2 Open Houses Regarding Northbrook Court Redevelopment Planned

NORTHBROOK, IL — With the future of Northbrook Court uncertain, the mall's owners plan to update residents on the next steps at the property with two open houses in June. Last month, owner Brookfield Properties and the Village of Northbrook entered into a non-binding pre-development agreement.

A redevelopment plan for the site, which is more than 100 acres, is described as "a retail and dining destination for the region, preservation of the site's role as a commercial anchor, a mixed-use neighborhood, incorporation of open space, parks, walkability, and community amenities," according to a post about the meetings on the Village's website.

The meetings are scheduled for 5 p.m. to 7 p.m. Wednesday and 10 a.m. to noon Tuesday, June 13. Both open houses will occur at the former Sur La Table store, located in the upper level Neiman Marcus Court at Northbrook Court.

RELATED: New Vision For Northbrook Court Discussed At Village Board Meeting

Four years ago, the Northbrook Village Board signed off on a $250 million redevelopment plan for Northbrook Court, which included $27 million in incentives to the mall's owner, Brookfield Property Partners. The COVID-19 pandemic slowed these plans to a halt, according to Brookfield.

At an April Northbrook Village Board meeting, a representative from the Chicago-based developer updated the trustees about the future of the site at 1515 Lake Cook Road. Brookfield has owned the property since 1995.

"Ultimately, our goal is to create a dynamic, thriving asset with best-in-class retail and restaurants set among the fabric of multi-generational neighborhoods," Ben Freeman, senior vice president of development/commercial with Brookfield Properties, said.

According to the Village, a draft tax increment financing plan, or TIF, and eligibility study will be available on the Village website stating Friday for public review. In addition, at the June 13 Village Board meeting, a review of a preliminary plan application for the proposed redevelopment of Northbrook Court will be presented and feedback will be provided at the public meeting by the Trustees.

The pre-development agreement can be found here.