Glen Ellyn approves TIF district along Roosevelt Road
GLEN ELLYN – After a unanimous vote from the Village Board of Trustees Oct. 14, Glen Ellyn has established a TIF district along Roosevelt Road to encourage growth in the area, which has struggled with private development.
"The rationale for doing this is to use probably the best and most utilized economic development tool to proactively address some needs of investment – both public and private – in a very important commercial corridor on Roosevelt Road," Village Manager Mark Franz said.
The district includes the north side of Roosevelt Road from Main Street to Park Boulevard, with the exclusion of some residential areas, and the area bordered by Park Boulevard, Route 53, Roosevelt Road and Taft Avenue.
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