- State of the Village 2016
- State of the Village 2014
- Scholarship Winners 2015
- Progress is the Bottom Line
- Rock and Roll Fireworks
STATE OF THE VILLAGE OF ROSEMONT ADDRESS
MAYOR BRADLEY A. STEPHENS
ROSEMONT CHAMBER OF COMMERCE
SEPTEMBER 14, 2016
GOOD AFTERNOON AND THANK YOU FOR HAVING ME HERE TODAY TO UPDATE YOU ON THINGS THAT HAVE TAKEN PLACE SINCE WE LAST MET AND WHAT LIES AHEAD FOR OUR TOWN.
WE FINISHED STRONG IN 2015, AND AS THE CALENDAR TURNED TO 2016, WE BEGAN TO CELEBRATE THE 60th ANNIVERSARY OF THE VILLAGE OF ROSEMONT.
ON JANUARY 20, 1956, 84 HOMEOWNERS DECIDED THEY WANTED BETTER CITY SERVICES, AND THEY ELECTED A 27-YEAR-OLD INSURANCE SALESMAN AS THEIR FIRST MAYOR.
OH, I LOVE TO TELL THIS STORY!
LITTLE DID THOSE HOMEOWNERS KNOW WHAT WAS GOING TO HAPPEN OVER THE NEXT 60 YEARS.
AS THEY SAY, THIS STORY IS HISTORY, AND QUITE A HISTORY IT IS.
IN ITS FIRST SIX DECADES, ROSEMONT HAS BECOME A MAJOR CONVENTION, MEETING AND ENTERTAINMENT DESTINATION IN THE MIDWEST AND WE HAVE NO INTENTIONS OF SLOWING DOWN NOW.
LET ME UPDATE YOU ON SOME OF THE THINGS THAT HAVE TAKEN PLACE IN THE LAST SEVERAL MONTHS, AND I ALSO WILL PROVIDE A SNAPSHOT OF THINGS TO COME.
HERE ARE SOME OF OUR ACCOMPLISHMENTS:
- THE VILLAGE WELCOMED BUB CITY AND JOE’S LIVE, A LETTUCE ENTERTAIN YOU VENUE TO MB FINANCIAL PARK AT ROSEMONT THAT HAS BEEN EVERYTHING WE ALL THOUGHT IT WOULD BE;
- WE RECOMMISSIONED THE ICONIC FOUNTAIN; AND
- WE UNVEILED THE STATUE OF THE VILLAGE’S FOUNDING FATHER — MY FATHER –
DONALD E. STEPHENS.
IN ADDITION, WE WELCOMED GINO’S EAST BACK AFTER 14 YEARS.
ALSO, DURING THE LAST SEVERAL MONTHS AT THE DONALD E. STEPHENS CONVENTION CENTER, WE CONVERTED THE OUTDATED EAST BALLROOM D INTO 20,000 ADDITIONAL SQUARE FEET OF EXHIBIT SPACE AND INVESTED NEARLY $2.5 MILLI0N IN:
- RESTROOM RENOVATIONS;
- EXHIBIT HALL MODERNIZATION;
- PAINTING NEW EXTERIOR ELEVATIONS OF THE CONCESSION STANDS; AND
- IMPROVED SIGNAGE.
WE ARE ABOUT TO START A $3 MILLION RESTORATION OF THE WILLIAM STREET PARKING DECK. IN ADDITION, OUR STREET ARTIST CREW — LED BY RAHMAN STATIK — HAS BEEN WORKING ON ADDING LIFE TO THE GARAGE WITH THE PAINTING OF MURALS THROUGHOUT THE GROUND FLOOR. PHASE 1 OF THE MURAL PROGRAM WILL BE COMPLETED BY THE END OF OCTOBER, WITH THE SECOND PHASE BEING COMPLETED IN SPRING/SUMMER, 2017.
IN 2016, OUR CONVENTION CENTER TEAM, LED BY EXECUTIVE DIRECTOR CHRIS STEPHENS AND DAVE HOUSTON, PRESIDENT OF RES [ROSEMONT EXHIBITION SERVICES] HAS BEEN ABLE TO SECURE 12 NEW SHOWS AND NINE MORE IN 2017. THAT IS A SIGNIFICANT INCREASE IN THAT BUSINESS.
AT OUR ALLSTATE ARENA, WE CONTINUE TO LOOK FOR WAYS TO ENHANCE THE CUSTOMER EXPERIENCE. WE HAVE BEEN PLEASED WITH THE SUCCESS OF THE JACK DANIELS LOUNGE. SO PAT NAGLE [ALLSTATE ARENA EXECUTIVE DIRECTOR] AND HIS TEAM CAME UP WITH A PLAN TO CREATE A NEW UNIQUE EXPERIENCE “THE RIVERS CASINO LOUNGE.” THIS WILL BE DONE BY CONVERTING FIVE OF THE UPPER EAST END SKYBOXES TO CREATE SOMEWHAT OF A SUPER SUITE. THIS IS ANOTHER WAY WE LOOK TO ENHANCE THAT CUSTOMER EXPERIENCE, MAKING VISITORS’ TRIPS TO THE ARENA MEMORABLE. THE CONSTRUCTION SHOULD BE COMPLETED BY THE END OF THIS YEAR.
PAT AND HIS STAFF HAVE A STRONG LINE-UP AS THE YEAR COMES TO AN END. THE FOLLOWING ARE JUST SOME OF THE EVENTS THAT WILL TAKE PLACE THERE, IN ADDITION TO THE CHICAGO SKY’S AND CHICAGO WOLVES’ REGULAR SEASON PLAY, AND THE FINAL SEASON AT THE ARENA FOR THE DE PAUL MEN’S BASKETBALL PROGRAM.
WE HAVE SLATED PENTATONIX, KEITH URBAN, AMY SCHUMER, MARC ANTHONY, AS WELL AS THE ANNUAL APPEARANCE BY TRANS SIBERIAN ORCHESTRA AND AN APPEARANCE BY VENTRILOQUIST JEFF DUNHAM AT THE ALLSTATE ARENA.
CONGRATS TO ELENA DELLA DONNE AND DOUG BRUNO. ELENA IS THE STAR GUARD ON THE CHICAGO SKY WHO MADE A MAJOR CONTRIBUTION TO TEAM U.S.A.’S GOLD MEDAL VICTORY AT THE OLYMPICS IN RIO THIS YEAR. DOUG BRUNO WAS ASSISTANT COACH OF THAT TEAM. HE ALSO IS HEAD COACH OF THE WOMEN’S BASKETBALL PROGRAM AT DE PAUL UNIVERSITY.
THE ROSEMONT THEATRE WILL CLOSE OUT 2016 WITH A STRONG CALENDAR, INCLUDING APPEARANCES BY GEORGE LOPEZ, CIRQUE MUSICA CHRISTMAS SHOW, JUSTIN MOORE AND LEE BRICE, TO NAME A FEW.
MOVING OVER TO MB PARK, OUR “COUNTRY IN THE PARK” AND “ROCKIN’IN THE PARK” EVENTS HAVE CONTINUED TO ATTRACT GREAT CROWDS FOR LIVE MUSIC AND AWESOME FIREWORKS FROM MEMORIAL DAY TO LABOR DAY. “FITNESS IN THE PARK” HAS BEEN A SUCCESS. THE PARTNERSHIP WITH “CORE POWER YOGA” AND ROSEMONT HEALTH & FITNESS “ZUMBA” CREATED OFFERINGS FOR THOSE LOOKING TO STAY IN SHAPE.
THE ANNUAL “DISTURBIA HAUNTED HOUSE” KICKS OFF ON SEPTEMBER 30, AND RUNS THROUGH NOVEMBER 5. ON OCTOBER 15, WE WILL HOST A FAMILY FUN FEST, INCLUDING PUMPKIN CARVING AND FACE PAINTING, ETC., WITH AN EVENING PERFORMANCE BY THE “CHICAGO SIX,” FEATURING CHICAGO BEARS FROM THE 1985 TEAM — OTIS WILSON, STEVE “MONGO” MCMICHAEL AND DAN HAMPTON.
“LIGHT UP THE PARK” WILL TAKE PLACE ON NOVEMBER 25, WITH TREE LIGHTING, SLEIGH RIDES AND AN APPEARANCE BY SANTA AND MRS. CLAUS. THIS EVENT OFFICIALLY OPENS THE ICE SKATING RINK. ON AVERAGE, NEARLY 30,000 SKATERS PER SEASON ENJOY THE FUN AT THE MB PARK RINK. ADDITIONALLY, NUMEROUS TEAMS PLAY HOCKEY THROUGHOUT JANUARY AND FEBRUARY, INCLUDING EVERYTHING FROM YOUTH PROGRAMS TO CLUB TEAMS. THERE ALSO IS A BLACKHAWKS ALUMNI GAME.
IN ADDITION TO ALL THE FUN ACTIVITIES AT MB PARK DURING THE HOLIDAYS, MAKE SURE YOU CHECK OUT THE NEW “SANTA HQ” ATTRACTION – SOMETHING THAT YOU WON’T WANT TO MISS AT FASHION OUTLETS OF CHICAGO..
THOSE ARE JUST SOME OF THE THINGS THAT ARE OFFERED AT OUR FABULOUS VENUES.
NOW LET‘S TALK ABOUT FUTURE DEVELOPMENT, AS THE VILLAGE BOARD HAD A FULL AGENDA TODAY. THEY APPROVED QUITE A FEW EXCITING ITEMS.
THE AREA WEST OF I-294 HAS BEEN VACANT LAND FOR THE PAST FEW YEARS. NOT ANYMORE! SOUTH OF THE BALMORAL AT PEARL STEET WE HAVE PUT TOGETHER A PLAN FOR “THE PEARL DISTRICT.”
THE DISTRICT WILL BE COMPOSED OF A 165-ROOM BOUTIQUE HOTEL NAMED THE ROSE, A 40,000- SQUARE-FOOT DAVE AND BUSTERS AND TWO RESTAURANTS. THIS DEVELOPMENT WILL BEGIN CONSTRUCTION IN THE SPRING OF 2017, WITH COMPLETION OF ALL THE VENUES SCHEDULED FOR SPRING/SUMMER 2018. THE VILLAGE ALREADY HAS STARTED THE STORMWATER DETENTION AS WELL AS UTILITY WORK ON THIS SITE.
ON THE NORTH OF BALMORAL, THE VILLAGE BOARD APPROVED A CONTRACT FOR THE CONSTRUCTION OF A 6,300-SEAT BASEBALL STADIUM AND ADJOINING PARKING GARAGE. THIS PROJECT WILL BE THE HOME OF A NEW AMERICAN ASSOCIATION TEAM. THIS EXCITING PROJECT WILL BE READY FOR PLAY IN THE 2018 SEASON. IN ADDITION TO BASEBALL, WE WILL PRESENT CONCERTS AND OUTDOOR EVENTS THAT TYPICALLY NEED THIS TYPE OF VENUE FOR THEIR SHOWS AND PRODUCTIONS.
OUR PARTNER IN THIS VENTURE IS ROSEMONT ENTERTAINMENT GROUP. THE CO-OWNERS ARE LED BY MANAGING PARTNER SHAWN HUNTER, A FORMER AEG EXECUTIVE AND SOMEONE WITH MORE THAN 20 YEARS OF SPORTS AND ENTERTAINMENT EXPERIENCE, INCLUDING AN EXTENSIVE BACKGROUND IN MARKETING, SPONSORSHIP AND TICKET SALES. HIS PARTNER IS STEVEN GLUCKSTERN, WHO WAS AN OWNER OF THE PHOENIX COYOTES, THE NEW YORK ISLANDERS AND MORE. THEY OWN THE BASEBALL TEAM, BUT THEY ALSO WILL BE INVOLVED AS THE VILLAGE’S PARTNER IN PROGRAMMING THE NON-BASEBALL EVENTS.
FINALLY, CONGRATULATIONS TO OUR CHICAGO BANDITS!!! THEY ARE A MEMBER OF THE NATIONAL PRO (NPF) FASTPITCH LEAGUE (WOMEN’S PROFESSIONAL SOFTBALL), WHO JUST WON THEIR SPORT’S CHAMPIONSHIP – THE COWLES CUP – FOR THE FOURTH TIME – A LEAGUE RECORD. THIS YEAR’S CHAMPIONSHIP CREATED THEIR FIRST BACK-TO-BACK VICTORIES.
IN CLOSING, I WANT TO THANK YOU AGAIN FOR HAVING US HERE TODAY AND FOR YOUR ON-GOING SUPPORT OF THIS WONDERFUL COMMUNITY – YOU ALL ARE A PART OF WHAT MAKES US GREAT.
PROGRESS AND DEVELOPMENT SET ROSEMONT’S STAGE
Mayor Brad Stephens’ annual “State of the Village” address continues to be the Rosemont Chamber of Commerce’s biggest draw of any annual program the organization presents.
More than 175 members and guests packed the ballroom at Rosewood Restaurant, on Thursday, September 11th, to hear the accomplishments of Mayor Stephens’ administration in the past year, and plans for the future.
The mayor began his report by introducing Dr. Christopher Burke, president of Christopher B. Burke Engineering, Ltd., engineering consultant to the village.
An aerial view of Rosemont displayed on a screen in the center of the stage made it easy for the audience to follow Dr. Burke’s presentation.
First, he announced that the village’s road projects are nearly complete. Those projects include the repaving of local streets and the apartments near the Allstate Arena. The remainder of the construction is not under Rosemont’s control because it is being done by other sources, such as the Illinois Department of Transportation and the Illinois State Toll Highway Authority.
Dr. Burke said that the Lee Street bridge is being widened as a part of the Jane Addams Memorial Tollway construction, and is due to be completed by April, 2015.
The village also is working with the tollway to try to get an off- ramp constructed at that location.
Dr. Burke expressed empathy with office workers who are navigating the elaborate construction projects:
“I’m sure that those of you with businesses on the west side of town are suffering from the construction along Mannheim Road,” he said. “It is especially difficult for those who are located near the O’Hare International Center.”
Dr. Burke said that the Mannheim Road connection from Balmoral Avenue will be completed about the same time as the Mannheim Road construction, which is a year late. Now, it is not due to be finished before November of 2015.
Tollway-related work on River Road is proceeding; but officials have been pausing that construction when big events are taking place in town (such as the recent Garth Brooks concerts), so as not to impede traffic coming from MB Financial Park at Rosemont.
The construction near the retaining wall, by the residential area, will be finished at the end of this year’s construction season.
Mannheim and Higgins Roads will be pinched down in order to do some bridge work on 190, while Cumberland remains under construction until 2015.
Dr. Burke closed his presentation by reiterating that as much as Rosemont would like to see all of the road construction speeded up, it is not under the village’s control.
Mayor Stephens resumed the program with the three questions he is most often asked:
“‘What’s happening with the waterfall? When is Taco Bell going to open? And when will the road construction stop?”
The mayor said that the fountain at Higgins and River Roads has become “the gateway to the village.” He said water pressure issues were discovered during a refurbishing and they have to be dealt with now, in order to complete the project. He expects the fountain to be up and operating by next summer.
A dried-out, old, fuel oil tank was found underground at the Taco Bell site — on River Road and Gage Street – after the old building that stood on that site was razed. The tank has since been removed and hopefully, the restaurant will be under construction shortly and completed within 120 days thereafter.
The shopping center, just across Gage Street to the west of the Taco Bell site, has been purchased by the owners of A La Carte Enterprises, who will construct an 8,000 to10,000 square-foot Modretti’s restaurant that should open by the end of next summer.
The 155-room Hampton Inn & Suites hotel, on the northwest corner of River and Higgins Roads, is due to open in October, 2015. On the same site, the American Academy of Orthopaedic Surgeons will be moving their staff of 350 employees into the new $7 million, 180,000 square-foot headquarters by the middle of December, this year. The new garage on that site should be completed and operating at the same time.
The Mobil station, just across Higgins, on the southwest side of the same corner, is being upgraded and turned into a full-service mini-mart.
Another new project is a hotel development on the site where the old Wyndham stands, on Mannheim Road. Its developers are planning to split the hotel into two properties. Demolition is expected to begin within the next week and hopefully, a Hyatt Place hotel will open in July of 2015. The second hotel will be renovated later. But when those two properties are completed, Rosemont will have 17 hotels — the most in its history.
Additionally, the village owns 26 acres of land that stretches along the west side of
I-294, on the north and south sides of Balmoral. Village officials have been pursuing a public/private partnership to develop that property into space for more retail business, with a limited amount of space for office development and food service.
The mayor said that Rosemont has received enough inquiries for twice the amount of space available there.
“We will vet all those proposals to see which ones have the highest likelihood of success,” he commented.
Turning to the performance of existing village venues, the mayor proudly declared:
“The Allstate Arena is a major source of fuel for Rosemont’s economic engine.”
He added that Allstate has renewed its sponsorship agreement for another decade, for $15 million. By the end of that next contract period, Rosemont and Allstate’s partnership will have marked 25 years, making it one of the longest running relationships in the history of the entertainment industry.
“Just today, we reached a verbal agreement with the Chicago Wolves ( AHL hockey franchise) to renew their five year agreement with a five year extension option,” Mayor Stephens reported. “Don Levin, his organization and our staff are very happy that the Wolves are returning.
“We are very proud of the Chicago Sky, which was a finalist in the WNBA’s national championship competition, and we hope to renegotiate the contract that will keep the team here for another four years.”
The audience chuckled when the mayor exclaimed:
“Garth [referring to country music star, Garth Brooks]! I love that man. He performed 11 shows, attracting approximately 200,000 people to Rosemont in September. Our hotels were sold out and the average audience size came out to nearly a full house.”
The mayor continued his praise, this time, of the Allstate Arena staff:
“I can’t say enough about how good the staff is at the arena. That staff, plus Rosemont’s Public Safety Department and all those responsible for moving people in and out of the facility, are doing an excellent job.
“The entertainment industry’s top ranking services – Pollstar — includes Allstate Arena on its ‘Top 100 Arenas in the World’ list, and ranks it the fourth busiest arena in the nation, in the magazine’s July 21st edition.
“The Allstate Arena has produced $1.5 million in revenues ahead of 2013, and is just short of the record year they had in 2012,” the mayor continued.
“The Rosemont Theatre has an exciting line-up for the coming Fall and Winter seasons, including Bill Cosby, Jerry Seinfeld, the Moscow Ballet and Mannheim Steamroller.
“The Donald E. Stephens Convention and Conference Center is doing well. Our ballrooms are on target for being renovated later this year. Our walkway is being redecorated and we just completed a renovation of the east parking garage to provide more alternatives for folks who want to park at the convention center.
“Speaking of the convention center this year — and I am very proud to say this – its revenues are up more than $4 million, compared to 2013, and just short of the record year they had in 2012.
“And once again, I am going to emphasize: We couldn’t be generating the revenues we are reporting without the commitment of our staff members at the village-owned facilities. Pat Nagle, Chris Stephens and all those at our village-owned and operated facilities are committed to providing the highest quality of service possible.
“MB Financial Park has yielded outstanding numbers. We just finished the Rockin’ in the Park summertime concert series on Thursday evenings. It was a tremendous success for us.”
Disturbia Screams, the haunted house and Halloween celebration will be featured throughout October, at MB Financial Park at Rosemont. And Frozemont is the name for all of the wintertime activities and attractions there. Polar Peak – a 40-foot hill that people can tube-down for fun – will make its debut. It is being installed right next to the NHL regulation-sized ice skating rink. Reservations and ticketing information will be available soon for Polar Peak. The attraction can accommodate up to 100 tube-down participants per hour.
“I am sure you have all seen our branding campaign, ‘It’s all here.’ The campaign’s ads have been seen by a huge number of people, raising awareness of all Rosemont has to offer,” the mayor added.
The last item on the Mayor’s list was a report of economic accomplishments:
“Last year, we added 101 full and part-time employees, bringing the total number of village employees to 726.
“In terms of the village’s overall numbers, General Fund Revenues are up 20 percent and Amusement Tax generated is up 40 percent. Sales Tax Revenues are up $3.1 million, which equates to a 92 percent increase, due in large part to the opening of the Fashion Outlets of Chicago/Rosemont.
“Hotel occupancy was up in 2013 by 10 percent and generated an increase of 6 percent in hotel taxes. We are bringing our revenues back to the highest level that we produced in the recent past.”
When asked about the current political race for the Governor’s Office, the mayor encouraged everyone to vote.
“Our state is in a bad way. Please make sure to vote.”When asked about further retail development of the Fashion Outlets of Chicago / Rosemont, the mayor said:
“We are seeing that the higher-end retailers are doing somewhat better than the mid-level retailers. We would like to get those executives and their companies – especially those who have never had outlets – set up shop here, as well. We are thinking there may be a niche for them more than there is for the mid-range retailer.
“We are very interested in unique, first-in-market brands.”
When an audience member queried the mayor on why he isn’t running for the office of governor, the mayor shot back:“If I was elected, what would I win?”
The audience gave him a standing ovation.
Congratulations to our 2015 Scholarship Winners
- Katelyn E. O’Grady
Chamber Member Company: Advocate Lutheran General Hospital in Park Ridge
- Robert A. McCutcheon
Chamber Member Company: Chrysalis Salon in Rosemont
Thanks to all who participated — look for the Scholarship award again next year!
Mayor to Business Community: Progress is the
Mayor Brad Stephens delivered his annual “State of the Village” address at the Rosemont Chamber of Commerce luncheon on Wednesday, September 12, 2012, at Rosewood Restaurant.
More than 170 members and guests filled Rosewood’s Banquet Room to hear what is always the most popular program and speaker of the year. The mayor recounted the significant progress made by the Village of Rosemont in 2012, and what the mayor and village trustees are planning for the next 12 months.
The mayor began his address expressing his excitement with the expansion of The Ballpark at Rosemont and the eminent completion of The Dome at The Ballpark at Rosemont — a 140,000 square-foot air dome that will cover two additional all-turf fields. The two fields and dome are part of the entire Ballpark at Rosemont development that includes the 2,000-seat Stadium at The Ballpark at Rosemont, home of the Chicago Bandits, NPF world champions. The stadium was completed in 2011.
“I don’t think people realize the magnitude of this dome and what it will look like from I-90,” Mayor Stephens said. “At 75 feet in height, it will be twice as tall as its nearest neighbor, the GSA building, and 1.5 times the size of the LifeSource building.”
Village officials are working with the Illinois Baseball Academy, who will manage programming for The Dome at the Ballpark, which will include offering weekend clinics and competitions for children and youth. Not only will The Dome at The Ballpark create wonderful physical education opportunities for young people, but it will generate hotel business on the weekends, when there isn’t very much convention business and occupancy is lower. The village also is engaging in discussions with the Chicago Cubs organization regarding sponsorship of The Dome at The Ballpark at Rosemont.
The mayor turned from baseball to Balmoral Avenue, announcing that the off-ramp onto that street from the I-294 (Tri-State) Tollway that was opened right before the holidays last year has become extremely popular. State of Illinois transportation officials originally projected a 25 year pay-back of their contribution earmarked for the construction costs (50 percent) of that ramp. But the ramp has been so heavily utilized that at the current rate, Illinois’ contribution will be paid back in just a little more than 10 years, and that projection doesn’t even take into account the huge traffic increase anticipated when the shopping mall opens next year.
Phase Two of the Illinois Department of Transportation’s (IDOT) plan for Rosemont is underway and consists of the construction of a bridge that will connect Balmoral Avenue to southbound Mannheim Road. The mayor explained that southbound traffic on Mannheim will go through a fly-under tunnel to get to Balmoral. It is due to be let in portions, from this November to January, 2013.
Phase Three will connect the Balmoral-Mannheim link to Chicago O’Hare International Airport, completing the entire plan. Contracts will be let for this phase in the summer of next year.
The mayor said that MB Financial Park at Rosemont is nearly complete and has met or surpassed all projections. My Big Fat Greek Restaurant is expected to open by November 1. Hofbraühaus is expected to open sometime in early November.
All the other enterprises – Adobe Gilas Mexican Cantina, Five Roses Pub, Kings Lanes and Lounge, Park Tavern, Toby Keith’s I This Bar & Grill and Zanie’s – are complete and are operating so successfully that there are long lines every weekend. All of MB Financial Park at Rosemont’s dining and entertainment facilities are contributing to a cooperative promotional and advertising fund to support their businesses.
The mayor specifically saluted and thanked officials from Muvico, the uxurious, 18-screen movie megaplex, for being the first company to construct a facility in MB Financial Park at Rosemont, and to continue to operate it throughout the past four years, especially when there were no other facilities there.
Construction of the Big 10 office building will be underway in the next few weeks and construction is proceeding faster than expected on the Fashion Outlets/Chicago-Rosemont shopping mall.
“The word in the retail industry was: ‘It will never get built,’” said the mayor of the mall development. “But the mall’s executives already have signed 80 percent – the equivalent of the Aurora Outlet Mall — of the leases of the total 530,000 square feet of space. The four anchors include: Saks Off 5th, Neiman Marcus, Bloomingdale’s and Forever 21.”
According to projections, revenues generated from the mall’s tax receipts to Rosemont could double Rosemont’s current salestax receipts; And the mall’s management won’t even begin to initiate the real marketing focus until after New Year’s.
“The unsolicited response to the mall on social media has been enormous,” Mayor Stephens added. “The company has never been this far along on their leasing this early in a development.”
Village officials are working with brokers and owners of the former Ramada property adjacent ot the Holiday Inn Express on a 500,000 square feet of loft office suites and they already have handshake commitments on 325,000 square feet.
The mayor and village officials will be meeting with the new owners of the Wyndham, who are considering which hotel flagship to retain for the property’s management.
Development at River and Higgins includes a new headquarters for the American Academy of Orthopedic Surgeons. The project includes 150,000 square feet of office space, a 200-room Hampton Suites and a 620-car parking deck. Construction will begin in the spring of 2013.
Both presidential campaigns and economists are talking about the importance of creating public sector projects that drive private sector employment. That’s exactly what Rosemont has accomplished on an enormous scale, especially considering that the village’s population is 4,202.
“One of my favorite things to say is we have so many developments that we have created almost as many jobs as we have residents,” the mayor said as he completed his remarks.
“We will continue developing every piece of property we have to develop.
“I am very fortunate to have your support. There’s no place like Rosemont. I am very proud to be here,” Mayor Stephens concluded.
Bandits Bring NPF Championship to Rosemont
In thrilling fashion, the Chicago Bandits claimed their second NPF Cowles Cup Championship in late August 2011, earning their second World Championship in team history, with a 10-3 victory over the USSSA Florida Pride. The 2012 championship schedule is listed below.
For more information about the Bandits, or to order tickets, visit www.chicagobandits.com or call 877-7BANDIT (877-722-6348).
Entertainment District Opened in Rosemont in 2012
New Entertainment District Opened In Rosemont in 2012 and is a development that features lively bars and restaurants with live music, casual dining, bowling, and outdoor patios. A seasonal courtyard is in the center of it all—perfect for farmers markets, movies under the stars & ice skating. Located in the heart of the entertainment district, MB Financial Park at Rosemont is only a block from the Donald E. Stephens Convention Center and is anchored by Muvico 18- Movie Theater, a number of hotels and the vibrant Rosemont Theatre.
Congratulations to our 2012 Scholarship Winners
- Learesi Montes
Chamber Member Company: Rosemont Currency Exchange
- Connor Velasco
Chamber Member Company: Advocate Lutheran General Hospital
- Haley Worman
Chamber Member Company: Christopher B. Burke Engineering, Ltd.
The three winners and their families will be honored at the Chamber’s Annual Golf Outing dinner at Chevy Chase in Wheeling on June 11th. Each will receive a $2,000 scholarship towards their college education.
Thanks to all who participated — look for the Scholarship award again next year!
Rosemont Corporate Center Awarded LEED Gold Certification;
Ryan’s Class A Office Building Noted for Energy Efficiency, Sustainability
Ryan Companies US, Inc.’s newly constructed Rosemont Corporate Center has achieved LEED-CS 2.0 Gold certification. The Class A office building was cited for its energy-saving under floor air distribution (UFAD) system, indoor air quality, erosion and sediment control plans, and use of regionally-collected building materials.
“As a company, we are focused on sustainability, looking at the various ways we can incorporate it into our commercial developments,” said Tim Hennelly, vice president of development, Ryan Companies US, Inc. “We’re proud to carry the LEED Gold certification because of what it means for our tenants and the overall environment.”
The LEED Gold certification, issued by the U.S. Green Building Council, was given to this building based on a wide range of construction, energy usage and transportation factors. Ryan, whose Midwest Division is based in Naperville, Ill., optimized the energy performance on the building to achieve a 22.7 percent cost savings; created a parking plan that allows for 56 percent of the vehicles to be under cover; and was able to obtain 23.92 percent of the project materials from within a 500-mile radius of the Rosemont location.
The building, located at 9501 Technology Blvd. in Rosemont, Ill., is on a three-acre site south of Balmoral Avenue, between River Road and Interstate 294. The site is immediately south of the Rosemont Theatre and adjacent to the Village’s Entertainment District consisting of restaurants, hotels and other retail amenities.
The 119,000-square-foot building also is located close to public transportation and has five percent of its parking spaces set aside for low-emitting and fuel-efficient vehicles. The landscaping is watered through an efficient system that reduces water usage.
Features of Rosemont Corporate Center include space divisible to 2,200 square feet, food service in the building, covered parking and hotel shuttle service to and from the River Road “L” stop and O’Hare International Airport. The building is adjacent to the newly developed 556-room Intercontinental Hotel and within minutes of nearby restaurants including The Capital Grille, McCormick & Schmick’s, Gibsons Steakhouse, Cafe Nucci’s and Maria’s Mexican Restaurant. Location benefits include proximity to O’Hare International Airport and tollway/expressway systems providing access to downtown Chicago and the suburban markets.
Rosemont Corporate Center, a four-story building, is approximately 85% leased, with major tenant Cisco Systems occupying 82,000 square feet. In designing its space, Cisco also focused on sustainable design and construction elements. The company awaits certification notification of its space.
Other tenants of the building include Skyline Advanced Technology Services, which occupies 7,000 square feet; and The Harp Group/Portfolio Hotels & Resorts, which occupies 10,000 square feet. The building was developed, starting in December of 2008, through a joint venture between Ryan and The Harp Group.
In addition to its role developing and constructing the Rosemont Corporate Center, Ryan is also the property manager for the building. Other project team members include: Wright Heerema Architects, base building architect and interior architect for The Harp Group/Portfolio Hotels and Skyline Advanced Technology Services; SPACECO, Inc., civil engineer; CS Associates, Inc., structural engineer; O’Hare Engineering, mechanical consultant; Lyons & Pinner Electric Companies, electrical consultant; Adler Plumbing & Heating, Inc., plumbing consultant; David R. McCallum Associates, Inc., landscape architect; Jones Lang LaSalle, broker; and HOK, interior architect for Cisco Systems.
Rosemont Corporate Center is being leased by Francis Prock and Steve Kling, principals with the Chicago office of Colliers International. Prock and Kling may be reached at 847-698-8257 and 847-698-8256, respectively.
About Ryan Companies US, Inc.
Ryan Companies US, Inc., a nationally recognized builder, developer, designer and real estate manager, has specialized in providing fully integrated solutions for more than 70 years. In its first 10 years of operation, Ryan’s Midwest Division (based in Chicago) has completed over $1 Billion in projects for customers such as Deere & Company, Isle of Capri, Target Corporation, Dominick’s, C. H. Robinson and Froedtert & Community Health. In addition to its Chicago office, Ryan has offices in Minneapolis, San Diego, Tampa, Phoenix and Cedar Rapids, Davenport and Des Moines, Iowa.
Skating in the Park
Congratulations, Mayor Bradley Stephens!
MAYOR BRADLEY A. STEPHENS DECISIVE VICTOR
Mandate with 92 Percent of the Vote
Mayor Bradley A. Stephens was appointed Mayor of Rosemont by the Village of Rosemont Board of Trustees, on May 1, 2007, two weeks after his father, Mayor Donald E. Stephens, passed away while serving his 14th consecutive term in the same office. Mayor Don Stephens was one of the longest serving incumbents in the nation.
Throughout the past two years, those fortunate enough to know Mayor Brad Stephens were aware that: 1) he works extremely hard for the Village of Rosemont; and 2) he was very much looking forward to the election in April, 2009, when the residents of Rosemont would have the opportunity to voice their opinion of the appointed mayor.
With wife Suzi, his mother, Pat, and other Stephens family members present, Mayor Stephens took the oath of office, which was administered by Illinois Court of Claims Judge Donald Storino, a long-time family friend. Both gentlemen fought back emotion as the ceremony proceeded. Following the mayor’s swearing in, the Judge administered additional oaths of office to Debbie Drehobl for the office of Village Clerk, and Roger Minale, Ralph DiMatteo and Sharon Pappas for the offices of Trustee. The mayor thanked retiring Clerk Rosalie Lennstrom and congratulated new Trustee Roger MInale.
“It was a very special honor for me to swear in the Hon. Bradley A. Stephens on May 6, 2009,” Judge Storino said.
He continued: “It was a meaningful experience not only for me, but for everyone in my family. Our families have known each other since 1978. I had the pleasure and honor to serve Mayor Brad Stephens’ father, Donald E. Stephens, and it was with a great deal of pride that I administered the oath of office to Brad. I’ve watched Brad develop and grow as a person, and as an elected official in the town his father founded. Brad possesses all the attributes to lead Rosemont in the future. Rosemont is fortunate to have Mayor Bradley Stephens as its President. Congratulations to all citizens in the Village of Rosemont and to Mayor Stephens.”
“The huge margin and the record turn-out are the expression of confidence the people of Rosemont have in his leadership,” added Peter Rosenthal, village attorney from Rosenthal, Murphy, Coblentz and Donahue.
“Bradley was an outstanding mayor prior to his election and the best is yet to come,” said Robert Stephenson, an attorney at Locke, Lord Bissell and Liddell, who has advised the current mayor and his father for decades.
Mr. Stephenson continued: “People who don’t know the Stephens family don’t realize that Mayor Don Stephens devoted his entire life to public service. He was dedicated to governing Rosemont. He couldn’t do enough for his town and his neighbors. Up until the day he passed away, there was always an urgency to do more and more, and to give of himself to the community.
“He raised his children and his grandchildren with the same beliefs and strong sense of responsibility. Just look at Mayor Brad’s performance already. With less than two years in office, the village’s bond rating already has increased. That increase is a huge accomplishment because the rating was good from the start. Additionally, to increase a municipality’s bond
rating during the second largest economic downturn in modern history is absolutely unique to all other municipalities.”
Mayor Stephens thanked everyone in attendance, and the entire Village of Rosemont for the victory: “I thank everyone for the support. I speak for my wife, Suzi and my entire family, when I say we are thrilled and will do the best job possible for the people of Rosemont, Illinois.”