Board Advances Development Plans for Industrial Drive
Village of Monee Board Meeting | August 13, 2025
Article Summary: The Monee Village Board authorized legal and administrative staff to begin negotiating a redevelopment agreement with LS Realty, Inc. for a commercial site on Industrial Drive. The developer plans to upgrade the property with a new warehouse and infrastructure improvements.
LS Realty Development Key Points:
-
Location: 6050 Industrial Drive.
-
Developer: LS Realty, Inc. (Sanchez).
-
Project Scope: Plans include an additional warehouse, water and sanitary upgrades, paving a gravel parking area, and landscaping.
-
Cost: Early assessment costs are projected in the $1.4 million range.
The Monee Village Board on Wednesday, August 13, 2025, took the first formal step toward a new industrial development by authorizing the negotiation of a redevelopment agreement with LS Realty, Inc.
The property, located at 6050 Industrial Drive, is being targeted by Mr. Sanchez of LS Realty, who previously presented his vision to the board on July 23. Administrator Ruben Bautista stated that the developer intends to purchase the property—formerly known as the Gralar property—and significantly upgrade it.
Planned improvements include the construction of an additional warehouse, paving of the existing gravel parking area, and necessary water main and sanitary system upgrades. The developer has requested Tax Increment Financing (TIF) assistance to support the project.
“Mr. Sanchez… has a long history in Monee of seeing and sharing our vision of growth,” Trustee Michael Wilson said. “I think this is a great deal where… he’s wanting to reinvest in Monee and take another property and bring it up to his level.”
The motion passed 6-0, allowing the village attorney and administrator to initiate negotiations, with a final agreement expected to return to the board for approval in the coming weeks.
Latest News Stories
Updated: St. John Woman Charged with Nine Counts of Murder in Crete Township Triple Homicide
NASA plans to build $20 billion base on the Moon
HUD launches investigation into race-based Washington housing program
Illinois lagging the nation for entrepreneurship, economic growth
Illinois Quick Hits: Iowa PA license wait times half of Illinois
Will County Previews ‘GuideWill’ Comprehensive Resource Management Plan
Peotone Library Board Rescinds Prior Decision, Returns to Werner’s Landscaping
Peotone Library Board Seeks Applicants for Vacant Trustee Position, Approves Staff Promotion
State attorneys general blame feds for rising gas prices, Trump admin pushes back
Union president: TSA workers want to be paid, not replaced by ICE
Illinois Quick Hits: DHS wants migrant charged with killing to remain in custody
IL U.S. Rep says health care crisis caused by failing to extend ACA tax credits