$26.8 million redevelopment of downtown Mount Prospect shopping center gets OK from board

Gruen Gruen + Associates congratulates the development team on the approvals of the redevelopment agreement and financial incentives. GG+A acted as the developer’s real estate economist and demonstrated the need for the incentives to bridge a feasibility gap. The incentives were the most the Village has offered for a downtown redevelopment. https://www.dailyherald.com/news/20210303/268-million-redevelopment-of-downtown-mount-prospect-shopping-center-gets-ok-from-board