Business View Magazine | August 2020
229 BUSINESS VIEW MAGAZINE AUGUST 2020 JACKSONV I LLE , I LL INOI S Jacksonville’s recent accomplishments: “The mayor mentioned the success of our downtown, and I’d like to mention that we’ve had a 20- year TIF (Tax Increment Financing) for the downtown area, so we’ve been able to leverage three to one in private dollars to public dollars. It’s been a very successful program, maintaining the existing structures downtown, therefore providing buildings for new businesses and maintaining the existing businesses we have. “Some of the other highlights I’d like to mention are our healthcare expansions. We’ve had multiple healthcare facilities and new agencies move into the Jacksonville area, all associated with our original Passavant Hospital. We now have HSHS St. John’s Hospital out of Springfield, Illinois located in our community, as well as Memorial Healthcare Systems that are now a big part of our existing hospital. Springfield Clinic is adding a $14 million addition to our hospital’s campus, and an existing Prompt Care facility is undertaking at $1.3 million facelift.
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