News Flash Home
The original item was published from 7/19/2019 4:10:00 PM to 8/13/2019 9:51:32 AM.

News Flash

1. Latest News

Posted on: July 3, 2019

[ARCHIVED] Information on Proposed Oakton - Niles TIF District

Homewood Suites

The Village of Skokie has a generational opportunity to induce several transformational developments at an important intersection in the Downtown on properties that have been vacant, underutilized and declining in equalized assessed value (EAV) for many years. A brand new Homewood Suites by Hilton Hotel and Conference Center is being proposed for the former Sanford Brown College site at 4930 Oakton Street and will include formidable conference/banquet space, ground floor retail, and a unique restaurant/rooftop bar, along with other attractive amenities.  The Oakton-Niles Tax Increment Financing District (TIF) is proposed to support this and other new developments in Downtown Skokie. See timeline for approval consideration process and answers to frequently asked questions about the proposed Oakton -Niles TIF, the developments it will support and benefits to the community.

Representatives from the taxing jurisdictions voted unanimously to recommend the proposed TIF District on the basis of the proposed TIF District satisfying the statutory eligibility criteria for a 6.5-acre area in Downtown Skokie following a presentation by Village of Skokie staff and consultants on the merits and qualification of the proposed TIF District. Representatives included: Niles Township Government, Niles Township High School District 219, Oakton Community College, Skokie/Morton Grove School District 69, Skokie Library District, Skokie Park District, the Village of Skokie and an at-large public member.

A public open house on the proposed new TIF that includes an update on all Downtown Skokie development is scheduled for Tuesday, August 13, 2019, from either 11:30 a.m. to 2:30 p.m. or 5:30 to 8:30 p.m. at Ignite Skokie, 8125 Skokie Boulevard, Skokie. The event is open to the public.

August 13, 2019 Skokie Downtown Open House Postcard



Additional Info...
Facebook Twitter Email

Other News in 1. Latest News

Construction Alert graphic

Oakton Street Bridge Replacement

Posted on: February 20, 2024
Skokie refuse collection truck on street

Help Decorate Skokie’s New Refuse Truck

Posted on: February 13, 2024
Tree Pruning contractor in tree

Routine Parkway Tree Pruning Planned

Posted on: February 12, 2024
Bundle Upfor Bingo logo

Bundle Up for BINGO - Postponed

Posted on: February 6, 2024 | Last Modified on: October 11, 2023
Steam rollers paving a path

2023 Q4 Sustainability Plan Progress

Posted on: February 6, 2024
Skokie Village Hall

Update on Village Network Outage

Posted on: February 1, 2024
ComEd arborists conducting tree trimming

ComEd to Perform Tree Trimming

Posted on: February 1, 2024
Water main repair crew

Skokie Spotlight: Water Main Repair

Posted on: January 19, 2024
Skokie home with solar panels on the roof.

Submit Sustainability Award Nominations

Posted on: January 9, 2024
Officer Kimberly Blue and Brian McHugh

Get to Know: Skokie's Co-Responder Team

Posted on: January 2, 2024
Skokie Village Hall

Some Online Payment Services Unavailable

Posted on: December 22, 2023
Skokie Village Hall

Village Recognized for Innovative Services

Posted on: September 25, 2023
Traffic Cones

It's Road Construction Season

Posted on: April 11, 2023