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[Read More…]
Tag: economic development
Homewood to purchase building once part of proposed development
Homewood agreed to purchase the vacant Triumph building at the corner of Ridge Road and Martin Avenue and village officials hope to reignite a development plan at the key location in downtown Homewood.
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[Read More…]
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.
Land bank authority eyes redevelopment of three Homewood buildings
Homewood Village Board members approved an intergovernmental agreement with the South Suburban Land Bank Development Authority at their Jan. 23 meeting, setting in motion a process to redevelop three vacant properties. The board also approved variances for Freddy’s Frozen Custard, which plans to open a restaurant on Halsted Street later[Read More…]
Land off Halsted in Homewood sold to developers, parcel donated to IDOT
Two new restaurants may be coming to land near the corner of 175th and Halsted Streets in Homewood. The village is selling land near the intersection to developers and donating space to the Illinois Department of Transportation following action by the Homewood Village Board Sept. 12.
Homewood to consider selling land to developers
At their regular board meeting Tuesday, Sept. 12, Homewood trustees will consider selling three parcels of land at the northwest corner of Halsted and 175th streets that would enable redevelopment of the property. Two developers are involved in the purchase. One developer, GMX, plans to build restaurants on the site. [Read More…]
Homewood trustees to consider economic development measures, mining special use permit at Tuesday meeting
The Homewood Board of Trustees will have several economic development-related measures to consider at its regular meeting at 7:30 p.m. on Tuesday. It will also consider granting a special use permit to allow Hanson Materials to conduct mining, blasting and extraction of aggregate in the quarry area just south of[Read More…]
Homewood hires Mesaros as director of economic development
Homewood officials announced Friday, March 17, that the village has hired Angela Mesaros as director of economic development. She starts work on Monday, March 20.
Walmart opens new supercenter in Homewood
Walmart’s new supercenter at 175th and Halsted streets opened its doors early Wednesday, Oct. 26, with fanfare provided by the Homewood-Flossmoor High School marching band and cheers by the store’s staff. Walmart and village officials marked the occasion with a ribbon-cutting ceremony presided over by Homewood Mayor Richard Hofeld. The[Read More…]