Kensington Development Partners to Acquire, Redevelop Town Center
Kensington has entered into a contract to acquire and redevelop Town Center into a mix-use development that will include retail, restaurants and multi-family residential.
Latest Update July 16, 2020 Press Release. View the Press Release announcing Kensington's contract to acquire and redevelop Town Center. Upcoming Board Meeting. The Village Board will consider the Lake Cook Road TIF District at the July 20th Board Meeting. If approved, the Board will also consider an Inducement Resolution with Kensington, which would allow the firm to be reimbursed for TIF-eligible expenses, should a project and redevelopment agreement be approved by the Board at a later date. View the July 20th Village Board Meeting Agenda Packet.