Hoped to be finished by end of 2021
LANSING, Ill. (December 11, 2020) – During last week’s Village Board Meeting, the Board voted unanimously to enter into an agreement with a development company that plans to construct a Starbucks on the northeast corner of Torrence Avenue and Thornton-Lansing Road.
This corner was previously occupied by the former Artlynn Photography building, which was demolished the week of October 26. That corner is now vacant, and stretches all the way north to the site of the former Rosemoor Funeral Home, which was demolished just days after the Artlynn Photography building.
The purchase and sale agreement is the first step toward selling the property to Glazier Project, LLC, a Chicago-based development company that has developed Starbucks locations in the past, including the new South Holland location that has not yet opened.
According to Village Attorney Matt Welch, Glazier Project will need to show the Village its building plans, its financing plan, and evidence of at least a 10-year lease with Starbucks, as well as secure Village permits before the property is sold. Once it has acquired the property, Glazier has 30 days to start construction. Village Administrator Dan Podgorski said construction could start as early as Spring 2021, and would likely be finished by the end of 2021.
“I think it’s an awesome opportunity,” Village Trustee Maureen Grady-Perovich said, and thanked the Village staff involved in securing the project.
Because the Starbucks will not take up the entire property, Podgorski said Glazier is likely to develop the remaining land for another business on the northern portion of the property. These plans have not yet been announced.
Related
- Difficult times force Lansing Area Chamber to ask for help, but keep serving (December 9, 2020)
Lansing businesses weigh options as property taxes spike (December 3, 2020)
Congratulations to the Village of Lansing for getting the Starbucks, the school teachers in Lansing will love this