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Chicago-Main tax district up for vote

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Evanston aldermen tonight are scheduled to vote on plans to establish a tax increment financing district for the shopping area at Chicago Avenue and Main Street.

Creation of the district is aimed in part at jump-starting plans for a mixed use retail and office development on a now-vacant parcel at the southeast corner of the intersection.

That project has been stalled because of difficulties finding an anchor tenant for the planned office space.

But the proposed TIF is also intended to provide funds for water and sewer upgrade projects and possibly other commercial development in the neighborhood.

Top: A rendering of the proposed office building at Chicago Avenue and Main Street.

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Related document

City Council packet with TIF district proposal

 

 

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