- Economic Development
- Development Opportunities
Prairie Meadows Anchor Tenant
This former Dominick's location is a 65,636 square foot (divisible) big box retail space that anchors 6.3 acre neighborhood strip center at Randall Road and Huntley Road. Built in 2001, the center features prominent tenants such as Subway and Firestone. The site also is near major retailers including Menards, Woodman's, Ashley Furniture, The Room Place, and The Great Escape. There is a high traffic count of approximately 34,000 vehicles per day. The site has access to Randall Road and a traffic light on Huntley Road. For more information, contact Anthony Kopp, Amos Financial at Anthony@amosfinancial.com, (847) 433-3838.
Spring Hill Mall Anchor Tenant
This former Carson's location is a 128,000 square foot two-story department store situated on 8.76 acres. The property is physically attached to and serves as an anchor store for Spring Hill Mall. The building contains a set of escalators, one passenger elevator, and one freight elevator. The store consists of open selling floor area with perimeter office, receiving, and storage space. The site includes ample parking and landscaping. Big box tenants include Macy's, Kohl's, Home Depot and the Cinemark movie theater. Shared with the Village of West Dundee, Spring Hill Mall has served as a regional commercial anchor for almost thirty years. The daily traffic count of Route 31 in this area is approximately 28,600 vehicles per day while Huntley Road is 15,000 vehicles per day.
As the intersection of Route 31 and Huntley Road is a gateway into Carpentersville, the southwest corner is a high priority redevelopment opportunity. Huntley Square is a three acre site with an underground parking garage. It is adjacent to a vacant 1.75 acre site owned by Spring Hill Mall. Both are located within the Old Town Tax Increment Finance (TIF) District. The Village is seeking a high-density, multi-use infill project that complements the surrounding commercial and residential uses.
A skilled and diverse area workforce supports healthy manufacturing areas within Carpentersville. The Otto Engineering campus straddles the Fox River at the Main Street Bridge and represents a creative architectural restoration and adaptation to provide a state-of-the-art manufacturing facility. Other prominent manufacturing employers within the Village include Revcor, Bulk Lift International, Hexion Specialty Chemicals, Grayhill and Stanley Machining and Tool Corp.
The Village has actively supported industrial development, including the initiation of a Tax Increment Financing District which supported Spring Hill Center; a new commerce and industry park.
The Village also assists with industrial development bond applications and workforce development.