Village Board to Vote Monday Night on Stonebridge Age Restrictions

Trustees will vote to keep or lift two age restrictions after Stonebridge received OKs from the zoning board and plan commission.

The three year Stonebridge saga may soon be coming to a close.

The Lake Bluff Village Board of Trustees will vote at its Monday night meeting to either lift or keep the age restrictions currently on the 47-acre property. Both the and the voted in favor of lifting the restrictions. The Board of Trustees will consider their recommendations.

Stonebridge was initially developed with an age restriction for residents 55 and older and not under the age of 18.

The California-based development company SunCal agreed to purchase the property from Stonebridge Lake Bluff LLC under the condition the age restriction was lifted.

During the ZBA Public Hearing, Stan Brown SunCal senior vice president of real estate deveopment, stated the purchasing contract would not go through if Stonebridge retained the age restriction.

If the age restriction is not lifted and SunCal does not develop the property, Chris Rentz of Stonebridge Lake Bluff LLC said he will be forced to foreclose and hand the property over to the bank.

During the ZBA public hearing, Rentz said he doesn’t expect sympathy from the Village for his financial struggles, and hopes the best decision will be made for the community.

amy davidson April 11, 2011 at 02:04 AM
Absolutely, lift the age restrictions. Our community needs business development and a friendly face to families, who add tremendously to the financial stability of both Lake Forest and Lake Bluff. Restricting the developer to a market of only those over 55 eliminates a huge potential market - and both towns are losing those families. We should do whatever we can to encourage families to move here.


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »