Politics & Government
Mayor Seeks More Retail, Restaurant Space
With Borders and George's What's Cooking buildings becoming office buildings, ideas are sought to generate sales tax in Lake Cook corridor.
After two well known Deerfield properties left the sales tax rolls in the last few months, started seeking solutions at Monday’s Village Board meeting.
Frustrated that the former and the former will become medical office buildings, Rosenthal expressed a desire to see properties south of Lake Cook Road generate revenue to the Village.
Though Deerfield and the receive their share of property tax receipts, that real estate is located in Northfield Township with the bulk of the real estate revenue going to schools in Northbrook.
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“In downtown we have a first-floor retail requirement otherwise it must be a special use” Rosenthal said Wednesday. “I’m not suggesting we do that in the Lake Cook corridor but we need to look at what we can do.”
Village Manager Kent Street told the mayor he and the staff would look at possibilities and make recommendations to the Board. One possibility is requiring a special use permit for buildings larger than a certain size.
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“If we are faced with the loss of retail it will require the Plan Commission to look at what the possibilities are,” Street said Tuesday. “If there is value in it we would likely do it,” he added referring to non retail uses.
A number of non sales tax generating uses could bring customers to other stores and restaurants, according to Street. These would also be good possibilities. He anticipates having recommendations for the Board in May.
