FINANCIAL_SERVICESRECOMMENDED

Amended Terms for Hawthorn SP in Mall Project

Ordinance 2026-087 proposes a Third Amendment to the Hawthorn Mall Redevelopment Agreement, adjusting incentives and schedules for Hawthorn SP, LLC and other developer entities involved in the TIF‑supported project.

Document date · September 1, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Maximum reimbursement $64.05 million; original $7.5 million sales tax sharing component removed
Contract type
FINANCIAL_SERVICES
Contract term
Project phases with milestones through April 1, 2030
Renewal date
2030-04-01
Renewal
Existing multi‑party redevelopment agreement is amended, with revised incentives and deadlines through April 1, 2030.
Document type
AgendaPacket
Source document
Village of Vernon Hills AgendaPacket 2026-09-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Vernon Hills village?

Hawthorn Sp Llc was awarded this financial services contract by Vernon Hills village, as recorded on September 1, 2026. The contract value is Maximum reimbursement $64.05 million; original $7.5 million sales tax sharing component removed.

How much is the Hawthorn Sp Llc contract with Vernon Hills village worth?

The Hawthorn Sp Llc contract with Vernon Hills village is valued at Maximum reimbursement $64.05 million; original $7.5 million sales tax sharing component removed, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Village of Vernon Hills AgendaPacket 2026-09-01 (AgendaPacket), dated September 1, 2026 from Vernon Hills village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hawthorn Sp Llc hold?

Hawthorn Sp Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Vernon Hills village currently buying?

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