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Villa Park board approves 12‑month agreement with Mallon Associates to pursue retail redevelopment
Summary
The Village of Villa Park approved a 12‑month consulting agreement with Mallon Associates to pursue redevelopment of retail and commercial properties. The contract, budgeted at $7,000 per month, drew questions from residents and trustees about cost and oversight before passing on a roll-call vote.
The Village of Villa Park Board of Trustees voted to enter a 12‑month agreement with Mallon Associates Inc. to assist with redevelopment of strategic retail and commercial properties in the village.
The resolution authorizing the agreement passed on a roll‑call vote after a presentation from Michael Mallon, president of Mallon Associates, and a period of trustee and public questioning. The consultant’s scope, the company said, would include market outreach to retailers and preparation of an action plan for identified catalyst sites.
Mallon told the board he tracks prospective…
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