A new developer has submitted plans to redevelop the largely vacant Charlestowne Mall on St. Charles' east side.
The partnership of S.R. Jacobson Development Corp. and Lormax Stern Development Co. LLC. has entered into a purchase agreement for the former Charlestowne Mall property with the current owner, the Krausz Cos.
In December of 2017, Krausz closed the interior shops and enclosed mall space. Anchors Von Maur and Classic Cinemas Charlestowne 18 remain in the mall.
Plans call for retaining Classic Cinemas and Von Maur and demolishing the other buildings. The Cooper's Hawk Winery & Restaurant and Starbucks/Verizon buildings situated near the mall also would be retained.
The proposal calls for 40,000 square feet of new commercial development along Main Street as well as putting in a pad to accommodate a 135-room hotel. Plans also include 325 garden apartments in three-story buildings on the eastern portion of the site and 208 townhouses on the northern portion.
A community center with a pool and other amenities would serve those residents.
The submitted application and plans are posted on the city's website, stcharlesil.gov/projects/charlestowne-mall-redevelopment.
The project will be reviewed at upcoming meetings of the plan commission and the city council's planning and development committee in October.