Villa Park Illinois

upward trajectory. “We’re establishing a Tax Incremental Financing (TIF) district to provide the necessary incentive for the construction of this 220-unit apartment building.” Harline says that the Village anticipates construction of this project will begin this summer. Other key residential offerings in the pipeline for the Village include a Hawthorne Development- led project representing a $120 million mixed-use market-rate residential project across from the Village’s Metra Station. Encompassing 348 market units in addition to 440 available parking spaces and close to 9,000 square feet of commercial retail space as well as boasting other high-end amenities. Businesses continue to show interest in this Village jewel with the recent addition of a new Popeye’s, Casey’s General Store, Belle Tire, Ross Dress for Less, Charley’s Cheesesteaks, and the new coffee shop on Villa by the Prairie Path cleverly named Villa Perk. All signs point towards further commercial growth as the Village paves the way to welcome additional businesses moving forward. THE OPTIMAL GROWTH STRATEGY Today the town’s economic landscape is very diverse. Employers like Conxall Corporation, Jewel Osco, and Supreme Lobster and Seafood Company contribute to the village’s economic vibrancy. Later in 2024 Arrow Trucking will move into their brand-new building on North Villa Avenue on the site of the old Odeum Sports and Convention Expo Center. The sleek, multi-million dollar facility was constructed by local firm Keeley Construction. Through a mixture of zoning ordinances, business- friendly incentives, and a town staff willing to work closely with developers, Villa Park stands out as an 6 CIVIL AND MUNICIPAL VOLUME 5, ISSUE 01