![]() ![]() ![]() The utility work is only the most recent in the series of delays for the beleaguered project. The lengthy removal was caused by short staffing within the electric company, which also had to send crews out of state to restore storm-related power losses, according to Grossman. She was the sole village board member to vote against amending the redevelopment agreement to grant Pete’s the extension.ĬomEd finished removing their share of utilities between Thanksgiving and Christmas, right around store’s originally scheduled opening dating. Robinson told Wednesday Journal that Pete’s is expected to bring the village $1 million yearly in sales and property taxes “We are already past the point of the original completion date and so we’re actually losing money on this on a daily basis, because we’re not recouping any of those sales and developed property taxes,” said Robinson. The village also provided $1.65 million to Pete’s to cover the costs of environmental remediation. Trustee Lucia Robinson, however, was unconvinced, believing the village was being too lenient on Pete’s in light of the village’s substantial financial stake in the project.Īs an incentive to invest in the community, the village donated a portion of the site to Pete’s and gave the grocery store $3 million to purchase and demolish the historic Foley-Rice building. “There is so much work behind the construction of having to dig out lines.” “I worked for AT&T for a number of years doing fiber,” he said. Grossman’s explanation, backed up by Pete’s project manager Eugene Grzynkowicz, was enough to satisfy the concerns of almost every board member, including Trustee Chibuike Enyia, a former AT&T employee. “This is probably the most challenging development site that we have in the community,” Grossman said. The latter utility company had “several” electrical poles and conduits. The Pete’s site, occupying 640-728 Madison St., is not an easy one to develop, Grossman said, and required the removal and relocation of underground utilities, which involved coordinating with AT&T, Nicor and ComEd. ![]()
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