The unusual development of Rosemont, Illinois

Rosemont is a different kind of suburb and the Daily Herald sums up its unique growth over 60 years:

Before it was an entertainment and business mecca of the suburbs, Rosemont was an oft-flooded swampy area with pothole-ridden, unpaved roads, no streetlights and taverns that became hangouts for the mob…

Today, the 2.5-square-mile town on the edge of O’Hare International Airport has 4,200 residents — many of whom live in a close-knit gated community and are employed by the village. But what drives Rosemont’s economy is its estimated 100,000 visitors a day, drawn to the town’s 14 hotels, a shopping mall, offices and village-owned venues including a stadium, theater, convention center and entertainment district…

Almost from the beginning, Rosemont linked itself to O’Hare, which was on its way to becoming the world’s busiest airport. As other suburban towns fought airplane noise and expansion plans, Stephens was feeding off it…

In 1958, Stephens brokered a deal with Chicago Mayor Richard J. Daley for access to Chicago water in exchange for a 162-foot-wide strip of Foster Avenue that would allow the city to connect to O’Hare. Rosemont got the right to 4 million gallons of water per day at Chicago rates.

Three features strike me as consequential in this story: (1) geographic proximity to O’Hare Airport; (2) a unique vision from the Stephens family who has largely been able to guide the community; and (3) the success the suburb has had in attracting businesses and visitors. Many suburbs would like to have some of the features that Rosemont has today – particularly the regular visitors who bring tax dollars into the local coffers – yet all of those same features – a convention center, an arena, proximity to O’Hare, years of seeking out a casino – would not fit the character of many communities nor would they necessarily all come together.

In other words, a suburb like this is rare as not every suburban community can develop an entertainment base and have it pay off. (Unfortunately, this article doesn’t delve much into the suburb’s finances. How much debt is there? What is the local tax rate? What happens if one of these major centers or projects crashes?) The lesson to be learned here may be that this is a rare suburb in the Chicago region and it cannot be easily emulated.

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