Algonquin center expected to break ground in spring
By DERRICK GINGERY firstname.lastname@example.org
ALGONQUIN - A few months after the Algonquin Commons shopping center opens, competition is expected to begin construction nearby.
The Galleria, a shopping center slated to be built across Randall Road from Algonquin Commons, is expected to break ground in the spring, said Mike Firsel, principal at Mid-America Investment and Development Co., the company building the center.
The Algonquin Village Board in February approved preliminary plans for the commercial and residential development.
Assistant Village Manager Jeff Mihelich said officials from Mid-America are putting together plans for the first 100,000 to 200,000 square feet of retail space. The Galleria will include about 1 million square feet when completed.
"It's still a ways away," he said. "They're going to meet with us over the next couple weeks."
Patrons could be shopping there late next year, Firsel said.
"We have to finalize agreements with the proposed tenants and buyers," Firsel said. "Some stores would be open in the fall of next year if they start [construction] in the spring."
Firsel said he could not reveal what stores plan to locate in The Galleria. A 12-screen movie theater, furniture stores, specialty retail, and restaurants also could end up at the center, further transforming the Randall Road area into a shopping destination.
The Galleria will sit on 110 acres east of Randall Road and south of County Line Road.
Algonquin Commons, a 420,000-square-foot retail development that straddles the west side of Randall Road, is set to open Thursday.
An additional 80 acres near The Galleria is planned for residential development, including 118 houses and 108 town houses.
Road improvements to Randall and County Line roads are expected to be far enough along to allow Algonquin Commons to open.
Mid-America is helping pay for those improvements, but, Mihelich said, construction of The Galleria should be smoother because infrastructure improvements at the intersection will be largely finished.
"They have a huge leg up because they don't have to touch Randall or County Line [roads]," he said.