101 South Main Street

Resident FAQ


Update: November 19, 2018
The ECDC voted on November 12th.  The ECDC unanimously voted 7-0 to recommend that the Village Board enter into negotiations with Holladay Properties on a purchase and sale agreement for the subject property. The next step is a Village Board workshop on November 28th at 7pm.  No vote or formal action will be taken on November 28th.

Summary of Proposals
  • Luxica proposal: Zero residential units; 24,500 sq. ft. of retail (12,000 sq. ft. of retail will be Prairie Food Co-op, the additional will consist of a 1,500 sq. ft. food hall and other tenants)
  • Holladay proposal: 120 apartment units; 15,000 sq. ft. of retail and a 2,000 sq. ft. outdoor food/gathering area (12,000 sq. ft. of retail will be Prairie Food Co-op, the additional 3,000 square feet will be built as a restaurant)
  • Difference within proposals: Luxica has 9,500 sq. ft. more commercial space (noting that any space in either proposal could end up being for non-retail use);  Holladay has 120 more residential units
  • Incentive Requests: The Holladay incentive request would be fully covered by the increase in equalized assessed valuation (EAV) increment reimbursement from the Downtown TIF exclusively from the property redevelopment ($150,000 annually with a cap of $525,000). Funds from the existing Downtown TIF generated from other properties will not be sought.  Should Holladay be selected, they would also seek a pass-through performance based sales tax sharing arrangement specifically and limited to Prairie Food Co-op ($500,000).  Holladay is offering $1,500,000 for the property.  The owner equity is 24% ($7,750,000) and the Present Value (PV) of the Village assistance is 1% ($440,000).
  • Incentive Requests: The Luxica incentive request has changed with their proposal.  They now seek a combination of funds from the existing Downtown TIF District, and sales/places for eating tax sharing ($500,000 in TIF funding plus $900,000 sales/places for eating tax sharing for 15 years or whichever comes first).  Should Luxica be selected, they would also seek a pass-through performance based sales tax sharing arrangement specifically and limited to Prairie Food Co-op ($500,000) and TIF assistance ($70,000).  Luxica is offering $1 for the property.  The owner equity is 15% ($922,984) and the Present Value (PV) of the Village assistance is 22% ($1,177,016).


Past Updates
November 13, 2018
The ECDC voted on November 12th.  The ECDC unanimously voted 7-0 to recommend that the Village Board enter into negotiations with Holladay Properties on a purchase and sale agreement for the subject property. The next step is a Village Board workshop on November 28th at 7pm.  No vote or formal action will be taken on November 28th.

November 8, 2018
A supplemental memo has been added.

November 6, 2018
The ECDC meeting on Monday, November 12, 2018 will be at 6:00 p.m. at the Lombard Village Hall.  Please note the time change to 6:00 p.m., in order to accommodate residents who wish to attend both the ECDC meeting and the Community Relations Committee Meeting.  The packet is available online.

November 1, 2018
The ECDC meeting on Monday, November 12, 2018 will be at 6:00 p.m. at the Lombard Village Hall.  Please note the time change to 6:00 p.m., in order to accommodate residents who wish to attend both the ECDC meeting and the Community Relations Committee Meeting.

October 9, 2018
At the October 8th ECDC meeting, the Commissioners voted to continue the discussion to the November 12th meeting.  This meeting is open to the public and will start at 7pm at Lombard Village Hall.

October 2, 2018

The ECDC will discuss this item at their October 8th meeting at 7pm.  The packet is available online.  
The FAQ has been updated.

August 29, 2018
The September 10th ECDC meeting is cancelled, continuing the 101-109 S. Main Street discussion to the October 8th ECDC meeting.  This continuance is intended to give the opportunity for both RFP entities to respond to comments and questions raised at the last ECDC meeting.  This meeting is open to the public and will start at 7pm at Lombard Village Hall on October 8th.  The FAQ has been updated.

August 13, 2018
At the August 13th ECDC meeting, the Commissioners voted to continue the discussion to the September 10th meeting.  This meeting is open to the public and will start at 7pm at Lombard Village Hall.

August 3, 2018
The FAQ has been updated.  The Village’s Economic and Community Development Committee (ECDC) is the Committee that is tasked with reviewing the RFPs, and all relevant material, to make a recommendation to the Village Board.  This is anticipated to occur at the August 13th ECDC meeting.  ECDC meetings are open to the public and are at 7:00 p.m. at Lombard Village Hall in the Community Room.  Below are the relevant documents.

Staff memo
Kane, McKenna & Associates Report
Holladay RFP
Luxica RFP

April 17, 2018
The RFP closed on April 16, 2018.  The Village received multiple proposals which included a variety of multiple-family residential, commercial, mixed commercial/residential and senior housing development concepts.  Over the next two months, Village officials and its consultants will be reviewing the proposals.  

February 1, 2018
Today the Village of Lombard, IL released a Request for Proposals (RFP) for the purchase and redevelopment of two parcels in Downtown Lombard, at 101-109 South Main Street, consisting of approximately 2.19 acres.  The purpose of this Request for Proposals (RFP) is to solicit and subsequently evaluate the interest of developers or redevelopment groups in working with the Village to redevelop a highly significant redevelopment site located within the heart of the Village’s Downtown and within the Lombard Downtown Tax Increment Financing (TIF) District.  The site is located in the Central Business District (zoned B5), south of the Union Pacific railroad tracks and the “core” downtown area.  Information can be found online at  http://www.villageoflombard.org/bids.aspx?bidID=164 .

January 2018
The Village of Lombard did not receive any responses to the Request for Proposals that was made public in June of 2017, which was seeking potential grocers at the 101 S. Main location.  The Board of Trustees has directed staff to issue a new RFP, seeking non-specific development proposals for the site. Updates will be posted on this page (www.villageoflombard.org/101southmain) as they become available. 


June 2017
The Village of Lombard will be seeking parties interested in pursuing a retail grocery store redevelopment opportunity for a Village owned property in Downtown Lombard.  As part of this effort, the Village will be releasing a “Request for Proposals” (RFP) document for experienced developers and grocery store operators to submit project proposals.  The RFP document was released on June 1, 2017. 

Located at 101-109 South Main Street, the property is 2.19 acres in area and is a part of the Village’s Central Business District. The site has excellent frontage along Main Street and is centrally located with proximity to other retail commercial businesses, offices, and the Lombard Metra station.

The RFP process is intended to both gage private sector interest in a grocery store and to demonstrate that the Village is committed to working with a qualified development team on a project that enhances the downtown. The Village’s goal is to create the “best deal” for the Village and the development team.

Village President Keith Giagnorio is looking forward to the opportunity to see the site redeveloped that enhances the downtown. “In Lombard’s State of the Village in February, we said we hoped we would be able to bring a new business to the site and this is a step to fulfill that goal.”

Lombard District 4 Trustee Bill Johnston, who also Chairs the Village’s Economic and Community Development Committee is also interested in exploring a grocery store development for the property.  “Residents on the north side of Lombard have been seeking a full-service grocery store in the downtown area.  This effort will hopefully facilitate future engagement with a developer who can successfully establish a grocery store that builds upon our downtown business efforts.”

This report and other relative information about the Village can be viewed at www.villageoflombard.org/101SouthMain.   Interested parties should contact William Heniff, Lombard Community Development Director at (630) 620-5750 or heniffw@villageoflombard.org.