Q Lotus Holdings Inc. (fka QLTS)

[jhnvtjll]

Lake Zurich has been named the best city in Illinois for young families.

http://www.nbcchicago.com/news/local/Report-Ranks-Best-Cities-for-Young-Families-in-Illinois-290805251.html



From January 7, 2015 PR:

In connection with the QLTS Real Estate Finance Group, Q Lotus Holdings Inc. has acquired for $1,500,000 the former Bank of America building located at 35 W. Main Street, Lake Zurich, IL 60047and all rights for development in the Lake Zurich area of its previous owner.

The QLTS Real Estate Finance Group has plans to establish quality dining entertainment and banquet facilities in the former Bank of America building and work in cooperation with the Village to develop a full scale entertainment complex in the beautiful Lake Zurich setting. The Group intends to offer to the village additional commercial and residential facilities subject to village approval, providing the village of Lake Zurich with a dynamic, diversified and beautiful downtown area. The development would be done in phases. It is estimated that if all phases are completed, the entire project would be approximately a hundred and fifty million dollars.