Tax Increment Financing In Southwestern Illinois

Southwestern Illinois TIF Success Stories Maryville hires Moran Economic Development to create first TIF district By ALAN J. ORTBALS    While Moran Economic Development is not an old firm, it’s quickly become the economic development right arm of many communities in Southwestern Illinois.     Keith Moran, president of MED, said he’s on call with communities like…

Southwestern Illinois TIF Success Stories Alton uses TIF to help renovate vacant buildings, attract jobs By ALAN J. ORTBALS    Since creating its first TIF district in 1994, the City of Alton has seen dramatic development.     TIF 1, the Riverfront TIF District, has been the catalyst not only for extensive development in the downtown area,…

Southwestern Illinois TIF Success Stories PGAV Planners help Springfield redevelop ‘untouchable’ industrial site By ALAN J. ORTBALS    PGAV Planners was one of the founding members of the Illinois Tax Increment Association.     Part of PGAV, a global professional firm specializing in planning, architecture, design and destination consulting, PGAV Planners has provided TIF assistance in 24…

Southwestern Illinois TIF Success Stories Fairview Heights using TIF to revitalize aging commercial area By ALAN J. ORTBALS    The city of Fairview Heights created its third TIF district in 2007. This one — the Lincoln Trail TIF District — is aimed at revitalizing the Lincoln Trail commercial corridor from near its intersection with Illinois Route…

Southwestern Illinois TIF Success Stories Columbia using TIF to pursue development of Admiral Trost Development Park By PAUL A. ELLIS    Formerly blighted property along Illinois 3 and Valmeyer Road has blossomed under the benefits of Columbia’s Admiral Parkway Redevelopment Area. With five years remaining in its lifespan, the district’s dedication of tax increment financing revenues…

Southwestern Illinois TIF Success Stories Uptown Collinsville buildings rehabbed with help of TIF grants By ALAN J. ORTBALS    Uptown Collinsville has been undergoing a transformation in recent years and one of the tools the city has used to accomplish it has been the Uptown Structural Rehabilitation and Façade Grant Program made possible by tax increment…

Southwestern Illinois TIF Success Stories Highland uses TIF to protect and enhance commercial tax base By ALAN J. ORTBALS    The city of Highland was late to the TIF game, creating its first district in 2008 and adding its second just two years ago.     The first district was created to try to stem the ebbing…