Walmart officials announced on Wednesday that the Homewood store at 17550 Halsted St. will close on March 10 because its financial performance has not met company expectations. “This decision was not made lightly and was reached only after a thorough review process,” said Felicia McCranie, communications director for Walmart in[Read More…]
Tag: TIF district
Tax levy, 2 proposed businesses on Homewood trustees’ agenda
Owners of two proposed businesses will have requests on the Homewood Board of Trustees agenda during its regular meeting Tuesday, Oct. 27. The board will also hear a presentation on the draft 2020 real estate tax levy and consider ordinances to formally establish a downtown TIF district. Zenovia Love is[Read More…]
Flossmoor seeking proposals for commercial development
Flossmoor officials have extended the deadline to submit commercial development proposals for vacant property in the village’s southwest corner. The village is looking to develop just under 29 acres (17 parcels) of the 36 acres it owns in the former tax increment financing district (TIF) near Meijer. You’ve reached subscriber-only[Read More…]
Public hearing for new TIF district in Homewood set for Tuesday
The Village of Homewood will host a public hearing at 7 p.m. Tuesday to provide information and invite comment about a proposed tax increment finance district on the site of the former Bogart’s Charhouse. The hearing will include a report from the Joint Review Board, which includes representative from other[Read More…]