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Deerfield approves option to buy 700 Deerfield Road as part of downtown TIF redevelopment plan; one trustee opposed
5855102 · September 17, 2025
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Summary
Trustees approved an ordinance authorizing an option/purchase agreement for 700 Deerfield Road in the Village Center TIF district to advance the redevelopment plan; the vote was 5–1 with Trustee Jacoby voting no.
The Village of Deerfield Board of Trustees on Sept. 15 approved an ordinance authorizing execution of an option and purchase agreement for the property at 700 Deerfield Road, located in the downtown Village Center tax‑increment financing (TIF) district.
Village staff said purchasing the parcel would…
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