On a project which has lived on perpetual “extensions,” granted by River Forest’s village board for more than a decade, we are hopeful that the decision Monday to grant the developers of the Lake and Lathrop mixed-use project a final 11-day extension to secure its construction financing will be the last.
Construction on the project has actually begun at long last. An unspecified but COVID-related cause was cited for Wintrust Community Bank and the developer not having completed the paperwork.
We’ll be watching. And we assume the village will be watching for this final extension to expire and the work to continue.