Bistro seeks Shorewood loan for move

Published on: 1/7/2010

Shorewood - The village Community Development Authority on Friday will consider giving a $102,500 loan to help North Star American Bistro move to a larger location.

The restaurant's application says the bistro has been run by Michael Stoner and Dan (Duffy) O'Neil since October 2004 at 4515 N. Oakland Ave. The bistro says its lease is expiring and it wants to move into a larger space in the Cornerstone Building, 4514 N. Oakland Ave.

The larger space would enable the restaurant to add five to 10 full- and part-time jobs, the application says.

The 10-year loan would be at 2% interest. It would be used to make improvements to the building and to buy equipment.

The restaurant is also requesting a $50,000 grant from the village for improvements to the building.