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Redwood closes on property; Norwood continues due diligence on Block B; trustee to attend school board on TIF extension
Village of Fox River Grove Board of Trustees · April 1, 2026
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Summary
Administrator Soderholm told trustees that Redwood has closed on the property and plans demolition within two weeks of closing on construction loans with grading and infrastructure before winter. Norwood Builders is proceeding with due diligence on Block B, and Trustee Steve Knar offered to attend a school board meeting about the village's TIF extension request.
Administrator Soderholm told the board that developer Redwood has closed on the property and plans to begin demolition within two weeks of closing on construction loans, with mass grading and infrastructure work to…
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