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Agreement on $46.5 million village incentive makes Hawthorn Mall redevelopment official
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Updated 4/13/2021 8:20 PM
Vernon Hills plans to pay $46.5 million in incentives to help bring about the redevelopment of the 1970s-era Hawthorn Mall, long considered the village s retail centerpiece.
That amount emerged after lengthy negotiations with mall owner Centennial Real Estate. The Dallas-based company is proceeding with a $252 million plan called Hawthorn 2.0 to reinvent the 1.3 million-square-foot center at Townline Road (Route 60) and Milwaukee Avenue (Route 21).
Village contributions are the meat of a pending redevelopment agreement, which details conditions, schedules and obligations of both parties. The bulk of the payments would come from a tax increment financing district fund that grows as the value of property increases.
Vernon Hills to budget for summer activities with fingers crossed
With fingers crossed, Vernon Hills leaders will be budgeting for Summer Celebration. If it proceeds, the long-running festival likely will be in a different format. John Starks | Staff Photographer, 2017
Posted2/23/2021 5:15 AM
Vernon Hills isn t writing off big events this summer or fall, but whatever is held will be different from typical activities of the past.
The Arbortheater concert series and Fourth of July fireworks, for example, likely will proceed. But because of unknowns involving the coronavirus, planning events involving large gatherings is a work in progress, village officials say.
We just don t know where things will be trending in the next few months, Village Manager Mark Fleischhauer said.
(AP Photo/Steven Senne)
The Vernon Hills Village Board is considering limiting the types of flavored vape, e-cigarette, and tobacco products a business can sell within the village limits. This potential policy, part of a larger discussion to ban the sale of these products within the village altogether, is arbitrary and would harm many small businesses in Vernon Hills.
Often times, the goal of these types of policies is to limit use of a “sinful” product, but these practices are discriminatory to small businesses. Village Manager Mark Fleischhauer reported, “15 businesses within town are licensed to sell tobacco and vaping products. About half those businesses sell flavored products, with one business in particular, Artisan’s Vaping, selling it as their main focal point. While nothing is formal on any ban, trustees kicked around the idea of a grandfather clause if such a thing materialized.”
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