Mount Prospect Community Development News Today

The $2.5 billion CloudHQ data center campus on the former United Airlines headquarters site in Mount Prospect is starting to power up.

Mount Prospect has agreed to contribute $250,000 toward a $1.8 million to $2 million improvement project at Lions Memorial Park.

The Chicago areas first Fresh Thyme Farmers Market in Mount Prospect will fall short of its 10th anniversary with the announcement that it will close on Aug. 30.

Joe Donut is filling a hole along Mount Prospects Rand Road corridor. The business operates at 720 E. Rand, the former home of Frankies Fast Food, which closed after nearly two decades. Given the line of cars at its drive-through, Joe Donut could be in for a long run as well.

New restaurants, a tequila bar and the opening of Angelo Caputos Fresh Market are among the highlights of development projects coming to Mount Prospect.

For years, the idea of a craft brewery in downtown Mount Prospect has been slowly fermenting. Now, south of the Union Pacific tracks in the new Prospect Place development, the concept is coming to fruition.

Mount Prospect continues to boost its stock of downtown rental housing options with the recently approved plans to convert a 25,000-square-foot medical office into a 20-unit apartment building.

The Week in Business: Andretti Indoor Karting & Games is preparing to pay the village of Schaumburg $6 million to purchase a site west of the Schaumburg Convention Center and Renaissance Hotel, where the Orlando-based company would begin anchoring the first phase of a new entertainment district in 2024.

It will not be a sweet new year for customers of the Oberweis in Mount Prospect, which will close its doors Friday after 20 years in town.

A $2.5 billion technology campus on the former United Airlines headquarters site in Mount Prospect cleared the final hurdle Tuesday.