The Homewood Village Board approved a budget amendment and agreement at the May 26 meeting to evaluate the North Halsted Tax Increment Financing (TIF) District’s ability to support future bond issuances aimed at funding redevelopment projects. According to Homewood Assistant Village Manager Terence Acquah, TIF districts are economic development tools[Read More…]
Tag: economic development
Homewood Hot Topics workshop aimed at helping residents better understand village government
Homewood village staff have been on a mission in recent years to demystify the workings of village government. The village is launching a new opportunity for residents to learn and ask questions about how their government operates. The first Hot Topics workshop, from 6 to 7:30 p.m. on Wednesday, Nov.[Read More…]
Homewood enters into letter of intent with developer interested in building on village hall parking lot
Editor’s note: A number of residents attended the Homewood board meeting Tuesday to learn more about and question the project, and 10 of them made comments. More stories will follow to describe the questions and issues raised by residents.With the Hartford Building nearing completion in downtown Homewood, the developers of[Read More…]
Apparel Redefined plans major expansion in Homewood: Village approves land purchase and redevelopment
The Homewood Board of Trustees on Tuesday, June 27, approved a letter of intent with Apparel Redefined to assist with the purchase and redevelopment of village-owned land on 175th Street and an adjacent office building. The site will be the company’s new headquarters. Apparel Redefined, a leading custom-decorated apparel screen printing and[Read More…]
Breaking: Hazel Crest board votes to annex Calumet Country Club despite objections of protesters
Calumet Country Club will be part of Hazel Crest as soon as the village records the Board of Trustees decision Tuesday, Feb. 14, to annex the property at the request of property owner W&E Ventures. W&E Ventures is owned by Walt Brown of Scottsdale, Arizona, whose previous attempt to redevelop[Read More…]
Project consultants, opponents campaign ahead of Hazel Crest vote on Calumet Country Club annexation
Hazel Crest could add a golf course that is poised to become a commercial/industrial development to the village with one vote on Tuesday, Feb. 14. The Board of Trustees will consider a measure at its regular meeting that would annex the portion of Calumet Country Club that was part of[Read More…]
Residents bring concerns about potential Calumet Country Club development to Hazel Crest board
The redevelopment of Calumet Country Club was not on the Hazel Crest board meeting agenda Tuesday, Sept. 27, but a number of area residents brought the issue forward anyway. During the public comment section of the meeting, residents of Homewood, Flossmoor and Hazel Crest addressed the issue, prompted by information[Read More…]
Chicago’s Federal Reserve Bank president is speaker for Economic Forecast Breakfast
Charles L. Evans, president and chief executive officer of the Federal Reserve Bank of Chicago will be the guest speaker for the 2022 Economic Forecast Breakfast on Friday, April 1. Evans will discuss the economy in the South Suburbs as well as what is currently happening in the country and[Read More…]
Homewood trustees to consider letter of intent with developer
A vacant lot at Dixie Highway and Hickory Road might soon be the site for a new mixed-use downtown Homewood development. Savoia T’Go restaurant in January 2105. The village bought the property later that year.Savoia T’Go is demolished in June 2016 (Chronicle file photos) At the regular board meeting Tuesday,[Read More…]
Groundbreaking marks start to construction of Hartford Building
From left, Homewood Mayor Rich Hofeld, restauranteur Jim Burke, developer Bob Hansen and developer Tim Flanagan take the first shovels of dirt to mark the official start of construction of the Hartford Building. The groundbreaking ceremony took place Thursday, Dec. 16, at the building site on the corner of Ridge[Read More…]
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