Valparaiso eyes development proposals for old Anco factory

The Valparaiso Redevelopment Commission will likely select a developer for transforming the former Anco site south of downtown into a mix of housing, retail and offices, and a transportation hub at its meeting next month after receiving three proposals for the property.

Stu Summers, the commission’s executive director, opened the proposals from Holladay Properties, Flaherty and Collins Properties, and Envoy Inc., at Thursday’s meeting and said he would go through them and return to the commission with a recommendation at their May 10 meeting.

Summers tried to give brief summaries of each of the packets but admitted he was seeing them for the first time, and one proposal was 107 pages long.

“It looks like you have a lot of things to go over,” said commission president Rob Thorgren.

Source: http://www.chicagotribune.com/suburbs/post-tribune/ct-ptb-anco-property-valparaiso-st-0414-story.html