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…]
Tag: transit-oriented development
Homewood trustees to consider Triumph Building redevelopment plan at Monday meeting
Homewood trustees will consider three measures at their meeting Monday that, if approved, would enable the redevelopment of the Triumph Building by HCF Homewood LLC to move forward.
Sale of village hall parking lot on trustees’ agenda Tuesday
Homewood trustees will consider a contract at the regular board meeting Tuesday to sell the village hall parking lot at 2024 Chestnut Road to a developer. The property has long been on the village’s list of properties that could be put to use as transit-oriented residential and commercial developments. The[Read More…]
Homewood presents new TIF district plan at public hearing
Homewood officials and a financial consultant introduced the plan for a proposed tax increment financing (TIF) district in the downtown area during a public hearing at village hall on Tuesday, April 11. Several residents asked questions about the TIF plan and about one of the first projects expected to benefit[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.
Homewood approves feasibility study aimed at downtown redevelopment
Homewood trustees approved two ordinances that will help bring the redevelopment plans for the central business district closer to reality. At the Jan. 24 village board meeting, the board members unanimously agreed to authorize a study of the feasibility of establishing a downtown transit oriented development tax increment financing (TIF) district.
Homewood agrees to buy Ridge Road building — briefly
Homewood took another step in laying the groundwork for a major downtown redevelopment project Tuesday when the Board of Trustees agreed to purchase the old Funk Hall building at 2049-2051 Ridge Road. The village will not own the building long, however. It has an agreement to sell the building to[Read More…]
Homewood hires consultant to help with development projects
Homewood officials have spent more than half a year laying the foundation for new redevelopment projects in the downtown area. On Tuesday, Aug. 23, one more piece was added to that foundation. Trustees approved a budget amendment for $83,750 and authorized Village President Richard Hofeld to enter into a contract[Read More…]