Crestwood TIF

Lindbergh not taking position on mall yet, will wait and see on Walpert proposal

Mount Crestwood at the mall site in June, before bulldozers started bringing down the leftover dirt mounds. Photo by Jessica Belle Kramer. By Gloria Lloyd News Editor glorialloyd@callnewspapers.com As the announcement last week of a possible restart of new development at the former Crestwood mall site reignited ongoing conversations surrounding any potential new redevelopment, some

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Crestwood official laments lack of activity at mall site

By Mike Anthony Executive Editor news1@callnewspapers.com A Crestwood alderman last week lamented the lack of progress on the redevelopment of the former Crestwood Plaza and wondered if mall owner UrbanStreet Group of Chicago is the right developer for the project. Ward 1 Alderman Darryl Wallach said he is “disappointed” with UrbanStreet’s efforts to redevelop the

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School board member pushes for changes to state’s TIF law

Pictured above: The Crestwood mall site. By Mike Anthony Executive Editor news1@callnewspapers.com Lindbergh Board of Education Treasurer Mike Tsichlis is pushing hard for state legislation that would allow school districts and other taxing entities to opt out of tax-increment financing districts. At the last Board of Education meeting, Tsichlis reported that he and fellow board

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Specifics remain elusive on redevelopment of mall

“Call the Tune” by Mike Anthony Executive Editor news1@callnewspapers.com Hardly a day goes by without someone asking about the status of UrbanStreet Group of Chicago’s roughly $104.3 million mixed-use redevelopment of the former Crestwood Plaza at Watson and Sappington roads. While demolition appears to be complete, it doesn’t appear much else is happening there other

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UPDATED: Crestwood aldermen grant 60-day extension for mall demolition

The Crestwood Board of Aldermen adopted an ordinance granting a 60-day demolition extension to the developer of the former Crestwood Plaza site at Watson and Sappington roads. The Board of Aldermen voted unanimously Tuesday night to approve the ordinance amending a redevelopment agreement between developer UrbanStreet Group of Chicago and the city to provide for

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