Berwyn city council members have high hopes that a planned redevelopment of the northeast corner of Harlem and Cermak will help revitalize the city’s economy.
The council unanimously approved the plan on Sept. 14 and the agreement with the developer on Sept. 28, to turn the area into an eating and shopping center.
The chief planner, Timothy Hague, of Keystone Ventures, believes that renovations will bring tax revenue, higher real estate values, and new employment to Berwyn.
According to Hague, Keystone Ventures, partnering with Bern Realty and J&P Properties, will most likely be working on the project for the next year. The originator of the project was the Berwyn Development Corporation, said Drew B. Krisco of Bern Realty, LLC.
Berwyn’s 7th Ward Alderman, Rafael Avila, has high hopes for the area, and said that it should bring in new residents to Berwyn.