Development '04: Here, gone, and back again

2004 year in review

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From downtown's small-scale demolition derby, to the return of Whiteco, here's a quick run-down of developments in economic development over the last year:

Tear it down

? Without even a whisper of public outcry, downtown saw the demise of one of its most infamous eye sores, the Sawyer College building on Marion Street.

? The Maple Furrier's building was demolished to make way for the RSC mixed-use project, after the village board made the controversial decision to vote down Taxman's proposal to install the Historical Society in the Drechsler building on Lake Street.

? The vacant Mar Lac Banquet hall has been torn down in preparation for construction of a new six-story condo project, with retail on the ground floor.

? Next in line: the small village-owned condo building on Harlem Avenue, just north of the Marshall Field's building.

Construction done

? In the open for business category: Belmont Village celebrated its grand opening on Madison Street. Construction of "The Ridgeland," at Ridgeland and South, wrapped up. Volvo of Oak Park opened shop. 

On the horizon

? Foley Rice Cadillac announced that it's working with the village on expanding its Madison Street dealership. The partnership would likely involve Terry Rice selling his lot on the north side of the street to the village.

? Last we knew, Granite Partners Realty was planning to develop the Bank One parking lot on Marion Street, just off Lake Street. The village approved a request from the bank to move an ATM island, which will make way for a development. Just what development, however, is not known as of now.

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