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Wheeling board approves 6B tax incentive for redevelopment at 100 East Palatine Road
Summary
The Wheeling Village Board unanimously approved a Cook County Class 6B property tax classification and a related 12‑year incentive agreement for JCW Development to demolish a vacant training campus and build a ~60,000 sq ft light‑industrial facility, with an estimated $10 million investment and projected $2.3 million additional property tax revenue over 12 years once occupied.
The Wheeling Village Board voted unanimously May 18 to approve a Cook County Class 6B property tax classification and related development incentive for the property at 100 East Palatine Road.
Representatives for applicant JCW Development, including Will Scott and attorney Mark Rogers, told the board the plan is to demolish an existing roughly 67,000 square‑foot former training campus and construct a new roughly 60,000 square‑foot light industrial or manufacturing building. The applicant said the total investment — property acquisition, demolition and construction — is just under $10 million. No tenant was identified at the hearing; the developer estimated it may take four to six months to lease the space and said it will pursue tenants prior to completion when possible.
Under the approved agreement the village would activate the 6B incentive only after a tenant occupies more than 50% of the building. Staff and the applicant estimated the change in classification and eventual activation of the incentive could generate an anticipated $2.3 million of additional property tax revenue for the property's tax parcel over a 12‑year span compared with leaving the building vacant. The board asked about construction timing; the applicant estimated completion in September or early October of next year and said tenant negotiations would run in parallel when feasible.
The motion to approve was moved and seconded; roll call votes were recorded as 'yes' from Trustees Papantos, Vogle, Veto, Krueger and President Horker, and the measure carried.
The developer emphasized the project will be light manufacturing with no heavy distribution or large truck traffic planned. The agreement gives the village the right of refusal to approve future tenants or purchasers, a provision noted during the presentation.
Next steps include final execution of the incentive agreement and developer permitting and construction scheduling; activation of the tax incentive will be contingent on the tenant occupancy threshold being met.
