Why push this through without the 5th retailer? Because of possible post April 4 City Hall changes?
The remaining four buildings are part of the "Gateway" corner addition which is in the TIF #3 district (approved back in July 2004).
The center "Gateway" retailer remains unknown since Organized Living pulled out of the project, filing for bankruptcy last year. When that happened, the whole corner addition was put on hold. No new retailer has stepped forward yet, but now the mall is anxious to push this project through.
Why? Because they know if Kilkenny is elected, she would like to put an end to TIF #3. "If I'm elected (as mayor), it could be all undone," she stated in the Journal article. The mall owners also know that there are 3 contested aldermanic races that may change the complexion of the Common Council.
Not too difficult to figure out who the mall is backing for mayor! "Speaker has been a strong supporter of the tax district and the mall expansions. CBL officials are contributing money to Speaker's re-election campaign. Speaker said the donations have not played a role in his votes for the mall plans." the MJS reported.
IF this corner addition is supposed to be the "Gateway" statement for Brookfield, is it logical to go ahead with it without knowing what that central retailer will be? Whoever it is would like to have their building be recognized as their style.