Elk Grove Village officials have unveiled four redevelopment proposals for transformation of the town s oldest shopping center at what is the village s northern gateway. Here s a rundown of them.
Elk Grove Village trustees on Tuesday enacted a series of ordinances establishing a new tax increment financing district that includes that oldest shopping center in town and the long-standing bowling alley that closed last month.
Elk Grove Village is paying $12.7 million to buy a shopping center at the northern gateway to town, with an eye toward redevelopment that officials say will preserve some iconic businesses there, but close at least one of them.