ST. CHARLES – A large amount of work remains before construction on the Charlestowne Mall redevelopment can begin this spring, one of the project’s leaders said Monday.
Project Director Chuck May gave St. Charles aldermen an update on the mall redevelopment at their Planning and Development Committee meeting. May showed a slightly updated site plan and briefly discussed developing the project budget, a review of the mall’s internal systems and continuing the process for preliminary plan approval.
May heads the local team for The Krausz Companies Inc., the California-based company that purchased the mall property for more than $9.5 million in November.
The company plans to rename the mall The Quad St. Charles and recreate its appearance by fall 2015 to a neighborhood feeling and include patio dining outside.
Work after the planned April groundbreaking will focus on the exterior and then move to the rest of the property, May said.
“This time next year, we’ll be working inside,” May said.
Second Ward Alderman Art Lemke was one of a few committee members Monday ready with questions for May.
Lemke asked about better access to the Charlestowne 18 movie theater, as many customers currently park their cars behind the former Sears site at the mall.
Escalators will be added inside near the mall entrance by Sears that faces Route 64, May said.
“Our druthers would be to have people walk through the mall to get to the theater so they pass by the stores,” May said.
Adding tenants will be one of The Krausz Companies’ biggest goals as part of the redevelopment.
The leasing process can be long – the company is working every day on getting letters of intent out and bringing final signed leases as quickly as possible, May said.
It will be some time before the company has some signed leases to announce, May said.
As the redevelopment plans continue, Krausz Companies Inc. representatives said they will begin to make regular appearances before the St. Charles City Council starting in March.