|Designation: 1999 Expiration: 2022
The Clark/Montrose TIF is characterized by retail and mixed-use properties in the eastern portion of Edgewater community. More than half of the increment in the 51-acre district is targeted for rehabilitation purposes, specifically for commercial, institutional and mixed-use properties along Clark Street. The district is also intended to provide incentives for new construction projects that capitalize on the expansive residential areas adjacent to both Clark and Montrose Avenue, and projects that preserve or rehabilitate historic or architecturally significant structures. Other priorities include job assistance to training and readiness programs, and improvements to public rightof- ways, parks and schools. The TIF has or will utilize a minimum of $7.3 million in public dollars to attract a minimum of $10 million in private investment.
Redevelopment Plan (PDF)
Designation Ordinance (PDF)
Annual Report (PDF)
Projection Report (Data Portal)