ST. JOHN | Town officials are eagerly awaiting the revised plans for a 156,000-square-foot commercial subdivision on U.S. 41 south of Lake Central High School.
Town Manager Steve Kil said the developers recently met with the town to discuss the project and were asked to make a few changes. He expects the developers to bring the revised plans to the town in early May.
The concept of a commercial subdivision with 13 separate buildings for retail and restaurants is a new one for St. John, Kil said. It is proposed for a 21-acre site between 93rd and 97th Avenues. The developers have not revealed who any of the potential businesses might be, he said.
"It's a new concept, and we're looking forward to working with them. After our first meeting, there were several changes we requested in the plan, and they want more details on the off-site improvement. They need roadway improvements and signalization improvements."
The site is in the town's tax increment financing district, and Kil said he expects the developers to seek some sort of abatement incentives for the project. He estimated the project could cost $20 million.
"We've been preparing for years for something like this, and we look forward to this project moving ahead," Kil said. "That's why we are in the middle of updating our comprehensive plan and thoroughfare plan. We anticipated things like this would be happening, and we want to be ready for them. Our initial meeting with the consultant on the comprehensive plan is next week."
Kil said the developer, whom he wouldn't name, is a local one the town has worked with in the past and who has a number of commercial developments around Lake County.