Sunday, August 19, 2012

Carbondale Downtown TIF Redevelopment




The City of Carbondale is developing two Tax Increment Financing Districts. The large district above is in the historic downtown. Southern Illinois University is at the south end of the District. Major roads intersect the district from all directions. The AMTRAK station is near the center of the District. The City owns a number of properties within the TIF.

The City will use TIF to assist redevelopment. The City is poised for great redevelopment facilitated by the proximity of the University and by the face that the area is traversed by all the major roads.  The district is attractive and can support substantial quality redevelopment.




Contact:

Gary Williams
Economic Development Coordinator
City of Carbondale
200 S. Illinois Ave., Carbondale, IL 62902

PH: (618) 457-3286
FAX: (618) 457-3224
gwilliams@ci.carbondale.il.us



Smaller TIF District


This smaller district above is located west of the downtown area. The District includes two large historic structures. In addition to TIF incentives, the redevelopment of the historic properties could receive a valuable historic tax credit.


Great Opportunities for Redevelopment

Contact:

Gary Williams
Economic Development Coordinator
City of Carbondale
200 S. Illinois Ave., Carbondale, IL 62902

PH: (618) 457-3286
FAX: (618) 457-3224
gwilliams@ci.carbondale.il.us