Surrounded by Lake Barrington village officials, developers broke ground Oct. 16 on the first, new multi-tenant retail development in Lake Barrington in more than 25 years.
KVM Development CEO Ken Malo, vice president Vanessa Malo-Kurzinski and their partners commenced Phase I of Pepper Park’s construction on the cold afternoon, while those on hand sipped hot drinks from a coffee retailer that will soon call the development home.
The 14,900-square-foot retail shopping center at 22000 N. Pepper Road will boast a speciality cafe called Pepper Park Coffee, which features coffee from Crystal Lake-based Conscious Cup Coffee — the same coffee served at Cook Street Coffee in Barrington.
The first phase of the project is scheduled to be completed by the spring of 2014, said Kathleen Scott, KVM Development’s director of business development.
Conscious Cup Coffee owner Michael Shipley, who has consulted on the project since July, helped break ground last week.
“There are three things you think of when you think about how to compete and engage your community: Atmosphere, product quality and service quality,” Shipley said. “I think Kathleen, Ken, Vanessa and Pepper Park understand and appreciate that.”
Bob Podgorski, president of Kelgor Construction in Lake Barrington, designed and built the development. He said the property serves two purposes: To satisfy the village’s need for a retail center in that location, as outlined in its comprehensive plan, and to expand Ken Malo’s company, Swiss Automation.
Podgorski explained that the property was divided into three pieces; with the two acres on Pepper Road for the retail center, about four acres added to Swiss Automation at 1020 W. Northwest Highway, and a detention pond in between.
“We added about three-and-a-half to four acres to Swiss Automation, which will allow them to almost double in size to about 80,000-square-feet in the future,” Podgorski said.
Aside from coffee, listing agent Joe Billitteri said the development’s other occupants could include a medical practice, insurance agency, a shop for athletic apparel, a sandwich shop and other small businesses that would complement Pepper Road’s existing businesses.
“It’s going to be a destination; not something you see while driving down Route 14,” he said.
The project is expected to cost about $2 million.
For more information, visit www.pepperpark.info