Stop The Commercial Retail Development in Barrington - Deer Park - Kildeer - Lake Zurich
If you drive up and down Route 12 you are probably wondering if the retail development is ever going to stop. The village of Barrington does not have much new development due to the limitations in potential areas to use. The Route 12 corridor though seems to be a non stop area of new strip malls or larger areas of retail.
If I think back 5 years ago, the Deer Park Shopping Mall provided a different type of shopping experience with specialty stores, restaurants, and a theater. All in all I think it has been a huge success. Recently Deer Park has had new units built at the back of the mall. Across the street Kildeer has some stores.
Go a little further north and there was a new mini mall built for Best Buy and others, go even farther north and there is another one with Office Depot - already closed down, Aldi and some others. Go south and there is a sign showing another Kildeer strip mall to be built.
Seriously folks this is insane. Just drive up Route 12 from Palataine to Lake Zurich and count the number of units that are empty. We never needed all this new development in the first place and that is as clear as day when you see what has happened. Some units were never occupied, others only lasted a year or 2. Add to that the existing older units, many of which are also now empty.
Barrington does have empty units available indicating businesses have closed. The shops at Flint Creek have not yet been fully occupied.
It is going to be a very long time before we spend as much as we used to before the recession and so NO MORE retail development, it clearly is not required.
What about office space? Plenty of that around as well. Office development not nearly as bad but there are many buildings that have space for lease. What gets me is that most owners do not appear to be offering incentives to rent their space, so it just sits empty.
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