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Arsenal plan wins committee vote on tax break
CenterPoint Properties seeks 1820 acres plus 360 adjacent acres at Joliet Arsenal to form Deer Run Industrial Park with a tax increment financing district. Local schools fear lost tax dollars and push for a mandatory contribution from the developer to offset growth while Elwood trustees weigh final approval next month.
MENTIONED IN THIS ARTICLE
Joliet Arsenal
Elwood Board of Trustees
Oak Brook
CenterPoint Properties
Arsenal
Deer Run
Midewin Tallgrass Prairie
CenterPoint
Elwood Village Board
David Sellers
Joliet Township
Sellers