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Oak Park council approves tax-abatement for ice-manufacturing facility at former Forgotten Harvest site
Summary
The council approved an obsolete property rehabilitation exemption for 21800 Greenfield Road, enabling owners Matthew and Brian Lucia to renovate the former Forgotten Harvest building into an ice-manufacturing plant that the developers say will create about 73 jobs and bring an estimated $165,093 in annual tax revenue to Oak Park. The abatement is capped at $300,000 over 12 years.
Oak Park’s City Council on Dec. 1 approved an obsolete property rehabilitation exemption for 21800 Greenfield Road, clearing the way for owners Matthew and Brian Lucia to convert the former Forgotten Harvest building into an ice-manufacturing facility.
Director Kim Maroney told the council the exemption freezes property taxes on the building for up to 12 years to make the project financially viable. She said the assessor’s estimate of current taxes on the property is $165,093 per year and that the total value of the abatement over the 12‑year period will not exceed $300,000. "The…
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