Brookfield trustees earlier in March unanimously voted to approve a preliminary redevelopment agreement with Tartan Builders, giving the company a leg up – at least in the short term – on transforming the long-shuttered Brookfield Bowl, 3415 Maple Ave., into a viable development.
The agreement essentially ensures that Tartan Builders can act as the exclusive developer of the property, which is owned by the village, for the 60-day term of the agreement. The agreement became effective March 12.
“My expectation is that Tartan Builders will have a more detailed proposal and concept,” said Nicholas Greifer, the village’s director of community and economic development. “It gives them a chance to do their due diligence with more certainty that they’d be contenders down the road as the developer.”
In seeking the agreement, Tartan presented two concepts to trustees in February. The first was a three- to five-story mixed use development with commercial uses on the ground floor and residences above. The second was an active senior living facility.
The firm indicated that other parcels could be assembled to create a bigger footprint for a new development.
During the period of the agreement, Tartan Builders is expected to flesh out a more detailed development plan.
Greifer said his department is trying to expedite the process for developing the property, which could provide a shot in the arm for the Eight Corners area, which the village board made a tax increment financing (TIF) district in 2016.
Eight Corners was a focus of the village’s recently adopted comprehensive plan, which sees the area as a candidate for increased pedestrian-oriented commercial and increased-density residential development.
Should the village like what Tartan Builders has to offer when the preliminary agreement expires, it may choose to issue a public request for proposals for the site. Because that proposal submittal period is unlikely to be lengthy, Tartan Builders’ work during the two-month preliminary agreement will give them a head start.
“Even though it’s not close to a train line, I think we have a good shot at getting one or two developers to take a look at the bowling alley,” Greifer said.
The village used a similar method for its property at Ogden and Eberly avenues, which eventually led to the construction of a Sherwin Williams paint store on the formerly village-owned parcel.
Brookfield also sought proposals late last year for its Congress Park TIF property at 4000 DuBois Blvd. The village previously had a preliminary development agreement in place for that property with the firm Troutman and Dams, which had pitched two apartment buildings for the location.
The village is close to finalizing a formal redevelopment agreement with Troutman and Dams for the Congress Park TIF property. The village board was expected to take a look at the proposed agreement on March 21 in executive session, but that didn’t happen.
With a shakeup in village management, said Greifer, the board probably won’t review the proposed Congress Park TIF redevelopment agreement until later in April.
“I’m confident we’re close and that we’ll have something that’s a win-win for the village and the developer,” Greifer said.