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Pinckneyville places TIF redevelopment plan on file after developer outlines 35 jobs and $500,000 local investment
Summary
The Pinckneyville City Council placed a Tax Increment Financing (TIF) redevelopment agreement with Horizon Management & Developer Group on file after the developer described plans for a production facility in the McDaniel Furniture building that the company says would create about 35 jobs and rely on roughly $500,000 of local financial assistance.
Mayor Spencer and the Pinckneyville City Council heard a presentation Feb. 23 from Ron Swope, CEO of Horizon Management & Developer Group, about a proposed production facility to be sited in the McDaniel Furniture building.
Swope said the company expects to hire about 35 workers at the Pinckneyville plant and could begin production three to four months after closing and necessary improvements. "We expect to hire 35 workers at the Pinckneyville plant," Swope said. He told the council the facility would initially build single-family residential units and later shift to hotel and apartment units after a separate Mounds plant opens.
The council placed Resolution No. R-2026-08 on file; Commissioner Sammy D. Peradotta moved to place the resolution on file and Commissioner William B. Stotlar seconded. The motion carried on roll call with all members voting yea.
Economic Development Coordinator and Zoning Administrator Carrie Gilliam answered a public-question from Jeff Egbert of the Weekly Press about public support and funding. Gilliam stated funds "will come from TIF, Business District, and Enterprise Zone for a total investment of $500,000.00." The timeline Swope offered remained contingent on closing and the time needed to gut and improve the building.
Mayor Spencer introduced the developer and framed the discussion as an initial step to evaluate whether TIF assistance and other local incentives could support the project. The council did not adopt the redevelopment agreement at the meeting; placing the resolution on file preserves its consideration while staff and council complete follow-up work.
Next steps identified on the record include further review of the proposed TIF terms, confirmation of the facility purchase details, and any required approvals at future meetings. No formal financial commitment beyond placing the resolution on file was recorded at the Feb. 23 session.
