Hobart plan commission approval gives Albanese access to revenue bonds for expansion project – Chicago Tribune

Post-Tribune

Dec 03, 2021 12:20 PM

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Albanese Confectionery is planning to expand its Hobart production facility and has won a tax abatement to help purchase equipment.

Albanese Confectionery is planning to expand its Hobart production facility and has won a tax abatement to help purchase equipment. (Joe Puchek / Post-Tribune)

The Hobart Plan Commission took another step to pave the way for Albanese Confectionery’s latest expansion on Thursday.

The commission approved a resolution creating a second allocation area within the U.S. 30-69th Avenue tax increment financing district.

According to the city’s economic development director, Beth Jacobson, this allows the maker of Gummi Bears and other candies to pursue revenue bonds to move forward on the project.

The first phase of the confectionery’s multi-phase expansion plan includes a 304,000-square-foot addition attached to the current building with additional parking to the rear of the building. The second phase would include an automated vertical warehouse and the third phase would include two multi-tenant retail buildings.

The commission also approved some amendments to D.R. Horton’s Cressmoor Estates planned unit development as proposed by the City Council and approved a temporary storage container and fencing at Hobart Laundry & Dry Cleaners for remediation purposes.

The council’s amendments include making the Cressmoor Estates Homeowners Association responsible for snow removal, ensuring the property between driveways remain grass, adding more trees to the landscape plan and requiring the day to day operations be handled by a management company, not residents elected to the HOA board.

A representative for the laundry and dry cleaners said the current owner is in an Indiana Department of Environmental Management remediation program.

He asked that the business be allowed to install electrodes in the right of way on Main Street, install a 6-foot chain link fence with screening around it and use a temporary storage container.

He said the project would take about eight months, after which the property would be restored back to its original condition. The commission also gave owner Steve Hovanec another two-month extension to provide a site plan for his concrete crushing business at 327/337 Liverpool Road.

City Planner Ross Pietrzak noted that the matter has been under discussion for two years.

”At some point we need to wrap this up,” Pietrzak said.

Karen Caffarini is a freelance reporter for the Post-Tribune.