Rosemont closes on $12.7 million purchase of last undeveloped property in town
Rosemont has closed on its $12.7 million purchase of the last major undeveloped piece of land in town, officials confirmed Tuesday.
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Rosemont has closed on its $12.7 million purchase of the last major undeveloped piece of land in town, officials confirmed Tuesday.
Tucked in between the Jane Addams Tollway and O'Hare International Airport, the last major undeveloped property in Rosemont has a new owner: the village government.
Rosemont awarding TIF dollars for two hotel redevelopments Rosemont plans to award tax increment financing dollars to hotel redevelopment projects at the former Edward Hotel, right, and former Wyndham O'Hare across the Jane Addams Tollway. Mark Welsh | Staff Photographer, 2020 A one-story, 16,000-square-foot portion of a hotel complex next to the Allstate Arena is intended for restaurants that would serve guests and arena visitors. Christopher Placek | Staff Photographer Updated 7/19/2021 6:33 PM Rosemont plans to give tax increment financing dollars to developers of two ...