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Old Jewel Property

Sunday, March 3, 2013

Trooper Hurt in Crash, 11 Charged in Drug Ring, Old Jewel Property Development: This Week

Patch recaps top news stories from last week, including an accident involving a state trooper and several cars, a drug ring investigation that resulted in charges for 11 local men, news of the closing of a 40-year-old business and more.

Here are the top news stories from the week of Feb. 25-March 1: UPDATED: Traffic Rerouted Near Geneva Road Accident Involving State Trooper Car Officials Charge 11 Men After West Suburban Drug Ring Investigation Downtown Wheaton Business to Close After 40 Years City Weighs Committing TIF Funds to Developer or Downtown Improvements Developer Seeks City Approval for Former Jewel Property Plan Central DuPage Hospital Named One of Nation's Top 100 Hospitals WWS Senior Wins State Culinary Title  What Will Illinois Lose in the Sequester? Sequestration Budget Cuts Data: Which IL Counties Have the Most Federal Employees? Wheaton Student to Serve as Youth Leader in Special Olympics Fine Recommended for Gas Station Caught Selling Cigarettes to a …

Gregg Slapak

10:33 am on Monday, March 4, 2013

A very god report by the Daily Herald follows re: the former Jewel store http://www.dailyherald.com/article/20130226/news/702269724/   more ›

Thursday, February 28, 2013

City Weighs Committing TIF Funds to Developer or Downtown Improvements

Wheaton City Council considers using TIF funds for public improvements in its downtown strategic plan.

City officials will consider a developer's request for tax-increment financing (TIF) funding assistance for public enhancements in development of the old Jewel property, but some say they're inclined to put the money toward the downtown strategic plan.  Mokena-based developer Olympia Investments has requested the city's approval to demolish the former Jewel building at 114 E. Willow Ave. and build a three-story medical office building in its place. City Manager Don Rose said at a planning session Monday that the developer will probably ask for TIF assistance of as much as $1.1 million for public enhancements included in the project.  He told council members he wanted to address the city's TIF funding policy to consider how the money should…

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Charlotte Eriksen

8:14 am on Thursday, February 28, 2013

It is a good point, Christopher. It will bring people downtown—but who knows if they'll shop. It's still a great development to have there.   more ›

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