Village Free Press_091218

Page 1

the village free press Vol. II No. 37

T Taste of Melrose Park, PAGE P 4

SEPTEMBER 12, 2018

thevillagefreepress.org

Meet Harpo the Clown, PAGE 2

Maywood company seeks $1.4M tax break over 10 years National Cycle says money would be net benefit for village, but some say tax burden is being shifted to residents By MICHAEL ROMAIN Editor

One of Maywood’s oldest businesses came before the village’s Board of Trustees earlier this month to ask for a significant tax break as it experiences turbulent market conditions and a change in its financial fortunes amid plans to expand its operations. National Cycle Inc., a motorcycle windshield manufacturer located at 2200 S. Maywood Dr. in Maywood, had earlier this year gotten zoning approval to build a roughly 28,000-square foot addition near its current facility. The construction of the additional facility was supposed to begin this month, but those plans have been put on hold due to See NATIONAL CYCLE on page 4

SHANEL ROMAIN

REMEMBERING BATAAN: Veterans of various U.S. wars were recognized during the annual Bataan Day Service in Maywood. This year, Northica Stone, the founder of the West Town Museum of Cultural History in Maywood, was honored. See more photos on page 2.

‘We’re ready to go,’ says developer Developer wants to build retail, restaurants on First and Lake

By MICHAEL ROMAIN Editor

A developer who wants to build a complex of restaurants and retail stores on the corner of First Avenue and Lake Street in Maywood urged village officials during a recent Board of Trustees meeting to speed up the process of completing the project.

“We’re waiting, ready to go,” said Charles H. Walsh, Jr., a partner of Walsh Partners, a real estate and development company based in Elmhurst, during a Sept. 4 regular meeting. “The sooner we can get this going, the sooner we can get the buildings built, [the sooner] you’ll have your tax revenue,” he said.

“I just want to create a sense of urgency.” Walsh, along with William Paul, the president of Xsite Real Estate, another partner in the development, presented their redevelopment plans to the village board back in December. They targeted three parcels, including See 1ST AND LAKE on page 4


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