News Flash Home
The original item was published from 8/13/2021 12:24:19 PM to 12/14/2021 12:00:03 AM.

News Flash

General Press Releases

Posted on: August 13, 2021

[ARCHIVED] Westmont TIF Districts Update

Westmont, Illinois -- Date Issued: August 13, 2021

On August 13, the Village of Westmont participated in two separate TIF Joint Review Board meetings regarding the Central Business District (CBD) and the South Westmont Business District (SWBD) TIF Districts.  The two TIF, tax increment financing, districts were created in 2013 for the purpose of assisting with redevelopment in previously blighted areas of the community.

“By all accounts, we have to declare our two TIF districts a big success,” said Mayor Ron Gunter.  “It wasn’t too long ago in which the old strip mall was an eyesore for the community at 63rd and Cass.  The TIF district provided the incentive needed to encourage developers to move forward with projects.  Since the creation of the South Westmont TIF, we have had a number of new businesses open their doors including Mariano’s, LA Fitness, Raising Canes Restaurant, Starbucks, and now the new Amazon Fresh store.  Also, our Central Business District TIF resulted in the currently under construction Holladay development at Cass and Quincy which will include downtown residential units as well as a ground floor restaurant for Whiskey Hill.  All of this development was inspired by the creation of the TIF districts.”  Other new businesses that are part of the SWBD TIF include Great Clips, a Bank of America location, and the soon-to-open Smoothie King.

Additionally, the approved plan for a 7-story development on the northeast corner of Cass and Burlington also falls within the boundaries of the CBD TIF District.  As the TIF districts continue, additional projects are being considered and expected in the future.  More TIF information can be found on the Westmont TIF District webpage.  



Facebook Twitter Email

Other News in General Press Releases

West Quincy Street Construction Update

Posted on: September 20, 2023

2023 Wicked West Fest Events

Posted on: August 17, 2023

Endless Summer Car Shows Return

Posted on: August 16, 2023

2023 Silent Parade Oct. 13

Posted on: August 18, 2023

Village Offices Closed Oct. 9

Posted on: September 7, 2023

Back To School Safety

Posted on: August 7, 2023

Village Offices Closed Sept. 4

Posted on: July 28, 2023

Excessive Heat Warning August 22-24

Posted on: August 22, 2023

Back to School Resource Fair Aug. 12

Posted on: August 8, 2023

DuPage County Seeks Feedback

Posted on: July 27, 2023

West Nile Virus Update for DuPage

Posted on: July 17, 2023

Do Not Hesitate - Call 9-1-1

Posted on: June 21, 2023

Westmont Fire Department Promotions

Posted on: July 14, 2023

Village Construction Updates

Posted on: June 16, 2023

2022 Water Quality Report

Posted on: June 23, 2023

Cruisin’ Nights Kickoff June 1

Posted on: May 4, 2023

2023 Taste of Westmont

Posted on: June 2, 2023

BNSF Tracks Closed at Cass July 8

Posted on: June 7, 2023

Water and Garbage Rate Update

Posted on: April 21, 2023

Fire Department Promotions

Posted on: June 8, 2023

Westmont Compost Program

Posted on: April 11, 2023

West Quincy Streetscape Project

Posted on: April 19, 2023

Mulch Volcanoes May Harm Your Trees

Posted on: April 20, 2023

Trustees Sworn Into Office

Posted on: May 5, 2023

988 Suicide & Crisis Lifeline

Posted on: April 6, 2023

2023-2024 Village Budget Presentation

Posted on: April 14, 2023

Fire Department Safety Update

Posted on: April 4, 2023

Call 811 JULIE Before You Dig

Posted on: March 23, 2023

Chief Riley Recognizes Fire Personnel

Posted on: March 10, 2023

METRA Launches

Posted on: January 18, 2023