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The future is very bright indeed for both the residents and the
businesses of Mount Prospect! The Village of Mount Prospect is a vibrant
community originally established as a farming enclave soon after the Great
Chicago Fire, and later incorporated in 1917. The Village offers a wide
range of business and housing opportunities and a healthy business climate
that is augmented and maintained through initiatives between the Village,
the Chamber of Commerce, and the Mount Prospect Downtown Merchants
Association.
Commercial and industrial locations include the pleasant park-like
atmosphere and contemporary architectural style of the 300-acre Kensington
Business Center, home to numerous high-profile corporations. Proximity to
O’Hare and Palwaukee Airports, availability of a high caliber labor pool,
and physical amenities that include 12 handsomely landscaped lakes, winding
jogging trails, recreation and picnic areas has made the Kensington Business
Center one of the most attractive business locations in the Chicago
Metropolitan area.
The Village’s second largest industrial district, Lake Center Corporate
Park, offers unique “build to suit” opportunities for office/manufacturing
facilities. This master planned business park has been fully improved with
landscaping and public infrastructure that is designed to support a variety
of uses.
A myriad of businesses ranging from Fortune 500 companies to family-owned
establishments are proud to call Mount Prospect “home.” Major corporations
found in the village include Braun Manufacturing, Caremark, Cummins-Allison,
a campus of ITT Technical Institute, Metropolitan Life, NTN Bearing and
Sayers Computing. The Walgreens Prescription Processing Center and Bosch
Tool Corporation are also located in the Village.
Over 2.5 million s.f. of retail GLA can be found in Mount Prospect. The
Village is home to 26 community shopping centers including the 1 million s.f.
Randhurst Shopping Center which is anchored by Carson Pirie Scott, Costco,
Jewel-Osco, AMC Theaters, Home Depot, Borders; and coming in 2005 - Steve
and Barry’s and Bed Bath & Beyond.
Mount Prospect’s downtown is also in the midst of significant
transformation. Centered on the METRA train line at Northwest Hwy and Rt.
83, downtown is now home to over 500 condominiums and 40,000 s.f. of new
retail; with an average household income of $84,506 within a 1-mile radius
of the downtown.
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