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Economic Development In Southwestern Illinois

Moran Economic Development assisting cities with TIF, enterprise zones and business district development

By ALAN J. ORTBALS    Over the last year, Keith Moran, president of Moran Economic Development in Edwardsville, has been working with cities, counties and numerous taxing districts throughout Southwestern Illinois on enterprise zones, business districts and tax increment finance districts.    “There are a lot of TIF districts that are expiring these days,” Moran said. “I’ve…

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Memorial East campus booming, new residential developments going up in Shiloh

By ALAN J. ORTBALS    Big things are building in Shiloh. The campus of Memorial East Hospital is booming. Last year BJC HealthCare and Washington University Pediatrics, in partnership with St. Louis Children’s Hospital, opened a new pediatric center there. This is the first Washington University Pediatrics multispecialty office outside of Missouri, giving Illinois residents direct…

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Business district amendment opens up new acreage in Highland

By ALAN J ORTBALS    The city of Highland recently amended its business district. There were two, business district A and B. Now those have been combined plus the overall district has been extended to the south to add about 13 acres of open land that Mallord Hubbard, the city’s economic and business recruitment coordinator, thinks…

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Edwardsville’s first and oldest shopping center being revitalized with business district tax help

By ALAN J. ORTBALS    The Montclaire Shopping Center on Troy Road in Edwardsville is undergoing a $2.1 million renovation with the city’s assistance via the designation of a business district under Illinois state law. Developed in 1958, the shopping center was the city’s first such retail development, turning 60 years old last year.    “When the…

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O’Fallon adding property tax abatement to enterprise zone to attract national tenants

By ALAN J. ORTBALS    Major developments are imminent in O’Fallon’s Mid-America Enterprise Zone, and the city is moving as rapidly as possible to bring them to fruition.    TriStar, a St. Louis real estate development company that created the Gateway Commerce Center in Edwardsville, is working with the city of O’Fallon to attract light industrial/warehouse developments…

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