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Development


Illinois, United States
Government : Municipal
RFP
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The Village is seeking the best qualified Developer for the Project. The Village recognizes that
prospective Developers may have varying degrees of direct, successful experience with redevelopments. The Developer selected by the Village to
execute the Project based on an accepted proposal shall have exclusive redevelopment rights and rights to
purchase the property for private uses and the Project shall remain taxable land; however, this right would
not inherently be extended to the purchase of Village-owned property identified for public purposes. The
selected Developer may be required, as part of a redevelopment agreement, to provide certain public
structures such as infrastructure and parking as required to provide a complete Project in conformance
with a redevelopment agreement.

The Villages goal for the completed Project is to provide a high quality, fiscally successful commercial
development in the Villages Downtown. We wish to help create a viable, visually appealing, and
financially successful commercial development that not only becomes part of but that enhances the
commercial and cultural fabric of the Village. The Village is also interested in getting this project
approved and built within a reasonable amount of time.

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