Good news on post-pandemic business/development front libertyvillevol mainstreetlvill mundelein_il vernonhills greenoaksil glmvchamber
From new homes to commercial development and a variety of other projects, the four communities that constitute the Green Oaks, Libertyville, Mundelein, Vernon Hills Chamber of Commerce are rebounding from the coronavirus pandemic.
Mayor Bernard Wysocki reported the Rondout tax increment financing district -- where property taxes above a certain point are funneled back into redevelopment -- generated $2.3 million in 2022. Funds are used as development incentives as well as other work, such as a Route 176 streetscape program. The family known for owning the Chicago Blackhawks is planning Ivanhoe Village on 700 acres bounded by Route 60, Route 83 and Peterson Road.
"We're at about the highest we've ever been," said village Trustee Thom Koch Jr., who has been on the board since 1993.
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