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decades-old office highrise in Rosemont is being torn down to make way for new development opportunities. The village board approved a $1.3 million demolition contract with Omega, an Elgin-based company, paving the way for redevelopment of the former village hall building and adjacent parking structure at 9501 West Devon Avenue.
The eight-story building, across from Rivers Casino, has significant potential for redevelopment, according to Mayor Brad Stephens. He envisions a destination for office space, entertainment venues, or upscale restaurants. The village is considering various paths forward, including public-private partnerships or private development, with Marc Offit of Braden Real Estate serving as its broker.
The decision to demolish the 1960s building was made due to the high cost of renovating it. A review by village officials found inefficiencies in the office floor layouts and a need for substantial upgrades, including new mechanical systems and windows. The village had offices in the building from the 1970s until this year.
A 17-foot Tiffany stained glass mosaic of the Rosemont rose logo will be removed during demolition and potentially relocated to a high-visibility location such as the convention center. Roundy's Supermarkets' training office will vacate the building this week, with demolition expected to begin early next year.
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