Tag: economic development

Homewood approves tax break for new restaurant

The Homewood village board, at its Sept. 25 meeting, passed a resolution supporting a Class 8 tax incentive for a property at 1941 Ridge Road. The property is expected to be the location of a new restaurant. Trustee Lisa Purcell abstained from voting because she has an ownership interest in[Read More…]

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Flossmoor buys vacant downtown land for development

A 37,500 square-foot plot of land in downtown Flossmoor that has been vacant for more than a decade is now slated for development, with village officials considering businesses, high-end apartments, restaurants and community space as potential options. You have reached content available exclusively to Homewood-Flossmoor Chronicle digital subscribers. Receive a[Read More…]

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Homewood trustees approve business incentive for Bookies, tour new fire truck

The Homewood Board of Trustees approved business incentives for Bookies New and Used Books, an independent book store being developed at 2015 Ridge Road. The brief meeting was preceded and followed by tours of the village’s new fire truck, which went into service Tuesday night. You have reached content available exclusively to Homewood-Flossmoor Chronicle[Read More…]

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Former banks coming down

Two former bank buildings are coming down to make way for new developments, one in Flossmoor, one in Homewood.   The old bank branch building on Governors Highway   as seen on Aug. 22. By Sunday, Aug. 26, the building   was almost completely gone. In its place will be a   new[Read More…]

Want to open a new business in Flossmoor? Here’s how to apply for an economic incentive

Prospective Flossmoor business owners who want to ask the village board for financial incentives now have some ground rules for their application process. At the Flossmoor village board’s July 2 meeting, trustees unanimously approved formal economic development policy guidelines in an effort to clarify what types of financial incentives it will[Read More…]

Triumph building purchase on board agenda Tuesday

Homewood officials have reached an agreement to purchase a vacant building that has for some time been featured in its plans for downtown redevelopment.Trustees on Tuesday will have an opportunity to approve a contract on the building at 2033-2045 Ridge Road and 18042-18044 Martin Avenue, commonly referred to as the[Read More…]

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CN official lauds company relationship with Homewood

Diverse. Stable. Respectful. Those are the characteristics of Homewood that attracted Canadian National Railway to the village and persuaded company officials to locate its U.S. training center here, according to John Orr, CN senior vice president of operations.  You have reached content available exclusively to Homewood-Flossmoor Chronicle digital subscribers. Receive a[Read More…]

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FRIDAY, OCT. 7

  • Anew: Building Beyond Violence and Abuse Sneaker Ball fundraiser.

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