Naperville is pushing ahead with tax incentives that could breathe new life into shopping centers on opposite sides of the city.
Brixmor Property Group wants to redevelop the Heritage Square shopping center in the 400 block of Route 59 with money generated by a business district tax, which they're requesting from the Naperville City Council.
The Heinen’s plan was more widely accepted by the council, with several members expressing how the tax would improve chronic flooding in the shopping center’s parking lot as well as around the neighborhood that drains into the lot. He noted that on the other side of Route 59 in Aurora, Indian Prairie School District 204 is watching commercial land being transformed into multifamily housing.
“The more businesses we can bring to our district, the greater our chance to reduce the funding disparity that is current within our district,” he said.Additional funding will enable Indian Prairie to maintain class sizes more aligned with 203 and staffing to enhance the educational experience for the students, Tally said.
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