --> 03:07:33,149 groceries and what I'm trying to say people are paying for experience they 1850 03:07:30,390 --> 03:07:37,020 gonna drive somewhere for experience like for me I'm a mother of 1851 03:07:35,220 --> 03:07:40,829 two kids okay there are a lot of parents we're going to Children's Museum to 1852 03:07:39,840 --> 03:07:48,600 Wisconsin she Chicago Aurora whatever 60 minute 1853 03:07:44,789 --> 03:07:52,949 drive not a question if there are no children museums there's in Glenview 1854 03:07:51,180 --> 03:07:58,829 cause childrens it's kind of old and outdated and everything else it's one 1855 03:07:55,109 --> 03:08:04,560 hour drive around bring some sand for kids so parents from all Hitchcock 1856 03:08:01,649 --> 03:08:09,239 Island would drive here go be go bald it's it's free these times Google Ed 1857 03:08:07,109 --> 03:08:14,039 Koch California call New York like whatever they have guys would do have 1858 03:08:11,970 --> 03:08:20,760 and it's gonna be something different right now you're doing exactly what 1859 03:08:16,439 --> 03:08:25,649 you're doing at Northmoor court and when everyone else we're gonna put more 1860 03:08:22,789 --> 03:08:30,329 housing around and we're gonna put a grocery store it's the same what is 1861 03:08:28,409 --> 03:08:39,270 gonna be different than our mall what's gonna be different from other moves so 1862 03:08:34,499 --> 03:08:43,739 it's like maybe not not we're not criticizing you but maybe if you're open 1863 03:08:41,550 --> 03:08:49,050 to suggestion because we know what's going on one hour here and there yes it 1864 03:08:46,380 --> 03:08:55,499 is a family community a lot of kids here but you wanna bring people from other 1865 03:08:52,169 --> 03:08:58,260 neighborhoods and yes housing I'm not afraid of Millennials they're gonna fall 1866 03:08:56,999 --> 03:09:02,970 in love the girl and I have kids in Canada then they're gonna come to those 1867 03:09:00,209 --> 03:09:13,829 meetings to complain this is how it works so but those people those 1868 03:09:09,810 --> 03:09:17,970 Millennials or first of us like senior communities as Millennials you have to 1869 03:09:16,260 --> 03:09:23,850 choose because you know it's gonna have bad reputation Millennials wanna party 1870 03:09:20,520 --> 03:09:29,880 people overseas they're gonna be in bed like watching Netflix done and seriously 1871 03:09:27,149 --> 03:09:35,220 it's you have to work anything I used to leave an apartment complex I know how it 1872 03:09:31,800 --> 03:09:40,439 is so we're not made of money is it not gonna be made of money it's 1873 03:09:37,109 --> 03:09:46,900 not like even if it's so close to mow it's not like they're gonna go out every 1874 03:09:42,869 --> 03:09:52,061 night that's why I'm talking about Samson that gives people an experience 1875 03:09:49,240 --> 03:09:58,301 and if his children museum it could be after school program or summer camp or 1876 03:09:55,500 --> 03:10:04,480 families with children says those are people were going to spend more money 1877 03:10:00,551 --> 03:10:11,620 than some empty nesters yes they're gonna have fun but we cannot go in by 1878 03:10:07,690 --> 03:10:17,801 dress or dinner every night this is we we need to drop some people from other I 1879 03:10:15,160 --> 03:10:27,881 don't know from Wisconsin even and another thing I do for a few reasons 1880 03:10:23,801 --> 03:10:33,280 yeah and another thing no I mean it's it seems like far away but we're going 1881 03:10:30,131 --> 03:10:41,710 there to their museums do they come here maybe Chicago but what another thing 1882 03:10:36,460 --> 03:10:47,891 even like there was a kind of mistake with the melody form and sorry 1883 03:10:44,591 --> 03:10:52,750 we got the parking lot with the restaurant on the side it should be 1884 03:10:49,601 --> 03:10:58,841 other way around and in your project and your slides I see the same problem same 1885 03:10:55,990 --> 03:11:04,420 problem I understand it just some slides but the thing is like cars going on the 1886 03:11:02,710 --> 03:11:09,580 street people are across and believe me I went to melody from three times and 1887 03:11:06,790 --> 03:11:14,891 I'm holding my kid because drivers are frustrated they cannot Drive pedestrians 1888 03:11:12,820 --> 03:11:18,610 are frustrated they cannot cross it stop everywhere people here and there in cars 1889 03:11:17,141 --> 03:11:25,601 and it's frustrating you won't I wish every developer would 1890 03:11:23,170 --> 03:11:33,190 load from Ikea you want us to spend money keep our keys busy like you see 1891 03:11:29,771 --> 03:11:37,061 you show this green space okay it's just commercial when there is a kid running 1892 03:11:35,351 --> 03:11:40,990 around this green space there it's not going to happen 1893 03:11:37,811 --> 03:11:48,400 there it should be something for kids so they could be busy and inside the mode 1894 03:11:45,160 --> 03:11:54,790 it should be a great idea or at the yes we can have wine or cars or whatever if 1895 03:11:51,460 --> 03:12:00,229 kids are busy we can shop like one parent watch yes what you this is at the 1896 03:11:58,990 --> 03:12:05,839 end you want to spend more money you want us to spend 1897 03:12:02,659 --> 03:12:10,489 more money for Texas right but we cannot spend our money for holding our kids 1898 03:12:08,209 --> 03:12:16,189 with our hands okay there are cars and you know what nothing to do and that's 1899 03:12:13,789 --> 03:12:22,909 it just keep them busy like IKEA does so we can go there and 1900 03:12:19,009 --> 03:12:30,020 buy furniture so sorry that was about it and if green space it should be green 1901 03:12:25,310 --> 03:12:34,039 space pedestrians it should be place for pedestrians not like here park in here 1902 03:12:32,299 --> 03:12:39,140 park and here's table from some restaurant here parking I I didn't see 1903 03:12:38,029 --> 03:12:47,779 how it's gonna be pedestrians family friendly thank you 1904 03:12:42,319 --> 03:12:53,299 thank you thank you you did pretty good for summer yay who is afraid of public 1905 03:12:50,089 --> 03:12:56,569 speaking you did real good and I just want to clarify something because I 1906 03:12:55,189 --> 03:13:00,890 didn't want to sound like I was making up the senior housing it's right in your 1907 03:12:58,299 --> 03:13:05,479 presentation the project development thing that some of it may be dedicated 1908 03:13:02,509 --> 03:13:31,729 to see now see okay I just when you said okay well when you said no when I said 1909 03:13:07,459 --> 03:13:37,449 that it sounded like hello Andrew Davis div is 35 Montebello Drive and I have no 1910 03:13:34,850 --> 03:13:41,839 idea how I'm going to follow that act I am a father of two kids a third on the 1911 03:13:40,310 --> 03:13:50,989 way so I'm contributing to the overcrowding I apologize for taking 1912 03:13:47,509 --> 03:13:53,749 ownership that's right well I had to give dr. Oppenheim more business that's 1913 03:13:52,759 --> 03:14:01,430 the first thing thank you thanks for the plug as well so 1914 03:13:57,229 --> 03:14:06,079 teachers like you right off and I'm not gonna hammer on the school district 1915 03:14:03,949 --> 03:14:09,949 considerations because that's been well discussed as it is right now what I'm 1916 03:14:08,479 --> 03:14:13,159 gonna bring up is I actually lived in Columbus Ohio for four years so I'm 1917 03:14:11,449 --> 03:14:15,319 actually very familiar with Eastern town mall 1918 03:14:13,580 --> 03:14:18,470 something that was brought up during the presentation was that you want to make 1919 03:14:16,729 --> 03:14:22,569 it a destination which attracts people not just five and seven miles out the 20 1920 03:14:20,540 --> 03:14:27,380 miles out right that was I believe components of the presentation and what 1921 03:14:25,939 --> 03:14:33,439 I would like to point out is that when I lived in Ohio the idea that there were 1922 03:14:30,050 --> 03:14:37,970 apartments or additional local people living at Easton wasn't necessarily a 1923 03:14:35,899 --> 03:14:42,800 draw to someone like me who lived in the northwest side of the city there would 1924 03:14:40,160 --> 03:14:46,100 be times and we would decide to skip for those familiar with Columbus there's 1925 03:14:44,210 --> 03:14:51,229 malls basically at the four corners of the town we would skip going to a 1926 03:14:49,250 --> 03:14:54,649 Polaris Parkway or a total crossing which are some of the main competitors 1927 03:14:52,550 --> 03:14:58,880 of Easton and go to Easton because it did have some interesting food options 1928 03:14:56,390 --> 03:15:02,479 and and retail options but it wasn't necessarily because of the overall 1929 03:15:00,920 --> 03:15:06,680 atmosphere there was different experiences such as like the funny bone 1930 03:15:05,120 --> 03:15:09,770 or other comedy clubs I believe there's there's a Dave & 1931 03:15:08,060 --> 03:15:15,950 Buster's which we already have but I guess my point is is that how essential 1932 03:15:13,850 --> 03:15:21,140 since this is a conceptual meeting how essential is the concept of adding 1933 03:15:18,399 --> 03:15:27,470 residential space versus other potential opportunities is it requisites to making 1934 03:15:25,640 --> 03:15:32,120 this a success and the reason I ask is because we're talking high level concept 1935 03:15:29,600 --> 03:15:37,580 just because it is a quote unquote textbook approach does that mean it's 1936 03:15:35,750 --> 03:15:42,319 the only approach or the right approach or is there a novel or other alternative 1937 03:15:39,710 --> 03:15:49,160 I'm not necessarily saying I'm against the housing assuming it could be you 1938 03:15:45,140 --> 03:15:53,600 know Millennials or or 55 and up where it's low amounts of children it's just 1939 03:15:51,229 --> 03:15:57,740 I'm curious what are the alternatives that could exist that could still be 1940 03:15:55,670 --> 03:16:06,020 economically viable that that's more what I'm wondering so thank you and and 1941 03:16:04,580 --> 03:16:11,530 one thing to keep in mind as we talk about this in terms of dollars for a 1942 03:16:08,899 --> 03:16:19,399 School District hotels are the best because their their 1943 03:16:16,010 --> 03:16:25,370 value per square foot is the highest with zero children then second is 1944 03:16:23,000 --> 03:16:28,910 high-end residential because again dollars per square foot 1945 03:16:27,260 --> 03:16:34,729 actually at the bottom is retail because of all the value of retail is is the 1946 03:16:32,180 --> 03:16:41,210 shell because everything inside of it is is is is not taxable in terms of Arista 1947 03:16:39,050 --> 03:16:46,939 a property tax which again going back to what was said by Miss Simpson its 1948 03:16:43,279 --> 03:16:52,010 property tax is the problem but with the system we've got now the the residential 1949 03:16:49,700 --> 03:16:58,760 actually if it brings in no kids or brings in few kids is actually a cash 1950 03:16:55,580 --> 03:17:02,390 plus for the district and and that's what that's one of the things I'd like 1951 03:17:00,410 --> 03:17:26,750 to be shooting for in terms of the residential president we didn't have any 1952 03:17:22,880 --> 03:17:34,399 money you know so you know I mean that's part of the issue and and got 4,500 kids 1953 03:17:30,020 --> 03:17:46,370 right now I mean the serious property what was your tax liability reduction 1954 03:17:37,880 --> 03:17:51,439 that you got from the Assessor and the same with the Carson's property so 1955 03:17:48,760 --> 03:18:03,590 school district right now if we do absolutely nothing is going to lose a 1956 03:17:54,040 --> 03:18:06,890 significant amount of the when this topic came up about a month ago I 1957 03:18:05,270 --> 03:18:14,210 checked with the Vernon Township Assessor right who indicated that when 1958 03:18:10,310 --> 03:18:19,670 boxes go vacant typically you expect to see about a 50% reduction in the 1959 03:18:17,090 --> 03:18:24,890 assessed value of that property kind of right off the bat yeah so if that's the 1960 03:18:22,370 --> 03:18:28,640 case that translates into fifty percent reduction in those tax dollars as well 1961 03:18:26,660 --> 03:18:36,399 maybe the Libertyville Township successor is a little less lenient but 1962 03:18:32,330 --> 03:18:40,431 you know across the board yes understood this yeah it's the purpose of this 1963 03:18:39,290 --> 03:18:45,170 meeting really was to establish whether or not 1964 03:18:42,471 --> 03:18:51,551 there was a satisfactory amount of information provided to allow the the 1965 03:18:48,860 --> 03:18:58,221 petitioner annex at his discretion discretion whether or not to go to 1966 03:18:54,200 --> 03:19:04,610 technical review and I think if there's no one else wishing to speak we probably 1967 03:19:00,320 --> 03:19:09,110 need to form a consensus here there we don't vote even and go into technical 1968 03:19:07,431 --> 03:19:18,471 reviews right when this is near there so I pull dr. I'll start with you well do 1969 03:19:13,730 --> 03:19:25,851 we have any more citizens we're gonna be back here about eight more times and by 1970 03:19:23,120 --> 03:19:30,290 the way this is our town hall and we're having a meeting here so in a way it's a 1971 03:19:28,160 --> 03:19:33,440 town hall meeting week anytime we have committee of the whole 1972 03:19:31,280 --> 03:19:37,790 it it's that's our town-hall meeting any anything that ever comes before this 1973 03:19:35,540 --> 03:19:41,780 board that's the reason we do it as a committee of the whole as to a lot of as 1974 03:19:39,620 --> 03:19:44,960 opposed to other communities that have a Finance Committee and a building 1975 03:19:43,670 --> 03:19:49,521 committee and this committee and that committee we do it as a committee of the 1976 03:19:46,670 --> 03:19:55,160 whole so that the entire board can hear the same presentation and can hear all 1977 03:19:52,551 --> 03:19:58,330 of the citizens comments on anything that comes before us that's why we do it 1978 03:19:57,080 --> 03:20:05,420 in a committee of the whole fashion every meeting that we have a resident is 1979 03:20:03,320 --> 03:20:09,730 allowed to come up and speak if something is not on there every meeting 1980 03:20:30,761 --> 03:20:33,761 yep 1981 03:20:37,419 --> 03:20:45,879 well we mentioned that this was going to be up this was their last roof tonight 1982 03:20:41,949 --> 03:20:53,439 and our last presentation you should know that because this is just and why 1983 03:20:51,279 --> 03:21:01,539 don't you come up so people couldn't in - you wanna introduce introduce yourself 1984 03:20:57,249 --> 03:21:06,220 since you're making comedy yeah I the point I'm making is this is a 1985 03:21:03,749 --> 03:21:11,169 generational improvement this is this is something that is going to last and be 1986 03:21:09,249 --> 03:21:14,829 with the town for a long time Thank You mr. Levine for coming all the 1987 03:21:12,999 --> 03:21:22,659 way from Texas but the malls been here 50 years but this improvement but I know 1988 03:21:18,430 --> 03:21:28,600 what the improvement it's important enough that rather than to put an agenda 1989 03:21:25,149 --> 03:21:35,770 out on Friday and say well on Tuesday that's your chance to come out you know 1990 03:21:32,169 --> 03:21:42,340 something a little well well-thought-out broadcast maybe an opportunity for an 1991 03:21:38,739 --> 03:21:48,850 even larger crowd you put together you know a true workshop and I'll help you 1992 03:21:45,579 --> 03:21:55,029 get lots of people really if that's what you want and we did that we did that for 1993 03:21:51,069 --> 03:22:10,359 the we did that for for the shop so Craig's landing in front we had we had a 1994 03:21:56,739 --> 03:22:23,529 weird a special meeting bring heaters and it'd be warmer than here so now the 1995 03:22:20,890 --> 03:22:28,390 people that came here tonight that's why we asked for their names then so we'll 1996 03:22:25,569 --> 03:22:33,879 tell them every time these guys are ever coming back before us while we do it you 1997 03:22:30,879 --> 03:22:38,590 should understand we don't know but you understand what I'm saying right Roger 1998 03:22:36,550 --> 03:22:43,060 let me let me say something because I've been getting a lot of feedback from the 1999 03:22:39,999 --> 03:22:46,090 community as well love it wouldn't hurt if that's what they want we'll get the 2000 03:22:44,350 --> 03:22:49,090 high school auditorium will say this is the date 2001 03:22:46,749 --> 03:22:54,240 I'm sure Santana will be more than happy to come in and get feedback from the 2002 03:22:50,580 --> 03:22:59,521 munity yes or no there you go Roger app he Don's right you can't 2003 03:22:57,330 --> 03:23:04,021 expect sending out a notice even on Facebook a week before let's let's send 2004 03:23:01,710 --> 03:23:09,530 it out a month in advance I bet you we could get a big crowd and let's just get 2005 03:23:05,640 --> 03:23:16,470 the feedback and not hurt forget I guess Roger didn't know not enough but I 2006 03:23:13,440 --> 03:23:20,130 wanted some more okay I want to give a month advance notice I want to get the 2007 03:23:18,811 --> 03:23:23,850 auditorium at the high school Libertyville did it when they had a big 2008 03:23:21,720 --> 03:23:29,640 building project I'm Butterfield that they got shut down okay they gave 2009 03:23:26,311 --> 03:23:32,940 advance notice I if Rick cambric was here maybe he put it in the paper let's 2010 03:23:31,380 --> 03:23:36,990 give an advance notice and let's just let's just have a town hall meeting and 2011 03:23:34,710 --> 03:23:40,680 half centennial come in and let as many of the commute as many people in the 2012 03:23:38,370 --> 03:23:45,300 community come in it cannot hurt yeah you wanted to SARM all your critics 2013 03:23:42,870 --> 03:23:56,940 exactly would say this was this was done you know exactly do you ever deserve all 2014 03:23:51,420 --> 03:24:10,880 the critics and anything no I mean Gregg's Landing love Menard so let's get 2015 03:24:05,580 --> 03:24:17,640 back to my point there's only about 27,000 people in town I get it no you 2016 03:24:14,700 --> 03:24:21,780 don't I knew right thing is we we get enough feedback from you know on text 2017 03:24:20,400 --> 03:24:25,650 and everything yeah that would be a great idea I think more people would 2018 03:24:23,220 --> 03:24:35,750 show up and Don is present of HOA you're gonna stay we're gonna have a median a 2019 03:24:37,610 --> 03:24:46,290 there's nothing to be upset about her to argue the point there's no reason not to 2020 03:24:41,550 --> 03:24:51,750 do but no but you know if if if something has to be discussed we could 2021 03:24:48,600 --> 03:24:57,330 discuss it and and you know what we have and we could share this with the all the 2022 03:24:54,660 --> 03:25:03,480 residents here the papers we have in our hand right we'll put this online 2023 03:25:00,330 --> 03:25:06,350 everybody can copy it and it shows how many 2024 03:25:03,859 --> 03:25:12,109 kids coming out of every subdivision we approve roses 10 years well I think they 2025 03:25:09,739 --> 03:25:22,669 got that point they got that funny I think they did get that you know I think 2026 03:25:14,180 --> 03:25:27,499 they got that point but I but there would be no money in that school 2027 03:25:24,229 --> 03:25:31,729 district anybody disagree with that statement it's it's it's irrelevant to 2028 03:25:30,199 --> 03:25:37,069 what we're talking about yeah yeah I'd like to go back to work 2029 03:25:33,529 --> 03:25:43,310 I started a few minutes ago so right now what we received tonight was a very this 2030 03:25:40,729 --> 03:25:48,739 was this might have even been outer space I mean it was at the hundred and 2031 03:25:46,010 --> 03:25:53,779 fifty thousand foot level it wasn't even the 50 thousand foot level you guys have 2032 03:25:51,560 --> 03:25:59,449 got a lot more homework to do with that being said that's part and parcel of 2033 03:25:56,119 --> 03:26:04,699 what technical review is and technical review is where our staff starts looking 2034 03:26:02,539 --> 03:26:10,819 at what they're talking about what sees well what's not feasible what's within 2035 03:26:07,039 --> 03:26:18,140 the scope of our codes what's outside the codes what requires special 2036 03:26:14,680 --> 03:26:22,399 approvals variances a lot of this is going to require variances just of the 2037 03:26:20,359 --> 03:26:29,539 nature of itself and that'll all go through public hearings via Planning and 2038 03:26:25,640 --> 03:26:36,109 Zoning but Before we jump the gun to a town hall I'd like for a staff to start 2039 03:26:33,379 --> 03:26:40,789 with the technical review right if we have consensus amongst the board here 2040 03:26:38,539 --> 03:26:47,899 that this was a sufficient amount of information provided to us to give our 2041 03:26:45,010 --> 03:26:54,220 blessing so to speak to move forward with that being said they don't need our 2042 03:26:50,749 --> 03:26:58,850 blessing to go to technical review it's them it's their own so everybody who 2043 03:26:56,689 --> 03:27:12,999 doesn't want if we in and this is a good thing to do for the town I'd certainly 2044 03:27:11,090 --> 03:27:17,330 appreciate you coming up here and and I'm thrilled that you want to invest in 2045 03:27:17,060 --> 03:27:22,580 the into the mall because without it we all 2046 03:27:20,420 --> 03:27:26,980 know what would happen um I do have some concerns about the layout and a few 2047 03:27:24,110 --> 03:27:33,140 other things here but but I'm all for you doing whatever you can to to make 2048 03:27:30,500 --> 03:27:39,650 this not only viable but an exciting facility for the next generation to come 2049 03:27:35,930 --> 03:27:46,550 to so I really appreciate that so we just mean we need some more details and 2050 03:27:42,350 --> 03:27:52,550 and tweak certain things and and make sure you know make make sure even what 2051 03:27:49,580 --> 03:27:59,120 you're planning is viable but thank you for coming yeah number one this is 2052 03:27:55,430 --> 03:28:04,880 private property it's your property so you know you are the key stakeholder 2053 03:28:02,240 --> 03:28:09,260 here with that being said you know you've got a lot of good feedback 2054 03:28:06,530 --> 03:28:14,390 tonight from these for good folks that showed up tonight and I'd like to see 2055 03:28:12,050 --> 03:28:19,640 again more meat on the bone but that'll occur as part of technical review and 2056 03:28:17,240 --> 03:28:24,620 priority going to Planning and Zoning I think that would be the perfect 2057 03:28:21,140 --> 03:28:28,490 opportunity then to have a town hall if that's what the community is looking for 2058 03:28:26,660 --> 03:28:33,590 and it definitely sounds like that it's a reasonable thing to do but at this 2059 03:28:30,740 --> 03:28:38,750 juncture I think we've gotten enough of a feel for where you want to take it 2060 03:28:36,010 --> 03:28:45,440 that I'm all in favor of you moving forward to technical review and to in 2061 03:28:41,000 --> 03:28:50,330 fact add that meat to the bone I agree with what's been said the the one thing 2062 03:28:48,260 --> 03:28:54,980 I would add is that we're this is way too early we haven't even begun to talk 2063 03:28:52,490 --> 03:29:01,910 about the financing and incentives and stuff which is a huge component we'll 2064 03:28:58,910 --> 03:29:06,680 get to that afterwards but yeah there's still an awful lot of numbers your plan 2065 03:29:04,190 --> 03:29:09,130 needs to lose any concept of townhomes I mean that 2066 03:29:10,689 --> 03:29:18,340 don't not not even not even you know yeah shaver was even Adam Thunder 2067 03:29:16,479 --> 03:29:24,070 picture because now you know that's gonna okay you know and we had of two 2068 03:29:22,300 --> 03:29:28,570 and AF our meeting to say afternoon would staff and end with the guys from 2069 03:29:26,260 --> 03:29:36,040 Centennial there was no discussions of townhomes at all okay just just an 2070 03:29:31,060 --> 03:29:39,729 apartment just apartment okay yeah well you got to take that off at her well 2071 03:29:37,780 --> 03:29:43,420 also I also had one other item of request lists I mean talking about being 2072 03:29:41,979 --> 03:29:48,160 a destination think about the possibility of an of an ice rink 2073 03:29:45,880 --> 03:29:51,280 of some kind because we've got glacier right there and and I know they could 2074 03:29:49,870 --> 03:29:55,840 use a third sheet and that might help but make a make it be a another thing 2075 03:29:53,860 --> 03:29:59,050 that you could add to be part of the destination but otherwise I'm going to 2076 03:29:57,670 --> 03:30:03,610 go forward and look at it but there's a lot of questions still to be answered 2077 03:30:00,840 --> 03:30:07,720 okay I've said too much tonight of course I want you to go forward I don't 2078 03:30:06,040 --> 03:30:11,500 you don't want that at home all they'll go fallow 2079 03:30:08,530 --> 03:30:21,130 you'll lose your three million dollars the district 73 I know you don't know 2080 03:30:15,340 --> 03:30:25,600 that do your president it's a good what death well that's why we're here but I 2081 03:30:23,620 --> 03:30:30,120 don't want to take two years to approve this because it will fail 2082 03:30:34,080 --> 03:30:44,260 something has to be done this is a start again we're gonna communicate over and 2083 03:30:41,710 --> 03:30:51,040 over and the input from our residents is extremely important but I would like to 2084 03:30:48,430 --> 03:30:56,729 see this go forward there is definitely something that could be done and I think 2085 03:30:53,170 --> 03:30:56,729 we can all work together do it 2086 03:31:05,690 --> 03:31:12,440 look look everyone knows that something needs to be done there there's you know 2087 03:31:10,730 --> 03:31:16,940 that that is not the question I just think the community would just like to 2088 03:31:14,900 --> 03:31:20,900 make sure they have some input you know your concept is great obviously you're 2089 03:31:19,190 --> 03:31:24,980 gonna tweak it based upon the feedback you get from the community and also the 2090 03:31:22,700 --> 03:31:31,610 village board and really the staff here that works with you guys on a daily 2091 03:31:26,420 --> 03:31:34,851 basis as long as the community has some input you know it's I think you're 2092 03:31:33,500 --> 03:31:38,990 you're gonna be fine so as far as a technical review absolutely I think 2093 03:31:36,950 --> 03:31:43,610 people have to understand the process because stuff went out on Facebook as 2094 03:31:40,820 --> 03:31:47,330 far as how stuff gets approved and you know this is just concept you know they 2095 03:31:46,040 --> 03:31:51,440 just want to get a feel for you know what the staff cuz they did all the work 2096 03:31:49,190 --> 03:31:54,650 initially you can't stop anyone from coming to the village and cocoa and good 2097 03:31:53,120 --> 03:31:57,891 staff hey we want to come and do this in the village and then it comes before us 2098 03:31:56,271 --> 03:32:01,790 and say hey what do you think based upon their meetings with the staff so by no 2099 03:31:59,960 --> 03:32:06,230 means we were not privy to any of this information so nothing was quote-unquote 2100 03:32:03,760 --> 03:32:11,120 pre-approved well you know you know before this meeting ever started so I 2101 03:32:08,660 --> 03:32:16,700 think that you know the village board is wide open to the community and so is 2102 03:32:13,220 --> 03:32:19,670 Roger no question about it so I think as long as we get through this technical 2103 03:32:18,080 --> 03:32:25,061 review and you're open to having the community giving them a chance to have 2104 03:32:21,200 --> 03:32:25,061 them put them - should do very well 2105 03:32:27,070 --> 03:32:34,550 thank you echo what everybody else said I think 2106 03:32:31,250 --> 03:32:42,380 that residents don't want more kids 55 and over would be ideal as a mom of four 2107 03:32:39,340 --> 03:32:47,540 kids little ones I would like to see more activities for them a person that 2108 03:32:45,710 --> 03:32:52,580 does not like the cold weather somewhere we can take them when it's really cold 2109 03:32:49,340 --> 03:32:57,740 outside I love your concept but the residents are ultimately what the ones 2110 03:32:56,061 --> 03:33:03,170 that kind of make the decision because that's what we based our vote off of so 2111 03:33:00,620 --> 03:33:05,680 but we can go to technical review and continue the process 2112 03:33:06,060 --> 03:33:15,119 the speech obviously your spirit experience developers you understand the 2113 03:33:13,020 --> 03:33:21,299 concept review is just that it's theoretical it's an idea to get a little 2114 03:33:18,329 --> 03:33:27,989 bit of advance preview into the thought process of the the residents as well as 2115 03:33:25,079 --> 03:33:33,510 the board members granting concept approval if you will or saying it's okay 2116 03:33:31,140 --> 03:33:37,109 to go ahead to technical review is not a guarantee that the project ultimately 2117 03:33:35,579 --> 03:33:41,430 will be approved that any zoning approvals would be given or that there 2118 03:33:38,970 --> 03:33:46,560 will be any variances from any of those zoning approvals that has to go through 2119 03:33:43,379 --> 03:33:51,299 the the the process as you know to the residents that are here and everyone 2120 03:33:48,989 --> 03:33:55,379 else I would add that going through technical review we've tossed that turn 2121 03:33:53,220 --> 03:34:01,859 around several times tonight that's a process that can take several weeks 2122 03:33:58,319 --> 03:34:06,629 several months to go through for for for the developer to come through put it do 2123 03:34:04,409 --> 03:34:12,029 the necessary engineering the necessary architecture all of the necessary things 2124 03:34:09,029 --> 03:34:17,339 that go into building a project of this scope so there certainly is as the mayor 2125 03:34:15,569 --> 03:34:22,680 said a number of opportunities for additional comment in the future having 2126 03:34:19,739 --> 03:34:26,369 said that given the amount of time it takes to go through that there certainly 2127 03:34:24,779 --> 03:34:33,060 is the ability I spoke with the village manager about working to get advance 2128 03:34:30,209 --> 03:34:36,299 notice of some of these meetings it's not gonna it's not going to come out of 2129 03:34:34,229 --> 03:34:40,199 Friday and then Tuesday they don't just show up we're gonna see things weeks 2130 03:34:38,339 --> 03:34:43,890 ahead staff is going to be approving them and so certainly there's an 2131 03:34:41,760 --> 03:34:49,319 opportunity through Facebook through cable channel through other meet social 2132 03:34:47,129 --> 03:34:54,029 media other means that we have to get the message out as to when quote the 2133 03:34:51,180 --> 03:34:59,010 next meeting will be and certainly we can do that and and make sure that the 2134 03:34:56,310 --> 03:35:03,539 public is given adequate notice to to come forward with that so 2135 03:35:01,729 --> 03:35:06,979 developer you understand how you understand you've been through this 2136 03:35:04,799 --> 03:35:10,939 several times you've heard the speech so concept approval is what it is 2137 03:35:17,000 --> 03:35:30,540 you know if I you know if I sit up here and I have to be sometimes the bad cap I 2138 03:35:27,110 --> 03:35:36,080 will be because this isn't the first time we've done a project like this and 2139 03:35:32,670 --> 03:35:41,490 this is a 50 year old you know institution in town and we better treat 2140 03:35:39,120 --> 03:35:45,110 them with some love because we don't want deco and fellow that's all I'm 2141 03:35:44,250 --> 03:35:50,641 gonna say and if I'm sitting here and I ain't no 2142 03:35:48,271 --> 03:35:55,620 thing that some of you folks don't know I'm gonna try to clarify things you know 2143 03:35:53,400 --> 03:36:00,000 I don't want it you just think we're starting from square one 2144 03:35:57,391 --> 03:36:07,470 we're not that would these guys not with that mall okay it's important it's very 2145 03:36:04,620 --> 03:36:12,540 important you know it's generated tens of millions of dollars for this 2146 03:36:10,351 --> 03:36:18,200 probably more than it's probably you know fifty million dollars over the 2147 03:36:14,880 --> 03:36:24,360 years just in sales tax revenue okay so you know let's be nice to these guys 2148 03:36:20,820 --> 03:36:27,240 don't treat them like the enemy thank you 2149 03:36:24,720 --> 03:36:38,190 is there a motion to adjourn the meeting oh all in the case a guy the eyes have 2150 03:36:34,681 --> 03:36:42,110 it thank you the meetings over and this won't be the first I will be here