In the summer newsletter we asked readers if they knew how or why the Mount Prospect Park and Shop changed its name and one of you had the answer! (Thanks, Tom!) During the Mount Prospect Façade Improvement Project of the 1980s, Park and Shop owner Mike Weinberg worked with Ken Fritz to give the shopping center a new look. One of these changes was adding an arch above the central driveway. While the arch was a nice feature, it still seemed to be missing something. Mike suggested adding a clock as a focal point and his wife Penny, an artist, drew the design. At this same time the Park and Shop, the Village of Mount Prospect, and Ken held a contest to pick a new name for the updated shopping center. Children from around town were invited to submit their ideas and the child who submitted the best name would receive a $100 savings bond. “Prospect Place” was the clear winner.