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Board reviews Cook County 6B incentive request for redevelopment at 2525 Shermer Road; trustees ask for traffic analysis
Summary
At a preliminary review, staff outlined a proposed Cook County 6B incentive for the former UPS site at 2525 Shermer Road, noting remediation needs and an estimated $4.2 million investment; trustees expressed conditional support while requesting detailed traffic and roadway-impact studies.
Village staff presented a preliminary review of a Cook County 6B incentive request for 2525 Shermer Road, the former UPS site, and asked the board whether the project should proceed to formal application and county review.
The staff presentation described the 6B tax-incentive structure (reduced assessed value in early years) and walked trustees through the early estimates provided by the applicant, including a projected 12-year tax-payment scenario and an estimated redevelopment investment of about $4.2 million to address environmental remediation and update mechanical systems.
Director McEwen told trustees that the site has some environmental contamination that will require cleanup and that the 6B incentive is commonly used to make redevelopment financially viable. McEwen said the applicant provided preliminary traffic calculations but staff had not fully reviewed those materials yet.
Trustee Israel said his primary concern was traffic and operations, noting schools adjacent to the site and asking for detailed roadway-impact analysis and mitigation plans, including controls for staff and contract workers and truck traffic patterns. Staff replied that the applicant estimated about 66 long-haul drivers, that projected traffic is below the previous site’s levels, and that staff will perform a formal traffic analysis if the project advances to a formal application.
Trustees asked about Cook County eligibility requirements (such as vacancy timeframes and investment thresholds); staff said the process is holistic and that the county considers environmental remediation and likelihood of reinvestment in its decisions.
Board members expressed general encouragement about reinvesting in an older industrial site, subject to the additional traffic studies, formal application materials and reviews by related taxing districts (for example school districts) and the plan commission. No final decision on the 6B recommendation was made; the board’s comments serve as preliminary feedback.
Next steps: Staff will review the applicant’s traffic and operational analyses, solicit input from affected taxing districts as appropriate, and return to the board with detailed findings if the applicant files a formal application for the Cook County 6B incentive.
