BERWYN – With a goal to bring more business to Roosevelt Road, Berwyn officials have taken steps to see that it happens.
An ordinance was passed to approve the purchase of the vacant property 6935 Roosevelt Road for $305,000 when the City Council met Oct. 22.
The ordinance also provides the city with the option to purchase an optional parcel adjacent to 6935 Roosevelt Road for $120,000.
That site currently serves as parking for the Culver’s restaurant, 6943 Roosevelt Road. Both parcels of land are owned by the Culver’s franchisee, Assistant City Administrator Evan Summers said.
The primary site once included an abandoned flower shop that was razed by the Culver’s owner as part of the sales agreement of the property years ago, Summers said.
The franchisee bought the site as a possible commercial investment with
the possibility of someday selling the property back to the city.
The city is paying the same amount for the lot as the franchisee paid at the time of the purchase, Summers said.
“Our game plan is to have the Berwyn Development Corp. market the property to marketers and tenants,” Summers said. In the event that no deal exists to develop the site within 12 months, the site will be developed into parking for the Roosevelt Road business corridor.
“We’re hugely aware that there are parking needs on Roosevelt [Road],” Summers said.
“Personally, I think that’s a good problem to have. If we can find other parking solutions and we don’t need the land, we’ll consider doing a pocket park like Karasek Park in the Depot District.”
Summers added the sale should be finalized next month.