SPRINGFIELD, Ill. – State Rep. Anthony DeLuca, D-Chicago Heights, passed legislation out of the house today, which will benefit keystone properties throughout Park Forest.
“This legislation will provide great opportunities for vacant buildings throughout the Village of Park Forest,” DeLuca said. “It will allow for such properties to receive tax incentives to develop in the community, which will provide opportunities for business and economic growth.”
Recently, a developer has been looking at properties throughout the United States to invest in, ultimately settling on a vacant property in Park Forest. DeLuca’s House Bill 159 provides the necessary incentives for developers to invest in the community. The investor will be investing $8 million into the property as well. This will create 40 jobs initially, and up to 100 jobs long term.
“In order to make this investment feasible to the developer, tax incentives were a necessity,” DeLuca said. “With this legislation, the community will now have the opportunity to turn a once vacant building into a business that will manufacture nutritional supplements and food. This is a great opportunity for Park Forest that will create a new business, jobs and economic growth.
Visit Rep DeLuca’s website
277-S Stratton Office Building
Springfield, IL 62706
(217) 558-4944 FAX
195 W. Joe Orr Rd.
Chicago Heights, IL 60411
(708) 754-7904 FAX