Glenview Village Council approves annexation of Allstate land for redevelopment – Chicago Tribune

Glenview has new commercial property attached to the village, which will generate tax losses for the schools.

On June 21, the Board of Directors for the Village of Glenview agreed with the Town of Prospect Heights to proceed with the annexation of the Allstate Insurance Company headquarters property to Glenview.

At the Glenview Village Board meeting, trustees approved an amendment to a 1997 Milwaukee-Sanders Corridor Agreement, continuing the annexation of Allstate lands to Glenview as part of an agreement revenue sharing.

Last year, Allstate announced the sale of its property for $232 million. Allstate plans to sell portions of its headquarters in unincorporated Cook County to Dermody Properties, a national developer.

Annexation and development applications have been submitted by Allstate, the current landowner, to annex approximately 280 acres of land in Glenview with 230 acres proposed to be redeveloped by Dermody into a logistics campus. Prospect Heights has agreed to disconnect 32 acres of property in Glenview.

The agreement between the two municipalities ended the possibility of a legal disagreement over land use between Glenview and Prospect Heights.

Council for the Village of Glenview voted unanimously on June 21 in favor of the plan. On June 13, the Prospect Heights City Council also voted unanimously in favor of the amendment.

Currently, the land near Winkleman Road and Sanders Road is secured with fences and padlocks topped with barbed wire. The land is overgrown with weeds and tall grass in open terrain where birds and other wildlife have found temporary homes in the brush and alongside distressed buildings.

The agreement calls for Glenview to pay Prospect Heights 18% of property tax and local sales tax revenue collected each year. As part of the agreement, Glenview must make two upfront payments to Prospect Heights.

In 2023, the single minimum share payment in Prospect Heights is $500,000. In 2024, Glenview’s one-time minimum share payment is $315,000. The two single payments are subject to the issuance of building permits.

In 2025 and beyond, the minimum sharing payments to Prospect Heights become $280,000 based on the 18% sharing formula.

Glenview’s new development commission will begin reviewing the proposed logistics campus on Wednesday. Once built, the development will generate more than $12 million in new revenue for municipalities over the next 10 years, officials estimate.

“I just want to say this is another example of good government, and in this case, good intergovernmental agreements,” Glenview Village administrator Chuck Gitles said. “We don’t often get to point out an opportunity to show when government is working properly.”

Glenview Village Trustee Adam Sidoti said, “It’s very exciting.

The development will be a source of renewed funding for West Northfield School District 31 (which serves Glenview), also benefiting Glenbrook High School District 225. The Allstate campus vacancy has had a negative impact on local schools, officials said. responsible for the village of Glenview.

For District 31 alone, based on the full construction tax analysis, Glenview Village Superintendent Matthew Formica said District 31 would see a net property tax increase of $5-8 million. per year, he said.

“I just want to say I’m thrilled that this is ahead of us,” said Gina De Boniadministrator of the village of Glenview.

Following the unanimous vote, Glenview Village President Michael Jenny said, “Team Glenview, motion carried.

The agreement also provides for a wish list item by Prospect Heights to obtain water at a wholesale rate from Glenview.

Glenview buys its water from Wilmette, not Northbrook.

Glenview village officials say it’s too early to predict how a scenario of reselling Lake Michigan water from Wilmette to Glenview via Prospect Heights would play out.

“We have an existing water purchase agreement with Wilmette that sets out what our maximum demand is,” said Formica, which added that Glenview has enough daily gallonage capacity to potentially direct water to Prospect Heights.

Glenview currently uses about a third of its licensed gallon capacity each day, Formica said.

Wilmette is aware of Prospect Heights’ request for water from Glenview, Formica said.

“We would definitely work with Wilmette and collaborate with them, if and when requested by Prospect Heights,” Formica said.

Glenview resident Gerald Barry spoke at the meeting, saying that more public notice should have been given about the amendment for a reasonable contribution from the community, and that the environmental impact must be studied during the redevelopment of the annexed land.

“They seem to put out notices of agenda items at the last minute,” Barry said. “The procedures are suspect.”

Jenny said Allstate’s land redevelopment must align with the public review process.

“I expect them to do it responsibly,” Jenny said.

Karie Angell Luc is a freelance writer for Pioneer Press.

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