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Palatine council approves program for 8th new car or truck dealership in city

It really is official — Palatine will be welcoming its eighth new automobile dealership up coming calendar year, presented building will take area on program.

The village council on Monday night time gave its Ok to amending the Napleton prepared progress on Rand Street — which already involves Napleton Mazda and Napleton Subaru — to accommodate a new Volkswagen dealership that will be shifting to Palatine from Mount Prospect.

The new dealership will be housed in a new 16,000-square-foot building on a 3.2-acre website at 1979 N. Rand Road.

The dealership programs to make use of 35 persons and will have a showroom alongside Rand Road and a support and elements department in the rear. Its hrs will be from 8 a.m. to 8 p.m. Monday through Thursday, 8 a.m. to 7 p.m. Friday, and 8 a.m. to 6 p.m. Saturday.

“We are pleased to increase another significant-good quality new car dealership to the Rand Highway corridor,” Village Supervisor Reid Ottesen explained Monday.

The Mazda and Subaru dealerships opened previous calendar year, and a third dealership was normally planned as section of the Napleton growth.

The approach commission encouraged acceptance of the program for the Volkswagen dealership at its assembly June 15.

The Palatine web page is at present residence to seasonal operations for Knupper’s Flower & Back garden, whose season ends June 30. The 90-year-aged small business, acquired by the Napleton family members in 2018, hopes to transfer close by on Rand Road, a company representative stated before this thirty day period.

Volkswagen of Mount Prospect is operated by Weck Automobile Team, or WAG, whose President Charles Weck explained he worked for far more than 3 decades as chief functioning officer for Steve Napleton, who owns various dealerships such as in Palatine.

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Weck explained to the council he is “excited” to shift the Volkswagen dealership to Palatine.

The village council on Monday licensed Ottesen to execute a redevelopment arrangement for the house with the developer. Underneath the arrangement, the undertaking must be done by Dec. 31, 2022, and the village will use no a lot more than $1 million in tax-increment funding cash to reimburse the developer for suitable expenditures.

Council members also authorized a resolution in support of the developer implementing for 7c tax classification in Prepare dinner County. Usually, the home would be assessed at 25% of its market value. With 7c tax classification, the property would be assessed at 10% of its current market value for the first a few several years, 15% for the fourth calendar year, and 20% for the fifth year.

Weck claimed before this thirty day period that, if all goes effortlessly, he hopes to split ground in Palatine right before the finish of the yr.