The West Dundee Village Board will vote on a proposal Monday to buy the former Macy’s department store at Spring Hill Mall for $1.25 million, Village Manager Joe Cavallaro said.
If approved, the village will close on the deal in June. Money from the community development fund will be used for the purchase, Cavallaro said.Macy’s acquired the property in 2005 from now-defunct retailer Marshall Field & Co., which operated one of the original anchor stores when the mall opened in 1981, according to village information. Macy’s closed its store there in 2021, and the property has been vacant and for sale since then.
The complex nature of mall real estate requires West Dundee’s involvement in order to make potential new uses of the property attractive to developers, he said. While the village has no specific plans for the former Macy’s store, Nelson noted it was built in the early 1980s and is mostly obsolete in terms of what it can be used for today. Demolition is more than likely in its future, he said.
“Almost uniformly, each developer with whom we’ve talked to about redevelopment has told us that the site has too many complications, too many owners, too many covenants and too many uncertainties,” Nelson said. “The village’s aim is to bring simplicity to the process so reliable developers with established track records will be interested in partnering to reformat the area. Without municipal intervention, that simply won’t happen.
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