This is the time of year that seems like “New Year” for many local elected officials as the focus on community issues is no longer distracted by election noise.
In other ways too, this seems like a time of new beginning, thanks to an improving economy and a sense that better economic times are ahead.
We know better than to celebrate a revived economy prematurely as we witness nagging unemployment levels and economists speak of the uncertainty surrounding positive indicators.
Never far from our attention is the state’s economic condition, and we know that whatever solutions emerge from Springfield, they are likely to impact municipalities negatively.
Nonetheless, it seems good to celebrate the positive news that continues to emerge.
Within the last few weeks, KHovnanian Builders completed their purchase of the former Meijer site — 60 acres to the west of Benedictine University — for a residential development of 162 homes that will break ground this spring.
This is one of the larger housing developments in the Chicagoland region since the recession, and it’s great to see the investment in our community.
When the developer first approached the village we could not help but wonder if the timing was right. Today, news regarding the housing market recovery would suggest that KHovnanian’s timing was very good indeed. I’m excited to welcome this project into the community.
On the northern end of our community another housing development, Arboretum Landmark, is an Opus project of 300-plus apartment units in the Warrenville Road corridor, scheduled to open early this fall.
Both of these projects signal good things in the near future. Interest in the downtown for a mixed use redevelopment project is also showing signs of new life.
This activity bodes well for our community as it represents investment in quality housing and human infrastructure to support our business community.
Yes, we all continue to be sensitive of economic indicators given our experience of the last few years. But right now we’re witnessing action, and I’m excited about what it means for Lisle.
Joe Broda is the mayor of the village of Lisle.