The Rosemont Village Board approved a series of ordinances that moves the village one step closer to a new fashion outlet mall and parking garage at a special meeting on Tuesday, Journal and Topics Newspapers reported.
The new mall will be west of . The previous name was the Rosemont Theatre.
The Village of Rosemont held , which is expected to open in the spring.
Rosemont Mayor Bradley Stephens said the development could bring 3,000 new jobs to the village and bring in $9 million in annual tax revenue.
Meanwhile, Des Plaines’ downtown shopping district Metropolitan Square continues to be plagued by vacancies. Businesses moving into spaces downtown are opting for older properties, outside of Metropolitan Square, due to high rent costs in the development.
MBD Martial Arts is set to open its new location on Miner Street in May. Michelle DeLaRosa, co-owner of the Des Plaines-based business, said rental costs in Metropolitan Square were “super-duper expensive.”