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St. John RDC approves economic development agreement form for Kmart redevelopment with Air Alchemist LLC
3614322 · May 29, 2025
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Summary
The Town of St. John Redevelopment Commission unanimously adopted a resolution authorizing a form of economic development agreement with Air Alchemist LLC (developer represented by the DeMeo Group) to provide TIF incentives for redevelopment of the former Kmart building.
The Town of St. John Redevelopment Commission on May 28 adopted Resolution 2025-05-28 B, approving a form of economic development agreement among the Town of St. John, Lake County, the St. John Redevelopment Commission and Air Alchemist LLC.
Town Manager Billy described…
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