Main & Chicago TIF

The Chicago/Main Tax Increment Financing (TIF) district #8 was approved in January 2013. The goal of this TIF district is to support the continued development of the thriving business district located near the intersection of Chicago Avenue and Main Street.

1/25/2013 - Redevelopment Implementation Plan for Main/Chicago - Final

Approved Chicago/Main Tax Increment Financing District

As one of Evanston’s oldest commercial districts, TIF will permit the City to make crucial infrastructure investments that will ensure the sustainability of this district for decades to come.  The TIF district also affords the opportunity to take advantage of the opportunity to improve the connectivity between the CTA and Metra stations. A map of the district shows the approved Chicago/Main TIF boundary and the properties to be included in the TIF district.

The designation of a TIF district is a multi-step process.  TIF is an economic development tool utilized by municipalities to improve aging infrastructure, assist in redevelopment efforts, and reduce obsolescence in older neighborhoods.  Per Illinois State statute, the City is required to document physical conditions within the district prior to TIF district designation to determine qualification for a TIF district.  This information is compiled into a draft Redevelopment Plan. The City also is required to adopt three ordinances to establish the district.   These ordinances were introduced at the December 10, 2012 City Council meeting and were adopted at the January 28, 2013 City Council meeting. 

Main/Chicago Projects

The owner of the property located at the southeast corner of Main Street and Chicago Avenue has worked for the past three years to develop a concept for redevelopment for this property.  On Thursday, October 17, 2013, Alderman Melissa Wynne convened a neighborhood meeting to discuss the preliminary concept and solicit feedback from the public.  The presentation from the developer can be viewed here.  

Main/Chicago TIF Committee

City Council approved the Main/Chicago Implementation Plan that calls for the development of a Mayoral-Appointed seven-member Advisory Committee that will review all proposed expenditures within the TIF District and make non-binding recommendations to City Council.  The Mayor appointed the seven-member Committee.  Information on this group and meeting agendas can be found here.

For Additional Information, please contact:

3rd Ward Alderman
Melissa Wynne
(847) 328-5651
mwynne@cityofevanston.org

Economic Development Division Manager
Johanna Nyden
(847) 448-8100
jnyden@cityofevanston.org

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Economic Development

2100 Ridge Avenue #3600
Evanston, IL 60201
847.448.8100

Economic Development Division Manager:
Johanna Nyden

847.448.8014
jnyden@cityofevanston.org

Economic Development Coordinator:
Paul Zalmezak

847.448.8013
pzalmezak@cityofevanston.org

Economic Development Coordinator:
Meagan M. Jones

847.448.8170
mmjones@cityofevanston.org

General Inquiries:
economicdevelopment@cityofevanston.org