Planned West Dundee restaurant set to get money assistance from village
By Erin Sauder For Sun-Times Media June 19, 2014 3:28PM
George Arsoniadis would like to open Bootleggers Kitchen and Pub at 629 S. 8th St., in West Dundee. The site, previously the West End Restaurant and Bar, has been vacant. | Erin Sauder~For Sun-Times Media
Updated: June 20, 2014 2:35AM
WEST DUNDEE — A restaurateur has gotten the nod from West Dundee officials for some financial support to open up the Bootleggers Kitchen and Pub.
George Arsoniadis will open the restaurant at 629 S. 8th St., in West Dundee, the site of the former West End Restaurant and Bar. He said his restaurant will offer a mid-scale casual dining experience with fare including chicken, steaks, ribs, pasta, fresh seafood and salads, burgers, melts, desserts, as well as alcoholic beverages.
In order to open the restaurant, Arsoniadis said he needed some financial backing to renovate the interior and exterior of the site. OTTO Engineering President Tom Roeser is lending him $100,000, and Arsoniadis was seeking $150,000 from West Dundee in incentive consideration.
At Monday’s board meeting, village officials opted not to give Arsoniadis the entire amount he requested, instead allowing for a total of $100,000 in the form of a $50,000 grant to be paid as a reimbursement upon completion of the proposed improvements, and a $50,000 loan with payment assistance provided by a sales tax rebate.
A stipulation is also included in the agreement that states if the business does not continue to operate for a period of five years, all monies that have been paid out for both the loan and the grant would be required to be repaid to the Village of West Dundee.
West Dundee Village President Chris Nelson said several factors influenced the board’s decision to approve the monetary request.
“The investment we’ll be making is in the physical property,” he said. “So the investment will stay in West Dundee whether Bootleggers succeeds or not.”
Nelson said Arsoniadis’ support from Roeser was also “a compelling influence.”
“It’s a good situation with Mr. Roeser supporting him so the restaurant has a fighting chance,” he said.
And the fact that the restaurant sits on the Route 31 corridor is also a plus.
“When we look at the community, we divide it into four quadrants: the Spring Hill corridor, the Randall Road corridor, the downtown and the Route 31 corridor,” he said.
“The Route 31 corridor is a gateway for people coming in from the south. And that particular structure has gone 25 years without a substantial reinvestment. And the reinvestment will breathe a lot of life into that structure.”
Arsoniadis is no stranger to the restaurant business, having opened up the Joe’s American Kitchen and Tavern in Carpentersville, and the Jameson’s Charhouse at Huntley’s Sun City. Arsoniadis also formerly worked with his uncles, Paul and George Karas, at their Village Squire and Alexander’s restaurants.
Initially, he looked at putting business roots down in downtown East Dundee. But he called the West Dundee building “a diamond in the rough.”
“We love the location. Our gut feeling was we wanted to be closer to Route 31. And Randall Road is a little bit too expensive,” he said.